Honduras: New BAC/BAMER service

BAC/BAMER Bank will launch a new service today that will allow Hondurans working abroad, especially those in the United States, to send remittances to family members at home.

Tuesday, August 12, 2008


©image: BAC BAMER

Some of the main benefits of this service are that remittances send via BAC/BAMER will be received the same day they are sent, there is no fee to receive the money, they are paid in cash, the bank can pay the receiver's credit card or loan, or they can be deposited in a bank account (no matter at which it is located).

More on this topic

El Salvador receives $3.8 billion in remittances

January 2009

In 2008 there was an average monthly income of $315.6 million, higher than the $307.9 average for 2007.

Elsalvador.com reports: "Salvadorans who reside abroad sent $3.78 billion to their families at home in 2008, an increase of 2.5%, the Central Reserve Bank (BCR) reported on Tuesday.

Remittances to Guatemala grow by 8.69 percent

July 2008

Despite the worldwide economic slowdown, remittances to families in Guatemala from members who live abroad have grown by 8.69 percent for the January-June period this year.

However, the rate of growth is down a bit from last year, when remittances increased by 12.64 percent year-over-year.

Correos de Costa Rica Launches Remittances Service

February 2011

The service will be provided through the post office services of Costa Rica and Peru, Spain, Chile, Uruguay, Argentina, Ecuador and Colombia.

It will launch on March and will operate at first on 4 branches located in Montes de Oca, Cartago, Alajuela and downtown San José.

Remittances to El Salvador approach $2 billion

July 2008

Families in El Salvador received about 1.94 billion dollars through remittences from family members living abroad during the first six months of this year, according to the nation's Central Reserve Bank.

This is about 120 million dollars more than the amount sent home in 2007.


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