Send money Mexico from USA (USD to MXN) provided by the best money transfer service providers us-dollar to mexican-peso (2024)

FAQs

What is the best company to send money to Mexico? ›

Xe provides great exchange rates and no hidden fees. You can transfer $1,000.00 US Dollars to Mexico at an exchange rate of 19.21 per US Dollars. Your recipient will receive MX$19,210.00 . You may be able to pay by bank transfer for 0.00 in additional transfer fees.

1 USD = 18.57 MXN - Today's Best US Dollar to Mexican Peso Exchange Rates.

For an $8 fee*, send $200, $600, or up to $1,000 to loved ones in Mexico, Guatemala, Honduras, Dominican Republic, Peru, Colombia and the majority of South America† from an agent location nearby.

In order to carry out the wire transfer it is necessary for you to have a checking or savings account in the US. Whoever receives the money shall have a Mexican bank account, specifically in the bank in which the money will be transferred. These services are usually free or have very low costs.

The best place to exchange currency in Mexico is at a large bank or select ATMs. Both options will use the 'real' exchange rate, also known as the mid-market exchange rate.

Bank Transfer

Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money.

Zelle can only be used by customers in the US with local bank accounts and phone numbers - you can't make a Zelle payment to someone in Mexico. Check out alternatives like Wise for low cost international transfers to Mexico.

How much does Remitly charge to send money to Mexico? ›

There is no legal limit on the amount of money you can send to Mexico. Different money transfer providers will impose their own limits when sending to Mexico from the US, for example: Western Union's sending limit to Mexico is $7,499. Xoom's sending limit to Mexico is $10,000.

Banks, credit unions, and online currency exchange bureaus and converters provide convenient and often inexpensive currency exchange services. Also, your own bank's overseas ATM or a foreign bank's are ways to get local currency with a credit card or ATM card once you have arrived.

The average cost of online money transfers to Mexico with Western Union* is 0.3% of the amount you send, whereas the cheapest online services have an average cost of 0.8%. Remitly is the provider that is most often the cheapest for money transfers to a cash pick-up location in Mexico.