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Send money from Germany to Mexico(EUR → MXN)
EUR
MXN|Updated recentlyMid-market 20.2120Cheapest todayof 19 providers
Remitly
Rate 20.1009 · Fee €1.99
You send
€1,000
Recipient gets
MX$20,061
MX$11 more than the most expensive provider · 0.55% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Germany to Mexico in May 2026 is Remitly, which delivers 20,060.85 MXN on a 1,000 EUR transfer with a fee of €1.99. According to SendMoneyCompare's comparison of 19 providers updated every 6 hours, the difference between the cheapest and most expensive provider on this corridor is 11 MXN.
Last reviewed: by Awais Imran, Reviews Editor
↓
Rates are low right now
11th percentile
Based on 53 days of data (2026-03-29 to 2026-05-20)
Today's best
MX$2,005.05
Skrill
53-day avg
1 EUR = 20.22 MXN
Best rate
20.69
2026-03-29 · Skrill
Worst rate
20.03
2026-05-19 · Revolut
What is the cheapest way to send EUR to MXN?
Sending €1,000 from Germany to Mexico. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient gets
Rate 20.1009·Fee €1.99·0.55% markup
↓ 2.5% over 42dAvg: 20.25 MXN (-0.7% vs avg)Range: 20.02–20.64
1
RemitlyBest value
Minutes to 3-5 days0.55% markup
↓ 2.5% over 42dAvg: 20.25 MXN (-0.7% vs avg)Range: 20.02–20.64
20.1009
€1.99
MX$20,060.85
Rate 20.2100·Fee €7.52·0.01% markup
↓ 3.0% over 53dAvg: 20.38 MXN (-0.8% vs avg)Range: 20.13–20.84
2
20.2100
€7.52
MX$20,058.02
Rate 20.1150·Fee €3.00·0.48% markup
↑ 0.3% over 7dAvg: 20.04 MXN (+0.3% vs avg)Range: 20.01–20.09
3
20.1150
€3.00
MX$20,054.66
Rate 20.0928·Fee €1.99·0.59% markup
Rate up 0.4%
↑ 0.4% over 7dAvg: 20.03 MXN (+0.3% vs avg)Range: 20.00–20.08
4
Instant0.59% markup
Rate up 0.4%
↑ 0.4% over 7dAvg: 20.03 MXN (+0.3% vs avg)Range: 20.00–20.08
20.0928
€1.99
MX$20,052.78
Rate 20.0503·Fee Free·0.80% markup
Best rate 49 of 53 days
↓ 3.1% over 51dAvg: 20.21 MXN (-0.8% vs avg)Range: 19.96–20.69
5
Instant to 3 business days0.80% markup
Best rate 49 of 53 days
↓ 3.1% over 51dAvg: 20.21 MXN (-0.8% vs avg)Range: 19.96–20.69
20.0503
Free
MX$20,050.32
Rate 20.0301·Fee Free·0.90% markup
↑ 0.3% over 7dAvg: 19.97 MXN (+0.3% vs avg)Range: 19.91–20.03
6
Under 3 minutes (95% of transfers)0.90% markup
↑ 0.3% over 7dAvg: 19.97 MXN (+0.3% vs avg)Range: 19.91–20.03
20.0301
Free
MX$20,030.11
Rate 19.9776·Fee Free·1.16% markup
↑ 0.3% over 7dAvg: 19.84 MXN (+0.6% vs avg)Range: 19.65–19.97
7
19.9776
Free
MX$19,977.56
Rate 19.9513·Fee Free·1.29% markup
↑ 0.3% over 7dAvg: 19.90 MXN (+0.2% vs avg)Range: 19.89–19.94
8
19.9513
Free
MX$19,951.28
Rate 19.9594·Fee €0.99·1.25% markup
↓ 3.0% over 49dAvg: 20.13 MXN (-0.8% vs avg)Range: 19.87–20.58
9
Minutes to 3 days1.25% markup
↓ 3.0% over 49dAvg: 20.13 MXN (-0.8% vs avg)Range: 19.87–20.58
19.9594
€0.99
MX$19,939.61
Rate 19.8987·Fee €2.99·1.55% markup
↑ 0.1% over 7dAvg: 19.89 MXNRange: 19.84–19.91
10
19.8987
€2.99
MX$19,839.24
Rate 19.8846·Fee €3.00·1.62% markup
1.6% markup
↓ 0.1% over 7dAvg: 19.92 MXN (-0.3% vs avg)Range: 19.87–19.96
11
0-6 days1.62% markup
1.6% markup
↓ 0.1% over 7dAvg: 19.92 MXN (-0.3% vs avg)Range: 19.87–19.96
19.8846
€3.00
MX$19,824.93
Rate 20.2181·Fee €20.00
↓ 3.2% over 51dAvg: 20.37 MXN (-0.7% vs avg)Range: 20.12–20.88
12
20.2181
€20.00
MX$19,813.72
Rate 19.7512·Fee €2.99·2.28% markup
↓ 3.2% over 53dAvg: 18.00 MXN (+9.7% vs avg)Range: 17.40–20.41
13
Minutes to 3 days2.28% markup
↓ 3.2% over 53dAvg: 18.00 MXN (+9.7% vs avg)Range: 17.40–20.41
19.7512
€2.99
MX$19,692.13
Rate 19.9129·Fee €15.00·1.48% markup
↓ 3.0% over 48dAvg: 20.08 MXN (-0.8% vs avg)Range: 19.83–20.54
14
1-3 business days1.48% markup
↓ 3.0% over 48dAvg: 20.08 MXN (-0.8% vs avg)Range: 19.83–20.54
19.9129
€15.00
MX$19,614.19
Rate 19.7249·Fee €5.99·2.41% markup
↓ 3.0% over 51dAvg: 19.96 MXN (-1.2% vs avg)Range: 19.54–20.40
15
Minutes to 3 days2.41% markup
↓ 3.0% over 51dAvg: 19.96 MXN (-1.2% vs avg)Range: 19.54–20.40
19.7249
€5.99
MX$19,606.76
Rate 19.7936·Fee €10.00·2.07% markup
Rate 19.9432·Fee €36.55·1.33% markup
↓ 3.0% over 48dAvg: 20.07 MXN (-0.6% vs avg)Range: 19.80–20.57
17
2-4 business days1.33% markup
↓ 3.0% over 48dAvg: 20.07 MXN (-0.6% vs avg)Range: 19.80–20.57
19.9432
€36.55
MX$19,214.28
Rate 19.2055·Fee €3.99·4.98% markup
↓ 2.7% over 51dAvg: 19.42 MXN (-1.1% vs avg)Range: 19.15–19.79
18
19.2055
€3.99
MX$19,128.83
Rate 20.0503·Fee Free·0.80% markup
Potential savings: Choosing the best provider over the most expensive saves your recipient MX$10.53 on a €1,000 transfer.
Some links on this page are affiliate links. We may earn a commission at no extra cost to you. This does not affect our rankings, which are based on real transfer data. Editorial policy
Looking for cheap money transfers from Germany to Mexico? We compare exchange rates, fees, and delivery times from every major provider to help you save on every transfer.
German expats and immigrants regularly send money to Mexico. The cost difference between providers can be significant — banks typically charge 3–5% in hidden exchange rate markups, while specialist services like Wise, Remitly, and WorldRemit offer rates much closer to the mid-market rate. Our comparison shows the total MXN received from each provider after all fees and markups.
Which provider offers the best EUR to MXN rate?
Remitly
4.6Exchange rate
20.1009
Fee
€1.99
Recipient gets
MX$20,060.85
Speed
Minutes to 3-5 days
Which provider is best for each transfer type?
Different providers excel at different things. Here's who's best for each use case on the Germany to Mexico route.
Cheapest transfer
Remitly
Delivers the most MXN for your money
Fastest transfer
Remitly
Delivers in Minutes to 3-5 days
Cash pickup
Remitly
Widest cash pickup network
Bank transfer
Remitly
Best rate for bank deposit to Mexico
How to send money to Mexico
Sending money to Mexico is straightforward with the right provider. Here's how it works in 3 simple steps.
Step 1
Enter your transfer details
Choose how much EUR you want to send, compare providers above, and pick the one offering the best MXN amount for your transfer to Mexico.
Step 2
Add your recipient
Enter your recipient's details in Mexico — you'll need their clabe number. Most providers verify details instantly.
Step 3
Send & track your transfer
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — spei bank transfer typically takes minutes.
What you need to send money to Mexico
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's full legal name as registered with their bank
CLABE number
18-digit Clave Bancaria Estandarizada — Mexico's standardized bank account number for interbank transfers
Example: 032180000118359719
Bank name
Name of the receiving bank (e.g. BBVA, Banorte, Santander, Banamex)
Debit card number
Optional16-digit debit card number (alternative to CLABE for some providers)
Note: Mexico uses CLABE (Clave Bancaria Estandarizada) instead of IBAN. Every Mexican bank account has an 18-digit CLABE number used for domestic and international transfers via SPEI. Your recipient can find their CLABE on their bank statement or mobile banking app.
Transfer examples: EUR to MXN
See how much your recipient would get for common transfer amounts.
Send €500
ProviderFeeReceives
Wise
20.21 · 2 min
Monese
20.22 · 1-3 business days
Revolut
20.10 · 0-1 days
Skrill
20.05 · Instant to 3 business days
TapTap Send
20.03 · Under 3 minutes (95% of transfers)
Remitly
20.10 · Minutes to 3-5 days
ProviderFeeRateReceivesSpeed
Wise€1.7120.21MX$10,0702 min
Monese€3.0020.22MX$10,0481-3 business days
Revolut€0.3020.10MX$10,0430-1 days
SkrillFree20.05MX$10,025Instant to 3 business days
TapTap SendFree20.03MX$10,015Under 3 minutes (95% of transfers)
Remitly€1.9920.10MX$10,010Minutes to 3-5 days
Send €1,000
ProviderFeeReceives
Remitly
20.10 · Minutes to 3-5 days
Wise
20.21 · 2 min
Revolut
20.11 · 0-1 days
Sendwave
20.09 · Instant
Skrill
20.05 · Instant to 3 business days
TapTap Send
20.03 · Under 3 minutes (95% of transfers)
ProviderFeeRateReceivesSpeed
Remitly€1.9920.10MX$20,061Minutes to 3-5 days
Wise€7.5220.21MX$20,0582 min
Revolut€3.0020.11MX$20,0550-1 days
Sendwave€1.9920.09MX$20,053Instant
SkrillFree20.05MX$20,050Instant to 3 business days
TapTap SendFree20.03MX$20,030Under 3 minutes (95% of transfers)
Send €5,000
ProviderFeeReceives
Monese
20.22 · 1-3 business days
Wise
20.21 · 2 min
Revolut
20.10 · 0-1 days
Remitly
20.10 · Minutes to 3-5 days
Sendwave
20.09 · Instant
Skrill
20.05 · Instant to 3 business days
ProviderFeeRateReceivesSpeed
Monese€3.0020.22MX$101,0301-3 business days
Wise€1.7120.21MX$101,0152 min
Revolut€0.3020.10MX$100,4880-1 days
Remitly€1.9920.10MX$100,464Minutes to 3-5 days
Sendwave€1.9920.09MX$100,424Instant
SkrillFree20.05MX$100,252Instant to 3 business days
How much does it cost to send money from Germany to Mexico?
Transfer fees from Germany to Mexico vary by provider. Specialist services charge €0–10 per transfer, while banks charge €25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total MXN your recipient receives, not just the advertised fee.
Understanding the total cost
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically €0–€10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (20.2120).
Ways to send money to Mexico
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
SPEI (Sistema de Pagos Electrónicos Interbancarios) is Mexico's instant payment network and the gold standard for receiving money. If your recipient has a bank account, SPEI delivery is almost always the fastest and cheapest option.
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
Credit Card
Higher costSpeed: Minutes to hours
Fastest option but highest fees — card issuer may charge cash advance fee
Apple Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Google Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Cash
Medium costSpeed: Varies
Pay cash at an agent location — available at select providers
How can my recipient receive money in Mexico?
Your recipient in Mexico can receive money through these delivery methods. The best option depends on their location and preferences.
SPEI Bank Transfer
Minutes
Mexico's real-time interbank payment system delivers to any Mexican bank account almost instantly. The fastest and usually cheapest option.
WiseRemitlyXoom (PayPal)WorldRemit+1 more
Cash Pickup at OXXO
Minutes
Recipient collects cash at any of 20,000+ OXXO convenience stores across Mexico — open long hours, located on virtually every block in Mexican cities.
RemitlyWestern Union
Cash Pickup at Agents
Minutes
Collect cash at Elektra stores, bank branches, and other partner locations.
Western UnionMoneyGramRia Money Transfer
Debit Card Deposit
Minutes to hours
Direct deposit to a Mexican debit card. Some providers support Visa/Mastercard debit cards issued by Mexican banks.
RemitlyXoom (PayPal)
Home Delivery
1–2 days
Cash delivered to the recipient's address in select Mexican cities.
Western Union
What are the transfer limits and regulations for Mexico?
Important rules and requirements to know before sending money to Mexico.
Regulatory body
Comisión Nacional Bancaria y de Valores (CNBV) / Banco de México
Inbound transfer limits
No restriction on incoming remittances — Mexico is the world's second-largest remittance recipient
Documentation you may need
- Government-issued photo ID (passport, driver's license, or state ID)
- Social Security Number (for US senders)
- Proof of relationship to recipient (for some providers on large transfers)
Important things to know
- Cash pickups in Mexico require a valid Mexican government ID (INE/IFE or passport) from the recipient.
- Cash transactions over $300 USD equivalent require additional ID documentation under Mexican anti-money-laundering rules.
- Mexico's SPEI network operates 24/7 — transfers can arrive even on weekends and holidays.
- Some providers route via SWIFT instead of SPEI, resulting in 1–3 day delays — always confirm your provider uses SPEI for bank deposits.
How long does it take to send money to Mexico?
Most transfers from Germany to Mexico arrive within 1–2 business days with specialist providers. Bank wires take 3–5 business days. Some providers offer instant or same-day delivery to Mexico for a small premium.
FastExpress delivery
- RemitlyMinutes to 3-5 days
- SendwaveInstant
- SkrillInstant to 3 business days
- TapTap SendUnder 3 minutes (95% of transfers)
- WorldRemitMinutes to 3 days
Standard delivery
- Wise2 min
- Revolut0-1 days
- XE0-3 days
- Paysend2 days
- CurrencyFair0-6 days
Popular banks in Mexico
These are the most commonly used banks for receiving international transfers in Mexico.
BankSWIFT/BICNotes
BBVA México
BCMRMXMMXXX
Banorte
MENOMXMTXXX
Santander México
BMSXMXMMXXX
Citibanamex
ABORINMXXXX
HSBC México
BIMEMXMMXXX
Scotiabank México
MBCOMXMMXXX
EUR to MXN Exchange Rate History
Daily best exchange rates from top providers over the last 53 days. Rates shown are for sending $100.
| Date | Xoom (PayPal) | Wise | __mid Market__ | Skrill | Monese |
|---|---|---|---|---|---|
| Trend | |||||
| May 20 | 19.7505 | 20.2093 | 19.7240 | 20.0505 | 20.2173✓ |
| May 19 | 19.6795 | 20.1342✓ | 19.7581 | 19.9619 | 20.1263 |
| May 18 | 19.7006 | 20.1551✓ | 19.7790 | 19.9823 | 20.1440 |
| May 17 | 19.6994 | 20.1479✓ | 19.7727 | 19.9871 | 20.1215 |
| May 16 | 19.6994 | 20.1479✓ | 19.5447 | 19.9871 | 20.1215 |
| May 15 | 19.6664 | 20.1291 | 19.7765 | 19.9679 | 20.1305✓ |
| May 14 | 19.6849 | 20.1456 | 19.8452 | 19.9993 | 20.1528✓ |
| May 13 | 17.4315 | 20.2127✓ | 20.1020 | 20.0397 | 20.2055 |
| May 12 | 17.4490 | 20.2511✓ | 19.8508 | 20.0860 | 20.2453 |
| May 11 | 17.4451 | 20.2501✓ | 19.9849 | 20.0780 | 20.2471 |
| May 10 | 17.4038 | 20.2481✓ | 19.8156 | 20.0725 | 20.2175 |
| May 9 | 17.4038 | 20.2481✓ | 19.9510 | 20.0725 | 20.2175 |
| May 8 | 17.5011 | 20.2768✓ | 19.3402 | 20.1079 | 20.2696 |
| May 7 | 17.4681 | 20.2655✓ | 19.9679 | 20.0993 | 20.2598 |
| May 6 | 17.5243 | 20.3002✓ | 20.0044 | 20.1335 | 20.2917 |
| May 5 | 17.7499 | 20.4769✓ | 20.4769✓ | — | — |
| May 4 | 17.6594 | 20.4518✓ | 20.4518✓ | — | — |
| May 3 | 17.6754 | 20.4625✓ | 19.5398 | 20.2877 | 20.4240 |
| May 2 | 17.6754 | 20.4625✓ | 20.2877 | 20.2877 | 20.4240 |
| May 1 | 17.6914 | 20.4838✓ | 20.3839 | 20.3190 | 20.4785 |
| Apr 30 | 17.7922 | 20.4747✓ | 17.7922 | 20.3020 | 20.4722 |
| Apr 29 | 17.6174 | 20.3703✓ | 20.3664 | 20.2006 | 20.3664 |
| Apr 28 | 17.6037 | 20.3687✓ | 19.9968 | 20.1903 | 20.3661 |
| Apr 27 | 17.5989 | 20.3686✓ | 20.0477 | 20.1845 | 20.3489 |
| Apr 26 | 17.6006 | 20.3808✓ | 20.0627 | 20.1997 | 20.3451 |
| Apr 25 | 17.6006 | 20.3808✓ | 20.0857 | 20.1995 | 20.3451 |
| Apr 24 | 17.6525 | 20.3588 | 19.4081 | 20.1903 | 20.3622✓ |
| Apr 23 | 17.5797 | 20.3063✓ | 20.1959 | 20.1296 | 20.3038 |
| Apr 22 | 17.5330 | 20.3413✓ | 20.0854 | 20.1696 | 20.3266 |
| Apr 21 | 17.5169 | 20.3864✓ | 20.2863 | 20.2104 | 20.3787 |
| Apr 20 | 17.5590 | 20.3866✓ | 20.1338 | 20.1962 | 20.3672 |
| Apr 19 | 17.5269 | 20.3685✓ | 20.1161 | 20.1952 | 20.3537 |
| Apr 18 | 17.5269 | 20.3685✓ | 20.0816 | 20.1952 | 20.3537 |
| Apr 17 | 17.4633 | 20.3146✓ | 20.0190 | 20.1402 | 20.3075 |
| Apr 16 | 17.4601 | 20.3461✓ | 17.4601 | 20.1754 | 20.3415 |
| Apr 15 | 17.4812 | 20.3517✓ | 20.0724 | 20.1741 | 20.3393 |
| Apr 14 | 17.5212 | 20.3590✓ | 20.1036 | 20.1887 | 20.3503 |
| Apr 13 | 17.6188 | 20.3473✓ | 19.9392 | 20.1612 | 20.3309 |
| Apr 12 | 17.5220 | 20.2872✓ | 20.0332 | 20.1100 | 20.2626 |
| Apr 11 | 17.5220 | 20.2872✓ | 19.9422 | 20.1100 | 20.2626 |
| Apr 10 | 17.6003 | 20.3064✓ | 19.3583 | 20.1322 | 20.2985 |
| Apr 9 | 17.6860 | 20.3514 | 20.0995 | 20.1880 | 20.3527✓ |
| Apr 8 | 17.7647 | 20.4856✓ | 19.5590 | 20.3097 | 20.4834 |
| Apr 7 | 18.0069 | 20.5066✓ | 20.2520 | 20.3330 | 20.5016 |
| Apr 6 | 18.0657 | 20.5420✓ | 20.1807 | 20.3447 | 20.5204 |
| Apr 5 | 18.1205 | 20.5939✓ | 18.1205 | 20.4458 | 20.5474 |
| Apr 4 | 18.1205 | 20.5939✓ | 19.6498 | 20.4458 | 20.5474 |
| Apr 3 | 18.0856 | 20.5831 | 20.3386 | 20.4200 | 20.5862✓ |
| Apr 2 | 18.0639 | 20.6014✓ | 20.1264 | 20.4207 | 20.5883 |
| Apr 1 | 18.1349 | 20.6772✓ | 20.4725 | 20.5145 | 20.6718 |
| Mar 31 | 18.3438 | 20.7173✓ | 20.4532 | 20.5376 | 20.7130 |
| Mar 30 | 18.3210 | 20.7687✓ | 19.7328 | 20.6013 | 20.7636 |
| Mar 29 | 20.4104 | 20.8373 | 20.5780 | 20.6875 | 20.8795✓ |
Common questions about sending money from Germany to Mexico
What is the cheapest way to send money from Germany to Mexico?
The cheapest option changes daily based on exchange rates. Use our comparison table above to see today's rates from every provider. Specialist services like Wise, Remitly, and OFX consistently offer better value than banks.
How long does it take to send money from Germany to Mexico?
Most specialist providers deliver to Mexico within 1–2 business days. Some offer instant delivery for certain payment methods. Bank wires typically take 3–5 business days.
How much does it cost to send €1,000 from Germany to Mexico?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much MXN your recipient would receive from a €1,000 transfer today.
Can I send money from Germany to Mexico online?
Yes, all the providers we compare support online transfers from Germany to Mexico. Most also offer mobile apps. You can typically pay by bank transfer, debit card, or credit card.
Is it better to use a bank or a money transfer service to send money to Mexico?
Money transfer services are almost always cheaper. Banks typically charge €25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge €0–10 with markups under 1%, saving you significantly on every transfer to Mexico.
Everything about sending money to Mexico
Recipient requirements, delivery methods, regulations, popular banks, and more.
Other routes to Mexico
Popular corridors
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