| Billions sent to Latina America by State 2004 |
- 38 Billion dollars are sent from USA in remittances to other countries
- 30 Billion dollars are sent to Latin America of the 38 billions dollars
- 54% of the 30 billion dollars are sent to Mexico
- American financial institutions account for less than eight percent of the remittance traffic.
- On average, immigrants in the United States send money to their home countries 12.6 times a year, generally
several hundred dollars at a time, according to a recent study by the Inter-American Development Bank.
Money sent in 2006
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