Banks had slightly higher remittance fees in the United States to Mexico remittance corridor than MTOs, as of 2024. 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 1st quarter of 2024, by provider
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World Bank (Remittance Prices Worldwide), & Statista, & FXC Intelligence. (July 6, 2024). Total average cost of sending 200 U.S. dollars worth of remittances between United States and Mexico from 1st quarter of 2011 to 1st quarter of 2024, by provider [Graph]. In Statista. Retrieved December 22, 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 1st quarter of 2024, by provider." Chart. July 6, 2024. Statista. Accessed December 22, 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 1st quarter of 2024, by provider. Statista. Statista Inc.. Accessed: December 22, 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 1st Quarter of 2024, by Provider." Statista, Statista Inc., 6 Jul 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 1st quarter of 2024, by provider Statista, https://www.statista.com/statistics/1473661/cost-sending-low-value-remittances-usa-mexico-by-provider/ (last visited December 22, 2024)
Total average cost of sending 200 U.S. dollars worth of remittances between United States and Mexico from 1st quarter of 2011 to 1st quarter of 2024, by provider [Graph], World Bank (Remittance Prices Worldwide), & Statista, & FXC Intelligence, July 6, 2024. [Online]. Available: https://www.statista.com/statistics/1473661/cost-sending-low-value-remittances-usa-mexico-by-provider/
