On March 4, 2024, the Inter-American Dialogue released the report “Transaction Costs and Money Transfer Operators – A Review of Costs by MTO Receiving Countries.”
The following presentation from the Migration, Remittances, and Development Program’s Remittance Industry Observatory (RIO) features new data on remittances in Venezuela.
This report offers an overview of how foreign currency regulations affect money transfers to Venezuela in addition to describing and explaining Venezuelan migrant remitting behavior in six migrant host countries. It also provides an estimate of the aggregate volume of remittances sent to Venezuela.