Tag Archives: Mexican Banks Association

Mexico Proposes New Remittance Facilitation Plan

By RICARDO CASTILLO Mexico’s top financial authorities issued an alternative banking program to help Mexican migrant workers in the United States make the most out of their remittances, which in 2020 amounted to over $40 billion. The alternative banking plan comes as a response to the Bank of Mexico bill proposed by the country’s majority party, the National Regeneration Movement

Read more