Remittances to Mexico Rise 2.8% in First Five Months of 2026; Trend Remains Upward
· Telemundo McAllen (KTLM)
Mexico received $25.287 billion in remittances in the first five months of 2026, marking a year-over-year increase of 2.8%, continuing an upward trend after nearly a year of declining income due to the tightening of U.S. anti-immigration policies, the Bank of Mexico (Banxico) reported on Wednesday. This amount is $520 million more than the $24.588 billion received in the same period of 2025, according to Banxico. However, the number of transactions fell by 2.3% to 62.99 million, with 99.2% of them being electronic transfers. In May alone, Mexico received $5.611 billion in remittances, a year-over-year increase of 3.8%. Additionally, compared to the previous month, remittances rose by 6.7%. In May 2026, there was a year-over-year decrease of 1.7% in the number of remittances received, totaling 13.9 million transactions, but the average amount increased by 5.6% to $404.
AI summary · Source: Telemundo McAllen (KTLM) →
