Remittance Costs: Latin America & the Caribbean
The Costs of Sending Money to Latin America and the Caribbean
Analysis
Understanding Income, Remittances and Financial Access in Latin America and the Caribbean: the case of El Salvador
This article analyses financial access in El Salvador, delving into its characteristics and determinants. The article also presents the impact of a financial inclusion strategy to increase savings formalization rates among the population. The analysis is based on a financial advising project for more than 17,000 Salvadorans at branches of…
Video
Financial Education & Inclusion in Mexico
The results of a recent financial education project informed a wide-ranging discussion on financial inclusion strategies in Mexico.
Central America
Central America faces a wide range of challenges in the global context, of which organized crime, access to trade and financing, and outbound migration are a few. This is a compilation of the most relevant Dialogue’s reports on the region.
On the Cusp of Change: Migrants’ use of the internet for remittance transfers
This study presents the findings of a migrant survey conducted in November 2016 about remittances, new technologies, and financial access among Latin American migrants in the United States.
Migrants, Remittances, and New Technologies
Remittances to Latin America and the Caribbean surpassed US$70 billion in 2016, representing a critical source of income for the region. Two new Dialogue studies shed light on remittances, emerging technologies in methods of transfers, and opportunities for financial inclusion. These studies were presented and discussed on May 17th at an event moderated by Peter Hakim, President Emeritus of the Dialogue, and featuring speakers Manuel Orozco, the Director of the Dialogue’s Migration, Remittances, and Development Program, and Daniel Ayala, the Executive Vice President and Head of Global Remittances Services for Wells Fargo.
Migrant Financial Health
Addressing the unique financial needs of migrants will optimize the potential of their contributions and those of future generations.
Remesas convertidas en ahorro
En alianza con Banpro y la Alianza para las Migraciones en Centroamérica y México, nuestro programa de inclusión financiera generó US$960,000 en ahorros.
Asesoría e inclusión financiera en Banco Banpro
Este memo presenta los resultados del proyecto piloto sobre la inclusión financiera en Nicaragua en alianza con CAMINNA y Banpro/Grupo Promerica.
Will Latin Americans Save and Invest More After the Pandemic?
A Financial Services Advisor Q&A featuring experts’ viewpoints on saving and investment rates in Latin America post-Covid.
Video
Interpreting Increased Remittances to Latin America and the Caribbean
On March 30, 2022, the Inter-American Dialogue hosted a public roundtable titled “Interpreting Increased Remittances to Latin America and the Caribbean,” centered on the recent increases in the flow of remittances toward Latin America.
Prosperity and Progress in Intermediate Cities: Making Development Impacts through Remittances
On January 12, 2024, the Inter-American Dialogue released the report “Prosperity and Progress in Intermediate Cities: Making Development Impacts through Remittances.” The report, produced by Manuel Orozco, director of the Migration, Remittances, and Development program, Jaqueline Barrios, country coordinator for Guatemala, and Patrick Springer, program associate, reviews results and impacts of the program’s local development initiative in the Guatemalan municipalities of San Marcos, and Amatitlán.
Remittances and Development in Honduras – Bridging Opportunities
On February 28, 2024, the Inter-American Dialogue released the report “Remittances and Development in Honduras – Bridging Opportunities.” The report, produced by Manuel Orozco, director of the Migration, Remittances, and Development program analyzes migration patterns, characterizes remittance recipients, and reports on key financial inclusion metrics in the country. The report concludes with a pathway that outlines a strategy for leveraging remittances for development in the country.
Women, Remittances, and Financial Inclusion in Guatemala
On May 24, 2024, the Inter-American Dialogue released the report “Women, Remittances, and Financial Inclusion in Guatemala.” The report, produced by Manuel Orozco, director of the Migration, Remittances, and Development program, provides a financial characterization of women in Guatemala, explores barriers to financial inclusion, and outlines a path toward greater financial independence.