Remittances to Mexico Reach $5.36 Billion in September, Up 1.6% From a Year Earlier

Mexico remittances September 2026: Remittance inflows to Mexico reached $5,362 million in September, registering annual growth of 1.6%, according to updated data from Banco de México (Banxico). During the ninth month of 2026, remittance receipts from abroad involved 12.6 million transactions, with an average transfer of $426. The increase in September followed an annual decline of 3.6% in August, which.

Mexico remittances September 2026, Digi Mart USA News: Remittance inflows to Mexico reached $5,362 million in September, registering annual growth of 1.6%, according to updated data from Banco de México (Banxico).

During the ninth month of 2026, remittance receipts from abroad involved 12.6 million transactions, with an average transfer of $426. The increase in September followed an annual decline of 3.6% in August, which ended a streak of six months of gains.

Banxico said the September result reflected a 6.3% contraction in the number of transfers, offset by an 8.4% increase in the average remittance amount.

Cumulative remittance inflows for the first nine months of 2026 totaled $47,164 million, compared with $46,184 million reported for the same period in 2025, an annual increase of 2.1%.

Electronic transfers accounted for 99.2% of the total for January through September, reaching $46,773 million. Cash and in-kind remittances and money orders represented 0.6% and 0.2% of the total, respectively, at $303 million and $87 million.

Among electronic remittances, 46.4% were collected in cash, totaling $21,685 million, while 53.6% were deposited into accounts, amounting to $25,089 million.

Remittances sent abroad by residents of Mexico totaled $115 million in September 2026, based on 267,000 transactions with an average transfer of $430. Banxico reported that outflows grew 23.2% annually, driven by a 12.6% increase in the number of transfers and a 9.4% rise in the average value.

Felix Reeves

Felix Reeves is the Digital Motoring Editor at USA News after joining in July 2023. He previously worked as a Motoring News Reporter at the Express.

If you have a story you want to share, email felix.reeves@icifmede.com or motoring@icifmede.com

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