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Home/News/How To Open A Banco Del Bienestar Account For Remittances
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How To Open A Banco Del Bienestar Account For Remittances

News Team
News Team
18 February 2021 2 Min Read
741 0

The Banco del Bienestar announced a new mechanism so that in a simple, agile and secure way, migrants who are in the United States or any other foreign country can send resources to their families without commissions and in a matter of minutes through a bank account .

It is a new program to open an account at Banco del Bienestar remotely, these resources can be sent through a remittance company and will be delivered to the recipients at the bank’s branches, La Red de la Gente , Telecomm offices and payment points for social programs.

In addition, the institution will be able to buy the dollars that arrive in cash to the migrants and their families with the sole condition of having an account in the bank. We recommend: Migrants will access accounts at Banco del Bienestar and at a better exchange rate.

Treasury Accounts can be opened remotely from the United States, with the consular registration or passport issued by the Ministry of Foreign Affairs (SRE) as official identification and an email. Mexican migrants may receive guidance on the program from the Institute of Mexicans Abroad at the Financial Advisory Windows (VAF) of the consulates distributed in that country, to open their accounts and on the benefits of them.

They can also receive, through the VAF and the SRE, their corresponding international debit cards. The agency made three types of accounts available. We recommend you… Banks will request permits to open accounts to migrants digitally’We buy doses to protect more than 150 million’: Arturo Herrera Express Account This works for Mexicans living outside the country and can be requested through the Banco del Bienestar website.

Migrants Debt Account It is aimed at Mexicans deported from the United States and sent back to Mexico. It can be requested with the proof of repatriation in the modules of the National Institute of Migration . Debit account It is for relatives of migrants residing in Mexico. One needed proof of address and an official ID.

The general director of the Banco del Bienestar, Diana Álvarez , assured that the bank has 2,393 access points, among them its 433 branches, so the payment of remittances can be made through windows, ATMs or by accrediting accounts Therefore, it has the capacity to cover the 2,456 municipalities that receive remittances.

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News Team

News Team

The ABCMoney News Team is a collective of experienced financial journalists, market analysts, and business writers dedicated to delivering timely, accurate coverage across all major financial sectors. Our team brings together diverse expertise spanning stock markets, cryptocurrency, venture capital, and entrepreneurship. We specialize in breaking news, market analysis, earnings coverage, funding announcements, and business trends — providing readers with comprehensive insights backed by rigorous research and years of experience. What drives our work: We believe readers deserve honest, transparent financial journalism without hype or sensationalism. Whether it's a breaking market development, a major funding round, or an emerging business trend, our team focuses on accuracy, context, and clarity. Our coverage areas include: • Stock market analysis and earnings reports • Cryptocurrency markets and blockchain developments • Venture capital and startup funding • Business news and entrepreneurship • Investment strategies and market trends • Economic developments and regulatory changes The ABCMoney News Team operates 24/7 to ensure readers have access to the latest financial news and analysis when it matters most. Our collaborative approach combines individual expertise with collective insight, delivering well-rounded coverage that helps readers make informed decisions. We're committed to maintaining the highest standards of financial journalism — fact-checking rigorously, citing sources transparently, and providing balanced perspectives on complex topics.

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