In recent years there has been significant growth in the flow of remittances to Latin America. Particularly in the case of South America, Colombia is the main recipient of remittances and is also one of the countries with the highest rates of financial inclusion. In line with this, this study analyzes the relationship that the flow of remittances has on the financial inclusion of households in the three main cities of Colombia: Bogotá, Medellín and Cali, based on six measures of financial inclusion. For this, data from the Great Integrated Household Survey (GEIH) is used, which allows the identification of characteristics at the level of individuals and households for Colombia and an estimate is made by the instrumental variables (VI) method, due to the endogeneity that exists between remittances and the level of financial inclusion, in which the network effects that Colombian migrants have are exploited. The information used makes it possible to analyze both the intensive and extensive margin that remittances have over the level of financial inclusion. The results indicate that those who live in households that receive remittances are less likely to be financially included in terms of credit, insurance, and transaction products. This effect is also found in the case of the two multidimensional indicators of financial inclusion that are built for this study. On the other hand, there is a positive effect for savings products. Finally, remittances have a greater and negative impact on the level of financial inclusion in households in which the resources are received by men and in those in which the head of the household is a man
