And now that you no longer receive remittances, what does the Banco del Bienestar do?

How many branches of Banco del Bienestar are there?

There are five states across the country with more than 100 Welfare Bank branches.

What services can I receive at the branches?

The Banco del Bienestar is a development bank that disperses the resources of social programs such as the pension for the elderly, the Youth Building the Future scholarship, the Sembrando Vida program, the pension for people with disabilities, and basic education scholarships.

Within the branches, Mexicans can also receive advice such as balance inquiries or the date on which it is the turn of the elderly to collect support. The foregoing was a decision of the bank because there was a saturation of users when the support was dispersed and the ATMs were overwhelmed.

To check balances and movements, Banco del Bienestar recently launched its app, although it does not allow transfers or payments for services.

At the moment, it is not providing loans, after it was reported in the past that it had a delinquency level close to 35%.