Mexico remittances first nine months 2026, Digi Mart USA News: Remittances received by Mexico rose 2.1% year over year in the first nine months of 2026, reaching $47.164 billion, despite a tightening of U.S. immigration policy, the United States being the main source of these transfers, according to Banco de Mexico (Banxico).
In September alone, Mexico received $5.362 billion in remittances, a 1.6% year-over-year increase, after a 3.6% decline recorded in August. Compared with the same period of 2025, when the country received $46.184 billion, Mexico took in $980 million more.
The September increase was explained by an 8.4% rise in the average amount of each transfer, to $426, which offset a 6.3% reduction in the number of transactions, to 12.6 million. For January through September, the number of transactions also fell 2.7%, to 114.9 million, while the average remittance rose 5%, from $391 to $411.
Electronic transfers accounted for 99.2% of the funds received during the first nine months of the year, totaling $46.773 billion. Cash and in-kind transfers represented 0.6%, and payment orders 0.2%.
Of the electronic remittances, 53.6% were received through deposits into bank accounts and 46.4% were collected in cash.
Separately, residents of Mexico sent $115 million abroad in September, a 23.2% year-over-year increase, while outflows from January through September totaled $972 million, 11.4% more than in the same period of 2025.
Over the last twelve months, from October 2025 through September 2026, Mexico received $63.452 billion in remittances, above the $63.370 billion accumulated in the twelve months ending in August. In 2025, remittances broke a streak of eleven consecutive years of annual growth, totaling $62.472 billion, 3.9% less than the record registered in 2024.
These flows come amid a tightening of U.S. immigration policy since the return of President Donald Trump to the White House in January 2025.
Mexico is one of the largest recipients of remittances in the world, and these funds are a fundamental source of income for millions of households, especially in states with a long tradition of migration.
