Consumer Federal Protection Bureau

  • Many Complications for Remittances

    The large and growing need for affordable remittance transfer services represents an equally large business opportunity for credit unions. This is especially true for those U.S. cooperatives serving Hispanic members with family in Latin America.

  • Regulation Just One of Many Issues Complicating Remittance

    Once the domain of Latin mom-and-pop shops, remittance services have in recent years become accessible to Hispanic and other consumers through their local credit unions.

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