Key Currency is the best and cheapest service overall. On €7,000 you will get 141,192.48 MXN after fees and the exchange rate.
We’ve compared 13 money transfer companies in more detail below.
| 13 of 13 providers Last updated on 28 September 2026 | |||
| Based on 7,000 EUR transfer Best companies for EUR/MXN transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee €46.27 1 EUR = 20.2185 MXN +0.01% vs mid-market | Recipient gets $140,593.99 Within minutes | |
Ways to receive money in Mexico with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €46.271 EUR = 20.2185 MXN $140,593.99You pay€7,000.00 | |||
| Promoted  Xe Pay via Debit card | Fee €0.00 1 EUR = 19.9616 MXN +1.29% vs mid-market | Recipient gets $139,731.20 Minutes - 24 hours | |
Ways to receive money in Mexico with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 19.9616 MXN $139,731.20You pay€7,000.00 | |||
Run a live search Showing top Germany to Mexico deals for 7,000 EUR. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live EUR to MXN rates. | |||
Run a live search These companies offer multi-currency accounts for spending MXN. We suggest doing a live search based on how much EUR you're planning to spend in Mexico. | |||
Run a live search These are managed services with real human support for large EUR transfers. Click the link and update the transfer amount to get the best deal. | |||
| Exclusive: Special Rate for 1st Transfer  Key Currency Pay via Bank transfer | Fee €0.00 1 EUR = 20.1704 MXN +0.25% vs mid-market | Recipient gets $141,192.48 Minutes - 3 days | |
Ways to receive money in Mexico with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 EUR = 20.1704 MXN $141,192.48You pay€7,000.00 | |||
| Exclusive: First Transfer Deal  Regency FX Pay via Bank transfer | Fee €0.00 1 EUR = 20.1663 MXN +0.27% vs mid-market | Recipient gets $141,164.17 Minutes - 24 hours | |
Ways to receive money in Mexico with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 20.1663 MXN $141,164.17You pay€7,000.00 | |||
 TorFx Pay via Bank transfer | Fee €0.00 1 EUR = 20.1602 MXN +0.30% vs mid-market | Recipient gets $141,121.70 Minutes - 24 hours | |
Ways to receive money in Mexico with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 20.1602 MXN $141,121.70You pay€7,000.00 | |||
 OFX Pay via Bank transfer | Fee €0.00 1 EUR = 20.1198 MXN +0.50% vs mid-market | Recipient gets $140,838.61 Minutes - 24 hours | |
Ways to receive money in Mexico with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 20.1198 MXN $140,838.61You pay€7,000.00 | |||
 Currencies Direct Pay via Bank transfer | Fee €0.00 1 EUR = 20.0975 MXN +0.61% vs mid-market | Recipient gets $140,682.50 Minutes - 24 hours | |
Ways to receive money in Mexico with Currencies Direct when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 20.0975 MXN $140,682.50You pay€7,000.00 | |||
| Wise Pay via Bank transfer | Fee €46.27 1 EUR = 20.2185 MXN +0.01% vs mid-market | Recipient gets $140,593.99 Within minutes | |
Ways to receive money in Mexico with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €46.271 EUR = 20.2185 MXN $140,593.99You pay€7,000.00 | |||
| $0 fee on first online transfers  MoneyGram Pay via Debit card | Fee €9.99 1 EUR = 20.0674 MXN +0.76% vs mid-market | Recipient gets $140,471.80 Minutes - 24 hours | |
Ways to receive money in Mexico with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Card depositMinutes - 24 hoursAvailable via:Bank Debit Card €9.991 EUR = 20.0674 MXN $140,471.80You pay€7,009.99 Bank depositMinutes - 24 hoursAvailable via:Banco Azteca, BanCoppel, All Banks, Banorte, Citibanamex+3 more €9.991 EUR = 19.7847 MXN $138,492.90You pay€7,009.99 Cash pickupMinutes - 24 hours €9.991 EUR = 19.7847 MXN $138,492.90You pay€7,009.99 Mobile walletMinutes - 24 hoursAvailable via:Mercado Pago, Spin By OXXO €9.991 EUR = 19.7847 MXN $138,492.90You pay€7,009.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit card | Fee €9.99 1 EUR = 20.0674 MXN +0.76% vs mid-market | Recipient gets $140,471.80 Minutes - 24 hours | |
Ways to receive money in Mexico with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Card depositMinutes - 24 hoursAvailable via:Bank Debit Card €9.991 EUR = 20.0674 MXN $140,471.80You pay€7,009.99 Bank depositMinutes - 24 hoursAvailable via:Banco Azteca, BanCoppel, All Banks, Banorte, Citibanamex+3 more €9.991 EUR = 19.7847 MXN $138,492.90You pay€7,009.99 Cash pickupMinutes - 24 hours €9.991 EUR = 19.7847 MXN $138,492.90You pay€7,009.99 Mobile walletMinutes - 24 hoursAvailable via:Mercado Pago, Spin By OXXO €9.991 EUR = 19.7847 MXN $138,492.90You pay€7,009.99 | |||
| Wise Pay via iDEAL/WERO | Fee €56.37 1 EUR = 20.2185 MXN +0.01% vs mid-market | Recipient gets $140,389.78 Within minutes | |
Ways to receive money in Mexico with Wise when paying by ideal/wero. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €56.371 EUR = 20.2185 MXN $140,389.78You pay€7,000.00 | |||
 TapTap Send Pay via Debit card | Fee €0.00 1 EUR = 20.0200 MXN +1.00% vs mid-market | Recipient gets $140,140.00 Minutes | |
Ways to receive money in Mexico with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 EUR = 20.0200 MXN $140,140.00You pay€7,000.00 Cash pickupMinutesAvailable via:7-Eleven, Bank Pickup, Bodega Aurrera, Chedraui, Coppel+5 more Free1 EUR = 20.0200 MXN $140,140.00You pay€7,000.00 Mobile moneyMinutesAvailable via:Elektra Free1 EUR = 20.0200 MXN $140,140.00You pay€7,000.00 Mobile walletMinutesAvailable via:Spin by Oxxo Free1 EUR = 20.0200 MXN $140,140.00You pay€7,000.00 Card depositMinutesAvailable via:Pay To Card €4.271 EUR = 20.0200 MXN $140,140.00You pay€7,004.27 | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Bank transfer | Fee €40.50 1 EUR = 20.1360 MXN +0.42% vs mid-market | Recipient gets $140,136.31 Within minutes | |
Ways to receive money in Mexico with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes €40.501 EUR = 20.1360 MXN $140,136.31You pay€7,000.00 | |||
| US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details. | |||
| Xe Pay via Debit card | Fee €0.00 1 EUR = 19.9616 MXN +1.29% vs mid-market | Recipient gets $139,731.20 Minutes - 24 hours | |
Ways to receive money in Mexico with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 19.9616 MXN $139,731.20You pay€7,000.00 | |||
| Xe Pay via Bank transfer | Fee €0.00 1 EUR = 19.9616 MXN +1.29% vs mid-market | Recipient gets $139,731.20 Minutes - 24 hours | |
Ways to receive money in Mexico with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 19.9616 MXN $139,731.20You pay€7,000.00 | |||
| Xe Pay via Credit card | Fee €0.00 1 EUR = 19.9616 MXN +1.29% vs mid-market | Recipient gets $139,731.20 Minutes - 24 hours | |
Ways to receive money in Mexico with Xe when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 19.9616 MXN $139,731.20You pay€7,000.00 | |||
| Only available via Mobile App  WorldRemit Pay via Debit card | Fee €0.99 1 EUR = 19.9520 MXN +1.34% vs mid-market | Recipient gets $139,643.97 Minutes - 2 days | |
Ways to receive money in Mexico with WorldRemit when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days €0.991 EUR = 19.9520 MXN $139,643.97You pay€7,000.00 Cash pickupMinutes - 2 days €1.991 EUR = 19.7095 MXN $137,927.28You pay€7,000.00 | |||
 Moneycorp Pay via Bank transfer | Fee €0.00 1 EUR = 19.9378 MXN +1.40% vs mid-market | Recipient gets $139,564.69 Minutes - 2 days | |
Ways to receive money in Mexico with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 EUR = 19.9378 MXN $139,564.69You pay€7,000.00 | |||
| Wise Pay via Debit card | Fee €101.11 1 EUR = 20.2185 MXN +0.01% vs mid-market | Recipient gets $139,485.21 Within minutes | |
Ways to receive money in Mexico with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €101.111 EUR = 20.2185 MXN $139,485.21You pay€7,000.00 | |||
 CurrencyFair Pay via Bank transfer | Fee €2.95 1 EUR = 19.9107 MXN +1.55% vs mid-market | Recipient gets $139,315.17 Minutes - 24 hours | |
Ways to receive money in Mexico with CurrencyFair when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours €2.951 EUR = 19.9107 MXN $139,315.17You pay€7,000.00 | |||
| Wise Pay via Credit card | Fee €143.02 1 EUR = 20.2185 MXN +0.01% vs mid-market | Recipient gets $138,637.85 Within minutes | |
Ways to receive money in Mexico with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €143.021 EUR = 20.2185 MXN $138,637.85You pay€7,000.00 | |||
| $0 fee on first online transfers MoneyGram Pay via Bank transfer | Fee €9.99 1 EUR = 19.7847 MXN +2.18% vs mid-market | Recipient gets $138,492.90 Minutes - 24 hours | |
Ways to receive money in Mexico with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hoursAvailable via:BBVA Bancomer, Banco Azteca, BanCoppel, All Banks, Banorte+3 more €9.991 EUR = 19.7847 MXN $138,492.90You pay€7,009.99 Mobile walletMinutes - 24 hoursAvailable via:Spin By OXXO, Mercado Pago €9.991 EUR = 19.7847 MXN $138,492.90You pay€7,009.99 Cash pickupMinutes - 24 hours €9.991 EUR = 19.7847 MXN $138,492.90You pay€7,009.99 | |||
| How Our Results Work Mid-market rate: 1 EUR = 20.2209 MXN Updates every 60 minutes. | |||
Transfer details
For a one-off transfer from Germany, I suggest picking the cheapest option which is Key Currency.
On a 7,000 EUR transfer, Key Currency delivers the most MXN.
This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/MXN rate.
You have 4 ways to pay, including bank transfer, debit card, credit card, and ideal.
First time round you'll need a photo ID and proof of your German address.
Video identification is also normal and takes a few minutes.
There are 13 companies for sending money from Germany to Mexico, across broker, app, online, multi-currency account, global account, and in person, and more below.
Fastest and easiest way
Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.
Sending €7,000 with Wise to Mexico gets you 140,593.99 MXN with a €46.27 fee and 0.01% markup.
Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.
For paying in cash at a counter
There's no legal limit on how much you can send, so the counter in the kiosk, the callshop or the grocery store is still a popular way to send money internationally.
Deposit €7,000 to MoneyGram online, and choose cash pickup as delivery option. Once you pay, it should be available in minutes.
In general, online transfers are cheaper than sending cash to Mexico.
For large transfers from Germany
For buying property, moving to Mexico, or moving pensions, a currency broker is the best option.
A broker like Key Currency charges no fee and works on a margin. It adds 0.25% on EUR/MXN which gets negotiated the more you send.
And you get an account manager to help you through the process.
For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.
For making business payments
Global accounts are for businesses making payments to Mexico.
Be it overseas suppliers and contractors, receiving MXN payments, or holding MXN and EUR in one business account.
Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.
For spending & receiving
A multi-currency account lets you hold EUR and MXN in one account.
You get MXN bank details, and can receive international payments like rent, dividends, family payments without additional conversions.
You can convert MXN to EUR or EUR to MXN whenever you need.
The best multi currency account is Currencies Direct, it adds ~0.61% markup and charges small fees.
With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 141,192.48 MXN.
You can pay for the transfer using bank transfer, debit card, credit card, and ideal.
Using German bank
A SEPA bank transfer is usually the cheapest way to deposit EUR.
An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to Mexico.
The recipient in Mexico can receive MXN by bank deposit, cash pickup, card deposit, mobile wallet, and mobile money.
To receive MXN by bank deposit
Enter the recipient's banking details and account holders name.
Check both before sending because correcting a bank deposit will delay the transfer.
They can receive cash in Mexico
For cash pickup, the recipient needs to visit the nearest MoneyGram branch and bring a valid photo ID and the transfer reference number.
You pay €7,000.00
$141,192
Cheapest
You pay €7,009.99
$140,472
-$721
You pay €7,009.99
$140,472
-$721
You pay €7,000.00
$140,390
-$803
You pay €7,000.00
$140,140
-$1,052
You pay €7,000.00
$140,140
-$1,052
You pay €7,000.00
$140,140
-$1,052
You pay €7,000.00
$140,140
-$1,052
You pay €7,000.00
$139,731
-$1,461
You pay €7,009.99
$138,493
-$2,700
You pay €7,009.99
$138,493
-$2,700
You pay €7,009.99
$138,493
-$2,700
You pay €7,009.99
$138,493
-$2,700
The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.
For a €7,000 transfer to Mexico, these are the best options:
Cheapest way to send money to Mexico
The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 141,192.48 MXN, which is 0.02% more than the next best option.
Fastest way to send money to Mexico
The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 140,136.31 MXN in innerhalb von minuten.
Germany's AWV reporting threshold is €50,000.
A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.
It is a statistics report, not a tax or permission request.
Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.
The automated AWV notice shown by a bank does not mean every transfer is reportable.
The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.
If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.
A payment converted into MXN sits outside that pricing rule and may involve another bank or payout partner.
Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.
This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.
The EUR/MXN rate can move noticeably within a week, changing the amount your recipient gets in MXN.
Mid-market rate:1 EUR = 20.275149 MXN
Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.
We then track 13 of them on EUR to Mexico, comparing rates, fees and the pay-in and payout options.
More on who we are, why you can trust us and how to get started.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
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