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How New Yorkers Simplify Sending Money to Mexico With Elektra Go
Sending money from New York to Mexico is simple with Elektra Go. Whether you’re supporting your family, covering rent, or helping with a celebration, Elektra Go offers an easy, secure, and reliable way right from your phone. Every transfer helps you stay close to your loved ones and makes a real difference back home.
June 25, 2025
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Personal Finance
Get ahead of the new 1% remittance tax
What is the new remittance tax in the United States Starting January 2026, money transfers funded with cash, money orders or cashier’s checks in the United States will include a new 1 percent federal tax. This tax applies only to in person cash funded transfers. Digital payments made through mobile apps are not affected by this tax.
December 03, 2025