The United States will impose a new 1% tax on remittances when they are made in cash in 2026. Learn ...
Got family in Honduras? You know how much it means to support them, no matter the distance.
Did you know part of your money might be lost to fees that are easy to miss? These small charges add...
Sending money from New York to Mexico is simple with Elektra Go. Whether you’re supporting your fami...
Sending Money from the U.S.? Avoid These Common Mistakes Sending money to family in Mexico or Latin ...
2025 brings new opportunities to grow, dream big, and support your loved ones. Whether you want to g...
Share your email for a
$0 transfer fee
on your first transfer
Latest Posts
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
