Companies for transfers to Mexico

Sponsored - Online

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%
Sponsored - Managed Service

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%

"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."

Fees
$1.99 - $2.99
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.8% - 3%

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."

Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
1% - 2%

"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
2 - 3%

"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."

Fees
£/€/$3 - 5
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 2%

"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."

Fees
$1 - $10
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
2 - 3%

"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 3%

"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."

Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.5% - 2%
Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.7% - 2%

Overall best choice: Wise

Wise is our top pick for CAD to MXN transfers.

We tested & reviewed dozens of money transfer providers, and Wise scored highly.

Wise appeared in 98.1% of Canada to Mexico searches, and was the top rated company out of 18 that support CAD to MXN.

So for a great mix of cost, speed & features, make your Canada to Mexico transfer using Wise.

Screenshot

How to get the best deal on your Canada to Mexico transfer

Summary of recent searches

Top rated for transfers from Canada to Mexico
Wise
Total number of CA - MX providers
18
Average cheapest fees & rate
Remitbee
Average fastest transfer
Paysend
Average transfer time
Within minutes
Best for bank transfers
Remitbee
Best for debit card
Wise
Best for credit card
Xe

Understanding Canada to Mexico money transfers

1
Compare providers

Comparing providers when sending money from Canada to Mexico is the easiest way to make a transfer at the best price.

We’ve compared 18 providers for sending Canadian Dollar to Mexico. This ensures you will get the best options for your transfer to Mexico from Canada.

We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Canada to Mexico.

2
Get ahead of the Canadian Dollar-Mexican Peso exchange rate
3
Choosing the right payment method
4
Financial regulators in Canada and Mexico
5
Consider transfer limits
6
Receiving money in Mexico
7
Have your ID ready
8
Tax declarations

Cheapest way to transfer money to Mexico from Canada: Remitbee

Remitbee offers a combination of the lowest fees and best exchange rates - making it the cheapest transfer service for sending Canadian Dollar to Mexico.

Of the 18 providers compared, data shows that Remitbee is 0.1% cheaper than the second-best option.

The is cost is made up of an average CAD-MXN exchange rate that is 0.7% different to the mid-market rate and an average fee of 0* CAD.

If you want to secure the best rates on a CAD to Mexico transfer, Remitbee will result in the most Mexican Peso received.

*The most common fee applied to CAD-MXN by Remitbee, based on data from the past six months.

Fastest way to send money from Canada to Mexico: Paysend

Need to send money fast? Pick Paysend and get your funds from Canada to Mexico at speed.

Our data shows that Paysend came up as the fastest way to send money from Canada to Mexico in 42.9% of searches. This makes them well suited to urgent CAD to MXN money transfers.

The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Mexico - this includes deposit, transfer and withdrawal timeframes and often differs per currency. 


When speed matters, Paysend is your best choice at the moment. This service emerged as the quickest way to send money to Mexico from Canada in 42.9% of the searches on MoneyTransfers.com over the past six months.

Transfer a large amount of money

For transferring bigger sums of money to Mexico from Canada, opt for a provider with a competitive exchange rate and strong account management.

Wise is the best rated company for sending large amounts of Mexican Peso to Mexico out of
18 companies offering the service.

Whether for a property purchase, or for business, sending large amounts of money to Mexico from Canada has the potential to be very expensive.

Wise is our choice for big transfers to CAD because of all round price, speed and management when making large transfers.

Understanding the costs involved when moving money from Canada to Mexico

When calculating the costs of money transfers between Canada and Mexico, here's what really matters:

The Mid-Market Rate: Today, the CAD-MXN mid-market rate equals 14.1706 MXN per Canadian Dollar.

The CAD-MXN average exchange rate for the past three months has been 14.0521 MXN per Canadian Dollar, with a high of 14.7581 and a low of 12.9133.

When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to MXN.

How to find the best exchange rate for Canada to Mexico

Timing is essential for sending money between CAD and MXN. The exchange rate you secure impacts how much MXN you get for your CAD.

Mid-market Rate
1
= 14.170631 MXN

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from CAD to MXN has seen some fluctuation. On average, it stood at 14.0521.

  • During this period, the highest value recorded was 14.7581, while the lowest was 12.9133.

  • Wise, which is our recommended service to send money online from Canada to Mexico offers an exchange rate that is only 0% above the mid-market rate.

Want to secure the best CAD-Mexican Peso exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Mexico!

Payment methods available to fund your Canada to
Mexico transfer

  • Bank transfers

    Bank transfers are often the default option for sending money from Canada to Mexico.

    By using a money transfer company such as Remitbee for transfers from Canada to Mexico, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    On average, Remitbee is the cheapest provider for bank transfers from the 18 we tested when sending CAD to Mexico.

    With an average fee of CAD0 to send money from Canada to Mexico, Remitbee offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Canada to Mexico with a debit or a prepaid card is very simple with Wise.


    Wise is a leader in debit card payments for transfers from Canada to Mexico, competing among a total of 18 active money transfer companies on this route.

  • Credit card

    When it comes to credit card transfers from Canada to Mexico, Xe emerges as our top choice of the 18 companies offering this service.

    Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Mexico and Canada.


Our comparison engine and algorithms evaluate providers based on over 25 factors.

We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.

This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Mexico.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to MXN.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

FAQs

How much money can be transferred from Canada to Mexico?
Are there any tax implications to sending money from Canada to Mexico?
Can I send money from Canada to Mexico with MoneyTransfers.com?
What are the typical transfer fees for sending Canadian Dollars to Mexico through various providers?
How long does it take to send money from Canada to Mexico?
What is the best exchange rate I can get for sending money from Canada to Mexico?
Are there any minimum or maximum transfer amounts for sending money from Canada to Mexico?
Can I schedule regular transfers between Canada and Mexico?