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Send money from United States to Mexico (USD → MXN)
USD
MXN|Mid-market rate: 17.9494Mexico is the second-largest remittance market in the world, receiving over $63 billion in 2025 — the vast majority from the United States. Competition among providers on this corridor keeps costs low.
The USD to MXN corridor benefits from intense competition and proximity between the two countries. Many providers offer same-day delivery, and fees are among the lowest of any remittance corridor. The key differentiator is usually the exchange rate markup — even a 0.5% difference means 80–100 extra pesos per $1,000.
Compare providers: USD to MXN
Sending $1,000 from United States to Mexico. Sorted by best value — most money received.
#ProviderRateFeeRecipient gets
1
Xoom (PayPal)Best value
2 days
18.1217
Free
MX$18,121.71
2
Western Union
Minutes
17.9494
Free
MX$17,949.40
3
Remitly
CASH_PICKUP
17.9494
Free
MX$17,949.40
4
Ria Money Transfer
1-3 business days
17.9494
Free
MX$17,949.40
5
XE
1-4 business days
17.9494
Free
MX$17,949.40
6
TapTap Send
Minutes to 1 business day
17.9494
Free
MX$17,949.40
7
InstaReM
1-3 business days0.15% markup
17.9225
Free
MX$17,922.47
8
WorldRemit
Minutes to 3 days
17.9494
$1.99
MX$17,913.68
9
TorFX
1-3 business days0.60% markup
17.8417
Free
MX$17,841.70
10
Sendwave
Instant0.61% markup
17.8399
Free
MX$17,839.91
11
ACE Money Transfer
Minutes to 2 days0.60% markup
17.8417
$2.99
MX$17,788.35
12
Wise
1-2 business days
17.9494
$12.95
MX$17,716.95
13
Paysend
2 days1.25% markup
17.7250
$0.99
MX$17,707.48
14
BOSS Money
Instant1.67% markup
17.6496
Free
MX$17,649.64
15
MoneyGram
0-1 days0.73% markup
17.8184
$10.00
MX$17,640.18
16
Revolut
0-1 days0.66% markup
17.8309
$11.50
MX$17,625.88
17
CurrencyFair
0-6 days2.09% markup
17.5743
$4.00
MX$17,503.96
18
Bank of America
1-3 business days2.56% markup
17.4895
Free
MX$17,489.46
19
Wells Fargo
1-3 business days3.19% markup
17.3773
Free
MX$17,377.33
20
OFX
1-3 business days2.71% markup
17.4630
$5.00
MX$17,375.65
21
PayPal
Instant to 3 days3.50% markup
17.3212
$2.99
MX$17,269.38
22
Chase Bank
1-5 days3.24% markup
17.3678
$60.00
MX$16,325.77
Potential savings: Choosing the best provider over the most expensive saves your recipient MX$1,795.94 on a $1,000 transfer.
Best provider for USD to MXN right now
Xoom (PayPal)
4.7Exchange rate
18.1217
Fee
Free
Recipient gets
MX$18,121.71
Speed
2 days
Best provider for each transfer type
Different providers excel at different things. Here's who's best for each use case on the United States to Mexico route.
💰
Cheapest transfer
Xoom (PayPal)
Delivers the most MXN for your money
⚡
Fastest transfer
Western Union
Delivers in Minutes
🏪
Cash pickup
Xoom (PayPal)
Widest cash pickup network
🏦
Bank transfer
Xoom (PayPal)
Best rate for bank deposit to Mexico
Transfer examples: USD to MXN
See how much your recipient would get for common transfer amounts.
Send $500
ProviderFeeRateReceivesSpeed
Xoom (PayPal)Free18.12MX$9,0612 days
Western UnionFree17.95MX$8,975Minutes
Ria Money TransferFree17.95MX$8,9751-3 business days
TapTap SendFree17.95MX$8,975Minutes to 1 business day
InstaReMFree17.92MX$8,9611-3 business days
WorldRemit$1.9917.95MX$8,939Minutes to 3 days
Send $1,000
ProviderFeeRateReceivesSpeed
Xoom (PayPal)Free18.12MX$18,1222 days
Western UnionFree17.95MX$17,949Minutes
RemitlyFree17.95MX$17,949CASH_PICKUP
Ria Money TransferFree17.95MX$17,9491-3 business days
XEFree17.95MX$17,9491-4 business days
TapTap SendFree17.95MX$17,949Minutes to 1 business day
Send $5,000
ProviderFeeRateReceivesSpeed
Xoom (PayPal)Free18.12MX$90,6092 days
Western UnionFree17.95MX$89,747Minutes
RemitlyFree17.95MX$89,747CASH_PICKUP
Ria Money TransferFree17.95MX$89,7471-3 business days
XEFree17.95MX$89,7471-4 business days
TapTap SendFree17.95MX$89,747Minutes to 1 business day
Fees for sending money from United States to Mexico
This is one of the cheapest corridors to send money on. Several providers charge $0 fees for bank-to-bank transfers. Average fees range from $0 to $4.99. The real cost is in the exchange rate — compare the total amount received, not just the 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 (17.9494).
How long does it take to send money to Mexico?
Bank deposits to Mexican banks (BBVA, Banorte, Santander) typically arrive within minutes to 1 business day. Cash pickup is available at thousands of OXXO stores, Elektra, and bank branches — often within minutes. SPEI transfers are usually same-day.
FastExpress delivery
- Western UnionMinutes
- TapTap SendMinutes to 1 business day
- WorldRemitMinutes to 3 days
- SendwaveInstant
- ACE Money TransferMinutes to 2 days
Standard delivery
- Xoom (PayPal)2 days
- RemitlyCASH_PICKUP
- Ria Money Transfer1-3 business days
- XE1-4 business days
- InstaReM1-3 business days
Frequently asked questions: United States to Mexico transfers
What is the cheapest way to send money from the US to Mexico?
Wise, Remitly, and Xoom (PayPal) typically offer the best total value. Wise charges the mid-market rate with a small fee. Remitly often has zero-fee promotions. Compare on the day you send, as MXN rates change throughout the day.
Can I send money to Mexico instantly?
Yes, several providers offer instant or near-instant delivery via SPEI (Mexico's interbank transfer system) or cash pickup at OXXO and other retail locations. Remitly and Xoom both offer express options.
Do I need a Mexican bank account to receive money?
No. Most providers offer cash pickup at thousands of retail locations across Mexico, including OXXO stores. You can also receive via mobile wallet or home delivery in some areas.
Is there a limit on sending money to Mexico?
Provider limits typically range from $2,999 to $25,000 per transaction. Mexico requires ID for cash pickups over $300 USD equivalent. US reporting requirements apply for transfers over $10,000.
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