With the aim of protecting remittances sent by Mexicans in the United States from a new tax announced in Washington, President Claudia Sheinbaum Pardo introduced the new FINABIEN Paisan@ Card, promoted by Financiera para el Bienestar.
During her morning press conference, the President explained that this card offers a secure and accessible alternative for Mexican nationals sending money to their families from the United States, especially in light of the upcoming 1% tax on cash remittances, set to take effect on January 1, 2026, as part of the Fiscal Package passed by the U.S. Congress.
“With this card, our fellow Mexicans will avoid the new tax and gain access to financial services with fewer requirements than those demanded by commercial banks,” Sheinbaum explained.
The FINABIEN Paisan@-USA card can be requested at any of the 53 Mexican consulates in the United States or via the official websites www.finabien.gob.mx and www.tarjetafinabien.com. In addition, users can receive their payroll salary through electronic transfer, as the card includes a U.S. bank account.
Among its added benefits, the card allows users to send up to $2,500 USD per day and $10,000 USD per month with a flat fee of $2.99 USD, directly to a FINABIEN Paisan@-Mexico Card. Users can also make cash deposits at over 100,000 participating retailers.
Remittances are delivered within seconds to the FINABIEN-Mexico card of the recipient, who also benefits from the service. The FINABIEN-Mexico Card can be used for in-store and online purchases, bill payments, and includes access to a savings account with a 10% annual yield, compounded monthly, known as a “Virtual Vault.”
The Mexican Government indicated that this measure is part of a broader strategy to safeguard the economic rights of migrants, minimize the impact of fiscal burdens, and promote access to safe, affordable, and intermediary-free financial services.
Mexican Press Agency is part of ALMA, which is dedicated to news and information about Mexico and Mexicans in the United States and is a fiscally sponsored project of Social Focus, a 501(c)(3) nonprofit organization based in Redwood City, California.
