US EditionMexico Promotes Sending Remittances Through Bank Card to Avoid Trump Taxes · Global Voices
10 Articles
10 Articles
Fintech banks and companies can charge up to 800 pesos for every thousand dollars sent to Mexico, due to differences in commissions and exchange rate, warned Adolfo Fito Torres, founder of remittancesmx.org, a digital platform known as a ‘who is who’s who’ in remittances. “What is a fact is that our remittances, starting in January, will have a tax. People will clearly receive less resources here in Mexico,” warned the former federal representat…
Santa Maria Times
MEXICO CITY (AP) — Mexico announced Friday the expansion of a bank card, which can be obtained at consulates or ordered online, with which Mexicans would dodge the 1% tax on approved remittances...
As she said earlier this week, President Claudia Sheinbaum presented the scheme for Mexican migrants to send remittances to their families without paying fees, through the FinaBien card. This Friday, the director of the Finance for Welfare, Rocío Mejía Flores, appeared during the press conference ‘morning’ of the president’s to explain the process through which nationals in the United States can send money to Mexico through this financial produc…
They can be requested at the 52 Mexican consulates in the United States for sending remittances.
The sending of remittances with Finabien Card from the United States will have a commission of $2.99, the lowest in the market. The Financial Welfare Card (Finabien) can be an alternative for migrant countrymen to be able to send their money to their family members in Mexico safely and without taxes. This Finabien Card was announced at the morning conference of the people on Friday, July 18th, by the president of Mexico, Claudia Sheinbaum Pardo.
The Finabien card will allow sending remittances directly to an account in Mexico, with maximum amounts of up to $2,000 per day and up to $10,000 per month. The commission will be $2.99 per shipment. The post Sheinbaum presents the Finabien Paisano Mexico Card to avoid tax on remittances first appeared on SinEmbargo MX.Read the full text in sinembargo.mx
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