Mexico | Faced with possible restrictions, remittances grew by 24.7% in November

Summary

If the president elect were to impose such restrictions, he would a) pass a law obliging financial institutions to verify the immigration status of customers sending remittances, which would no doubt affect remittances by undocumented immigrants, and b) seek to impose some form of duty on sending of remittances from the US to Mexico and possibly to Latin America as a whole

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