Banks had slightly higher remittance fees in the United States to Mexico remittance corridor than MTOs, as of 2023. This is according to a Statista estimate that aims to compare the prices charged for sending international money transfers to Mexico but specifically sent from the United States. No figures were available on post office fees for remittances towards Mexico.
Total average cost of sending 200 U.S. dollars worth of remittances between United States and Mexico from 1st quarter of 2011 to 3rd quarter of 2023, by provider
Characteristic
Bank
Money Transfer Operator (MTO)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
World Bank (Remittance Prices Worldwide), & Statista, & FXC Intelligence. (January 11, 2024). Total average cost of sending 200 U.S. dollars worth of remittances between United States and Mexico from 1st quarter of 2011 to 3rd quarter of 2023, by provider [Graph]. In Statista. Retrieved July 16, 2024, from https://www.statista.com/statistics/1473661/cost-sending-low-value-remittances-usa-mexico-by-provider/
World Bank (Remittance Prices Worldwide), und Statista, und FXC Intelligence. "Total average cost of sending 200 U.S. dollars worth of remittances between United States and Mexico from 1st quarter of 2011 to 3rd quarter of 2023, by provider." Chart. January 11, 2024. Statista. Accessed July 16, 2024. https://www.statista.com/statistics/1473661/cost-sending-low-value-remittances-usa-mexico-by-provider/
World Bank (Remittance Prices Worldwide), Statista, FXC Intelligence. (2024). Total average cost of sending 200 U.S. dollars worth of remittances between United States and Mexico from 1st quarter of 2011 to 3rd quarter of 2023, by provider. Statista. Statista Inc.. Accessed: July 16, 2024. https://www.statista.com/statistics/1473661/cost-sending-low-value-remittances-usa-mexico-by-provider/
World Bank (Remittance Prices Worldwide), and Statista, and FXC Intelligence. "Total Average Cost of Sending 200 U.S. Dollars worth of Remittances between United States and Mexico from 1st Quarter of 2011 to 3rd Quarter of 2023, by Provider." Statista, Statista Inc., 11 Jan 2024, https://www.statista.com/statistics/1473661/cost-sending-low-value-remittances-usa-mexico-by-provider/
World Bank (Remittance Prices Worldwide) & Statista & FXC Intelligence, Total average cost of sending 200 U.S. dollars worth of remittances between United States and Mexico from 1st quarter of 2011 to 3rd quarter of 2023, by provider Statista, https://www.statista.com/statistics/1473661/cost-sending-low-value-remittances-usa-mexico-by-provider/ (last visited July 16, 2024)
Total average cost of sending 200 U.S. dollars worth of remittances between United States and Mexico from 1st quarter of 2011 to 3rd quarter of 2023, by provider [Graph], World Bank (Remittance Prices Worldwide), & Statista, & FXC Intelligence, January 11, 2024. [Online]. Available: https://www.statista.com/statistics/1473661/cost-sending-low-value-remittances-usa-mexico-by-provider/