Mexico remittances September 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 migration policy in the United States, the main source of these transfers, according to Banco de Mexico (Banxico), which reported the figures on Tuesday.
In September alone, Mexico received $5.362 billion in remittances, a 1.6% year-over-year increase, following a 3.6% decline recorded in August. That represented $980 million more than the same period of 2025, when Mexico received $46.184 billion.
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 the January-to-September period, 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 in the first nine months of the year, totaling $46.773 billion, while 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 between January and September totaled $972 million, 11.4% more than in the same period of 2025.
Over the last 12 months, from October 2025 through September 2026, Mexico received $63.452 billion in remittances, up from $63.370 billion over the 12 months ending in August. Remittances had broken an 11-year streak of consecutive annual growth in 2025, totaling $62.472 billion, 3.9% less than the record set in 2024.
The trend comes amid a tightening of U.S. migration policy since President Donald Trump returned to the White House in January 2025.
Mexico is one of the world’s largest recipients of remittances, which constitute a fundamental source of income for millions of households, especially in states with a long migration tradition.
