Remittances to Colombian increased 16% in September to $ 644.3 mn

The Banco de la República reported that Colombian abroad sent remittances into the country for $644.3 million in September of this year, an increase of 16.15% compared to $ 554.7 million registered in the same month of 2019. Between January and September 2020, Colombians abroad sent remittances to the country for $ 4,964.7 million, 0.52% less than those registered in the same period last year ($ 4,990.8 million). However, in the third quarter of the year, remittances increased by 6.15% ($ 1,884.4 million vs $ 1,775.2 million in 2019). Spain, the United States, Venezuela, the United Kingdom and Chile are some of the countries with the highest participation in sending remittances.

Source: La República