With the aim of developing strategies that favor the local economy and the assets of the families of migrants, the Senate of the Republic and the Financiera para el Bienestar signed a collaboration agreementin order to reduce the cost of sending remittances and offer financial and support services aimed at migrant families.
The signing of the agreement took place during the forum “Financial inclusion of the migrant community in the United States” organized by Senator José Narro Céspedes in the Antigua Casona de Xicoténcatl.
There, the president of the Board of Directors, Ana Lilia Rivera Rivera, considered it crucial to provide financial services adapted to the needs of Mexican migrants living in the United States, because by doing so, not only is the care of their money guaranteed, but supports the well-being and economic development of the country, through remittances.
He also pointed out that migrants living abroad are a vulnerable group who, without adequate financial support, can fall into the clutches of unscrupulous lenders, with exorbitant interest rates, or simply do not have a safe means to send or save. your money.
For his part, Senator José Narro Céspedes recalled that One of the objectives of the financial company is that migrants can transfer remittances to their families with fair commissionssince banks or other service providers charge around 20 percent of the amounts sent.
Furthermore, so that they arrive in full and that the resource is delivered to the poorest and most remote communities in the country, because one of the complaints of this sector, he said, is that the money does not reach its recipients in full.
It is abouthe insisted, to achieve social justice for the Mexican brothers who had to emigrate due to the poverty generated by the neoliberal model.
María Rocío Mejía Flores, general director of Financiera para el Bienestar, said that on October 21 of last year, Telecom Telégrafos, as it is still known in the United States, was transformed into this new institution, to fulfill the order of the federal Executive. to provide financial services to the migrant community, such as sending remittances, credits and popular savings.
He highlighted that it is the first time that a government has made such a significant effort to make available to Mexicans, a digital tool that facilitates and reduces the cost of sending their resources that they put together with so much effort.
Mejía Flores explained that Financiera para el Bienestar has the “financial card for well-being in the United States”which is a debit card and an electronic wallet so that people in that country can send money, but at a cost of $3.99.
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