A. M. El Salvador has positioned itself as the undisputed leader in money transfers within Central America between january and april, sending a total of US$95.7 million through the Sistema de Interconexión de Pagos (SIPA). This figure, revealed by the Secretariat of the Consejo Monetario Centroamericano (SECMCA),underscores the country’s growing economic relevance in the region.
This amount represents an impressive 67.35% of the total transfers made in Central America during the period analyzed. Guatemala was the main recipient of these salvadoran funds, with US$48.1 million, followed by Nicaragua with US$26.1 million and Honduras with US$19.4 million.
El Salvador’s growth in this sector is remarkable, as transfers increased by 85.31% compared to the US$51.6 million sent in the same period of 2024. This significant increase highlights the expansion of economic activity and remittances from the country.
Despite its role as the main issuer, El Salvador also received US$11.9 million in transfers, equivalent to 8.40% of the regional total. These bidirectional flows demonstrate the financial interconnection and dynamics of Central American economies.
SIPA closed 2024 with transactions totaling US$359.9 million, consolidating its position as a vital tool for trade and financial integration. Its efficiency and transparency optimize money flows and strengthen economic ties in the region.
Countries such as Honduras, Nicaragua, and the Dominican Republic have increased their participation in the SIPA, demonstrating their confidence in this system. The platform not only facilitates cross-border transactions, but also fosters greater economic collaboration and regional stability.
