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Home > BSA/AML & Consumer Protection > Despite Terrible US Economy in 2020, Workers of Mexican Descent Sent Most Dollars Ever Back to Mexico
Feb8 - 21

Despite Terrible US Economy in 2020, Workers of Mexican Descent Sent Most Dollars Ever Back to Mexico

The total amount Mexico received in “remittances” — transfers of money by workers of Mexican descent mostly in the US but also other countries to individuals in Mexico — surged by 11.4% in 2020 to $40.6 billion, the highest ever, and the eighth year in a row of increases, according to data released by the Bank of Mexico. Read the complete article here.

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