The Best Services of Sending Money to Mexico
List of the best services to transfer money from the US to Mexico:
🪙 Cheapest to a bank account | InstaReM |
💳 Best with credit card payment | Remitly and WorldRemit |
💶 Easiest cash pickup | Remitly and MoneyGram |
🎁 Special offers for first transfers | Wise |
Nowadays, it is easy for people to send money to their friends or business partners living in foreign countries. Thanks to the advanced technology and the internet! More financial providers are offering their financial services online. Such providers include banks, MoneyGram, and Western Union, among others. Therefore, it is not a must for you to visit your bank branch in order to send money to your recipient in Mexico. You can do it at the palm of your hands.
How to send money to Mexico online?
- Enter the country of departure – United States.
- Enter the country of receipt – Mexico.
- Select the departure currency - you can send money online from the US in USD and EUR.
- Enter the transfer amount in the selected currency - for example, 2000 USD.
- Select receipt currency - the recipient can receive money in Mexico in MXN, USD, EUR.
- Choose an appropriate option from the 7 proposed providers and follow the link to process a money transfer from the US to Mexico.
Available options for receiving remittances to Mexico
We have found several available options for receiving remittances in Mexico. Receiving a transfer in Mexico can be done to a bank account, mobile wallet or in cash.
How do I transfer money to Mexico to a bank account?
How do I send money to Mexico to a mobile wallet?
Different ways to pay for money transfers to Mexico
We have found a few convenient ways to pay for money transfers to Mexico. You can use a Bank Debit (ACH), Payee, Bank account, Debit card, Credit card, Cash at Location or Bill Payment to pay for transfers to Mexico.
How to transfer money to Mexico with a debit card?
How to send money to Mexico from a bank account?
How to remit money to Mexico by credit card?
How to send cash to Mexico?
How to wire money to Mexico using Bank Debit (ACH)?
What are the different ways of transferring money to Mexico?
Bank transfer, online money transfer, e-transfer, and credit cards are the most common methods people use to send money to Mexico. Let us see how you can use these methods effectively;
- E-Transfer: Since the introduction of the internet, e-transfer has emerged to be the fastest and convenient method of sending and receiving money from other people across the world. Payments are always instant though can sometimes take up to thirty minutes. However, this depends on the type of credit union you are using. Using this method, however, requires you to have the recipient's email and mobile number.
- Bank Transfer: For many years, bank transfer has been the most popular method of sending money. It is not only a safe but also convenient way of sending or receiving money from your customers, business partners, relatives, or friends. However, you must visit your bank to understand how to initiate payment using this method. It takes about two business days for the recipient to receive money once payment has been initiated.
- Credit Cards/Debit Cards: In this technological era, many organizations across the world accept debit cards and credit cards. In Mexico, for instance, individuals are allowed to use their credit cards to send money or make payments because it is easy and faster to use. However, one must open an account online and link it with his/her credit card before they start using this method. Although using credit cards or debit cards is the fastest way of sending money or making payment, it is the last option you should consider if you want to send money to any person. This is because you might lose your money if you are careless.
- Online Money Transfer: Nowadays, people use various online platforms to send or receive money in the comfort of their homes. Such platforms include Payoneer, MoneyBookers, and Paypal. It is very simple to use these systems as you only need to create an account with them and link it with your credit card.
Top 7 money transfer providers for sending money to Mexico
Provider | Rate | Fees and special offers |
---|---|---|
InstaReM | 20.2496 MXN | $10 off first 2 transfers with code FROMTO |
Wise | 20.3020 MXN | Fees = 17.13 USD |
Remitly | 20.1200 MXN | Special rate and no fees on your first transfer |
Xe | 20.0600 MXN | Special rate for new customers |
OFX | 20.0248 MXN | No fees |
MoneyGram | 19.9183 MXN | First transfer is fee-free |
WorldRemit | 19.7980 MXN | First 3 transfers are fee-free with code 3FREE |
Which service should you use to send money to Mexico?
Online Money Transfer continues to be the best way of sending or receiving money in Mexico because it is secure, reliable, transparent, and convenient. With many different types of banks in the country, the recipients can access the money immediately it is credited in their bank accounts or debit card.
Reliable online remittance providers to Mexico
Send money from the US to Mexico with Wise
Wise (formerly TransferWise) offers some great options for sending money from the US to Mexico. | |
💱 Is it cheap? | The exchange rate at Wise is 20.3020 MXN for 1 USD. The fees and transfer speed depend on the payment option you choose and can vary. |
💲 How to pay? | The best way to pay is via Bank Debit (ACH). There is also the option of paying using Bank account, Debit card or Credit card, but the fees will be higher. |
⌚ Is it fast? | The fastest way to send money is via Bank Debit (ACH), Bank account, Debit card or Credit card. The transfer will then be processed instantly. |
💰 How to receive? | There is only one option available from Wise for transfers to Mexico - money can be received into a bank account. |
Send money from the US to Mexico with Xe
Xe has several good and reliable options to transfer money from the US to Mexico. | |
💱 Is it cheap? | XE has set a special exchange rate for new customers - 1 MXN can be exchanged for 20.0600 USD. |
💲 How to pay? | The best way to pay is via Bank account, which does not charge any fees. You can also pay with a Debit card or Credit card, but XE will charge you a fees. |
⌚ Is it fast? | If you pay via Bank account, Debit card or Credit card, the transfer will be delivered to Mexico within 24 hours. |
💰 How to receive? | Using XE, the recipient will only be able to receive transfers from the US to their own bank account. |
How much does it cost to send money to Mexico?
When transferring 2000 dollars to Mexico, the amount received is 40499.20 MXN in InstaReM. You can also receive a money transfer from Wise for the amount 40256.23 MXN. And with Remitly 40240.00 MXN. There is still an option Xe , OFX.
28904.20 MXN - will be received by transferring 2000 to Mexico via InstaReM. Or it is possible to recieve a transfer for 28816.92 MXN with Wise. With Remitly, the recipient receives the amount of 28780.00 MXN.
Why you should Choose Us
For many years, we have been providing financial services to different clients across the world. Our support staff will help you understand the best and reliable method to use if you want to send money to any person living in Mexico.
FAQ
What is the best way to send money from the US to Mexico (USD → MXN)?
What is the fastest way to transfer money from the US to Mexico (USD → MXN)?
What is the cheapest way to transfer money from Canada to Mexico (CAD → MXN)?
How long does it take to send money from Canada to Mexico (CAD → MXN)?
What payment methods to use for transfers from the US to Mexico?
How to receive money transfer from the US in Mexico?
How to send money from the US to Mexico for free?
Popular destinations for transfers to Mexico
- Afghanistan
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- Albania
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- Ecuador
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