Mexicans sent $31.5B back home from US during first half of 2024

Bandera mexicana by Jorge Aguilar is licensed under unsplash.com

SAN DIEGO (Border Report) — Almost $31.5 billion in remittances were sent from the U.S. to Mexico during the first half of 2024, according to the Bank of Mexico (BANXICO).

A remittance is considered any money sent as payment for goods and services or as a gift to family or friends.

The amount of dollars sent in the first six months of this year represents a 3.7 percent increase over the same time last year.

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