Research project on ways to improve Latin American immigrants¿ access to the U.S. banking system focused on access issues related to recent Latin American immigrants and particular attention to best practices in account opening procedures and providing remittance Products. Research also...

This report explores the dynamic between financial institutions and remittance senders, identifying both opportunities and obstacles that could determine whether or not it will achieve its promises of greater economic development in recipient countries and deeper hemispheric integration.

US banks and credit unions are determined to have Latin American immigrants as important and permanent members of their customer base. Community groups, government, and US business interests are aligning through the remittance market to the benefit of Latin American immigrants and their families.