Overview
- October inflows reached $5.635 billion, marking the highest monthly level of 2025 but still down from October 2024.
- Banxico recorded about 14.0 million transfers in October with an average of $403, reflecting fewer transactions year over year but larger average amounts.
- Electronic transfers accounted for 99.1% of inflows from January to October, underscoring the dominance of formal digital channels.
- On a seasonally adjusted basis, October receipts rose 1.0% from September, even as annual comparisons stayed negative for a seventh straight month.
- Analysts cite a high 2024 base and tighter U.S. migration enforcement as key pressures; U.S. Treasury/FinCEN signaled closer scrutiny, while President Claudia Sheinbaum said there is no evidence of systemic laundering and urged against criminalizing migrants.