USD → MXN
Cheapest way to send money to Mexico
The United States to Mexico is one of the busiest remittance corridors in the world, and that competition shows up in the price. Fees here are lower than almost anywhere else, and there are more providers to choose from, so paying a bank's spread to move dollars into pesos is a straightforwardly bad deal.
Cash pickup is unusually convenient in Mexico because the agent network reaches ordinary shops rather than dedicated offices. Domestic bank transfers run on SPEI and land quickly, which matters if you are paying rent from abroad on a deadline.
Checked . Fee figures are typical estimates, not live quotes. Change them in the calculator if you know your exact fees.
01
The transfer
How much, and which two currencies.
Not in the list? Choose “Enter my own…” and type the 3-letter code (GEL, VND, COP…).
02
How the money moves
Sending to someone else and spending your own money there are different questions. Pick one from the matching group.
To someone else
Your own money there
Loading live rate…
After fees · Wise
1 USD = 16.88 MXN
Mid-market is 17.00.
Adjust feesThese are typical estimates, not official numbers from the company›
Sending $1,000 to someone in Mexico
Money leaves you and arrives with them in Mexican pesos. Sorted cheapest first. “Cost” is the fee plus whatever the rate is worse than mid-market, which is the part most comparisons leave out.
These are typical fees, not Mexico fees. Nobody has checked these particular numbers for Mexico yet, so treat the order as a general rule and the amounts as a rough guide. Get a real quote before you commit.
| Method | Cost | They receive |
|---|---|---|
| Revolut | $5.990.6% | 16,898MXN |
| Wise | $7.000.7% | 16,881MXN |
| Remitly | $17.931.8% | 16,695MXN |
| PayPal | $44.804.5% | 16,238MXN |
| Western Union | $45.004.5% | 16,235MXN |
| Bank wire | $49.384.9% | 16,161MXN |
Spending your own money in Mexico
For when you are traveling there and the money is already yours. Costs are per $1,000 converted. Remember that some cards and ATMs charge you for every transaction rather than once.
These are typical fees, not Mexico fees. Nobody has checked these particular numbers for Mexico yet, so treat the order as a general rule and the amounts as a rough guide. Get a real quote before you commit.
| Method | Cost | You get |
|---|---|---|
| ATM withdrawal | $24.002.4% | 16,592MXN |
| Card spend | $30.003.0% | 16,490MXN |
| Cash | $30.003.0% | 16,490MXN |
Figures use a rate of about 17 MXN to 1 USD; the calculator above uses the live rate.
How the money arrives in Mexico
Most common first. Which of these your recipient can actually use usually matters more than a fraction of a percent in fees.
- 1Bank transfer via SPEI
- 2Cash pickup at a shop or agent
- 3Debit card top-up
Living in Mexico, not just sending money there
A transfer is one number. These work out a whole month, including what the transfers cost you over a year.
- Cost of living in Tijuana$2,212/mo
- Cost of living in Mexico City$2,520/mo