United States to Latin America remittance corridor

E798379

The United States to Latin America remittance corridor is a major cross-border money transfer channel through which migrants in the U.S. send funds to family and recipients across Latin American countries.

All labels observed (1)

How this entity was disambiguated

Statements (52)

Predicate Object
instanceOf cross-border payment corridor
international money transfer channel
remittance corridor
currencySent United States dollar
linked to: US dollar
destinationCountry Argentina
Belize
Bolivia
Brazil
Chile
Colombia
Costa Rica
Cuba
Dominican Republic
Ecuador
El Salvador
Guatemala
Guyana
Haiti
Honduras
Jamaica
Mexico
Nicaragua
Panama
Paraguay
Peru
Suriname
Uruguay
destinationRegion Latin America
economicRole source of foreign exchange for Latin American countries
stabilizer of household income in Latin America
mainRecipientType family members
households
mainSenderType immigrants
migrant workers
mainUseOfFunds education
food
healthcare
household consumption
housing
small business investment
regulatedBy United States federal authorities
United States state financial regulators
financial authorities in recipient countries
riskType consumer protection risk
fraud risk
money laundering risk
sourceCountry United States
supports financial inclusion in Latin America
typicalTransferMethod bank transfer
cash payout
mobile wallet
money transfer operator

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Vigo supportsCorridor United States to Latin America remittance corridor