The majority of family remittances received in Mexico in 2022 were transferred through non-bank institutions, as has been the case in prior years. While the value of family remittances sent through banks amounted to almost 10 billion U.S. dollars that year, nearly 48 billion U.S. dollars were sent by money transfer agencies and other non-bank institutions.
Value of family remittances received in Mexico from 2015 to 2022, by type of institution
(in million U.S. dollars)
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BBVA Research, & Statista. (August 24, 2023). Value of family remittances received in Mexico from 2015 to 2022, by type of institution (in million U.S. dollars) [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/789526/value-of-remittances-mexico-by-receiving-institution/
BBVA Research, und Statista. "Value of family remittances received in Mexico from 2015 to 2022, by type of institution (in million U.S. dollars)." Chart. August 24, 2023. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/789526/value-of-remittances-mexico-by-receiving-institution/
BBVA Research, Statista. (2023). Value of family remittances received in Mexico from 2015 to 2022, by type of institution (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/789526/value-of-remittances-mexico-by-receiving-institution/
BBVA Research, and Statista. "Value of Family Remittances Received in Mexico from 2015 to 2022, by Type of Institution (in Million U.S. Dollars)." Statista, Statista Inc., 24 Aug 2023, https://www.statista.com/statistics/789526/value-of-remittances-mexico-by-receiving-institution/
BBVA Research & Statista, Value of family remittances received in Mexico from 2015 to 2022, by type of institution (in million U.S. dollars) Statista, https://www.statista.com/statistics/789526/value-of-remittances-mexico-by-receiving-institution/ (last visited October 12, 2024)
Value of family remittances received in Mexico from 2015 to 2022, by type of institution (in million U.S. dollars) [Graph], BBVA Research, & Statista, August 24, 2023. [Online]. Available: https://www.statista.com/statistics/789526/value-of-remittances-mexico-by-receiving-institution/