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...

In 2009 remittance flows to Latin America and the Caribbean (LAC) declined as a result of the impact of the global financial crisis on countries in which migrants from the region live and work. The recessions in major remittance-sending countries such as the United States, Spain, and Japan had a...

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.

The IDB projects that remittances to Latin America and the Caribbean will grow by 1.5% in 2008, reaching 67.5 billion dollars. Despite a nominal increase, this will be the first year on record during which the real contribution of remittances to households will have decreased. Adjusted for...