How to send money to Mexico from Italy with the best EUR-MXN rate

Key Currency is the cheapest right now for transfers from Italy. Using a bank transfer deposit into a bank deposit will get you 145,075.96 MXN in Mexico.

For speed, Revolut is fastest, with delivery in within minutes.

Best companies for EUR/MXN transfers

13 of 13 providers

Last updated on 28 October 2026

Based on 7,000 EUR transfer

Best companies for EUR/MXN transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €46.27 1 EUR = 20.7772 MXN 0.00% vs mid-market Recipient gets $144,479.04 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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 = 20.7772 MXN
$144,479.04You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 20.5289 MXN +1.20% vs mid-market Recipient gets $143,702.30 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Mexico with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 20.5289 MXN
$143,702.30You pay€7,000.00

Run a live search

Showing top Italy to Mexico deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee €0.00 1 EUR = 20.7251 MXN +0.25% vs mid-market Recipient gets $145,075.96 Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

Ways to receive money in Mexico with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 EUR = 20.7251 MXN
$145,075.96You pay€7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 20.7210 MXN +0.27% vs mid-market Recipient gets $145,046.87 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Mexico with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 20.7210 MXN
$145,046.87You pay€7,000.00

TorFx

Pay via Bank transfer
Fee €0.00 1 EUR = 20.7147 MXN +0.30% vs mid-market Recipient gets $145,003.24 Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Mexico with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 20.7147 MXN
$145,003.24You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 20.6732 MXN +0.50% vs mid-market Recipient gets $144,712.36 Minutes - 24 hours
Personal account managerReceive to bank account

Ways to receive money in Mexico with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 20.6732 MXN
$144,712.36You pay€7,000.00

Currencies Direct

Pay via Bank transfer
Fee €0.00 1 EUR = 20.6562 MXN +0.58% vs mid-market Recipient gets $144,593.40 Minutes - 24 hours
Personal account managerMulti-currency cardReceive to bank account

Ways to receive money in Mexico with Currencies Direct when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 20.6562 MXN
$144,593.40You pay€7,000.00

Wise

Pay via Bank transfer
Fee €46.27 1 EUR = 20.7772 MXN 0.00% vs mid-market Recipient gets $144,479.04 Within minutes
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

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 = 20.7772 MXN
$144,479.04You pay€7,000.00

Wise

Pay via iDEAL
Fee €56.37 1 EUR = 20.7772 MXN 0.00% vs mid-market Recipient gets $144,269.19 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Mexico with Wise when paying by ideal.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€56.371 EUR = 20.7772 MXN
$144,269.19You pay€7,000.00

TapTap Send

Pay via Debit card
Fee €0.00 1 EUR = 20.6000 MXN +0.86% vs mid-market Recipient gets $144,200.00 Minutes
Receive to bank account

Ways to receive money in Mexico with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 EUR = 20.6000 MXN
$144,200.00You pay€7,000.00
Cash pickupMinutesAvailable via:7-Eleven, Bank Pickup, Bodega Aurrera, Chedraui, Coppel+5 more
Free1 EUR = 20.6000 MXN
$144,200.00You pay€7,000.00
Mobile moneyMinutesAvailable via:Elektra
Free1 EUR = 20.6000 MXN
$144,200.00You pay€7,000.00
Mobile walletMinutesAvailable via:Spin by Oxxo
Free1 EUR = 20.6000 MXN
$144,200.00You pay€7,000.00
Card depositMinutesAvailable via:Pay To Card
€4.271 EUR = 20.6000 MXN
$144,200.00You pay€7,004.27

Xe

Pay via Debit card
Fee €0.00 1 EUR = 20.5289 MXN +1.20% vs mid-market Recipient gets $143,702.30 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Mexico with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 20.5289 MXN
$143,702.30You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 20.5289 MXN +1.20% vs mid-market Recipient gets $143,702.30 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Mexico with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 20.5289 MXN
$143,702.30You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 20.5289 MXN +1.20% vs mid-market Recipient gets $143,702.30 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Mexico with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 20.5289 MXN
$143,702.30You pay€7,000.00
Only available via Mobile App

WorldRemit

Pay via Debit card
Fee €1.99 1 EUR = 20.5220 MXN +1.24% vs mid-market Recipient gets $143,612.88 Minutes - 2 days
Receive to bank account or cash pickup

Ways to receive money in Mexico with WorldRemit when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
€1.991 EUR = 20.5220 MXN
$143,612.88You pay€7,000.00
Cash pickupMinutes - 2 days
€1.991 EUR = 20.1646 MXN
$141,112.28You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €60.45 1 EUR = 20.6735 MXN +0.50% vs mid-market Recipient gets $143,464.81 Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in Mexico with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€60.451 EUR = 20.6735 MXN
$143,464.81You 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.

Moneycorp

Pay via Bank transfer
Fee €0.00 1 EUR = 20.4862 MXN +1.40% vs mid-market Recipient gets $143,403.41 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 = 20.4862 MXN
$143,403.41You pay€7,000.00

Wise

Pay via Debit card
Fee €101.11 1 EUR = 20.7772 MXN 0.00% vs mid-market Recipient gets $143,339.62 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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 = 20.7772 MXN
$143,339.62You pay€7,000.00

CurrencyFair

Pay via Bank transfer
Fee €2.96 1 EUR = 20.4754 MXN +1.46% vs mid-market Recipient gets $143,266.37 Minutes - 24 hours
Receive to bank account

Ways to receive money in Mexico with CurrencyFair when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
€2.961 EUR = 20.4754 MXN
$143,266.37You pay€7,000.00

Wise

Pay via Credit card
Fee €143.02 1 EUR = 20.7772 MXN 0.00% vs mid-market Recipient gets $142,468.84 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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 = 20.7772 MXN
$142,468.84You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €0.99 1 EUR = 20.3512 MXN +2.07% vs mid-market Recipient gets $142,458.40 Minutes - 24 hours

Ways to receive money in Mexico with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:HSBC, Santander, Banorte, Citibanamex, BBVA Bancomer+3 more
€0.991 EUR = 20.3512 MXN
$142,458.40You pay€7,000.99
Cash pickupMinutes - 24 hours
€2.901 EUR = 20.3512 MXN
$142,458.40You pay€7,002.90
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
€2.991 EUR = 20.3512 MXN
$142,458.40You pay€7,002.99
Mobile walletMinutes - 24 hoursAvailable via:Mercado Pago, Spin By OXXO
€0.991 EUR = 20.3184 MXN
$142,228.80You pay€7,000.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €0.99 1 EUR = 20.3512 MXN +2.07% vs mid-market Recipient gets $142,458.40 Minutes - 24 hours

Ways to receive money in Mexico with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:HSBC, Santander, Banorte, Citibanamex, BBVA Bancomer+3 more
€0.991 EUR = 20.3512 MXN
$142,458.40You pay€7,000.99
Cash pickupMinutes - 24 hours
€2.901 EUR = 20.3512 MXN
$142,458.40You pay€7,002.90
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
€2.991 EUR = 20.3512 MXN
$142,458.40You pay€7,002.99
Mobile walletMinutes - 24 hoursAvailable via:Mercado Pago, Spin By OXXO
€0.991 EUR = 20.3184 MXN
$142,228.80You pay€7,000.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €0.99 1 EUR = 20.3512 MXN +2.07% vs mid-market Recipient gets $142,458.40 Minutes - 24 hours

Ways to receive money in Mexico with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:Santander, BBVA Bancomer, BanCoppel, All Banks, Banorte+3 more
€0.991 EUR = 20.3512 MXN
$142,458.40You pay€7,000.99
Cash pickupMinutes - 24 hours
€2.901 EUR = 20.3512 MXN
$142,458.40You pay€7,002.90
Mobile walletMinutes - 24 hoursAvailable via:Mercado Pago, Spin By OXXO
€0.991 EUR = 20.3184 MXN
$142,228.80You pay€7,000.99
How Our Results Work
Mid-market rate: 1 EUR = 20.7771 MXN Updates every 60 minutes.

How to send money from Italy to Mexico

Pick a company

For a one-off EUR transfer to Mexico, I suggest picking the cheapest option which is Key Currency.

Key Currency was the cheapest on 29 of the 29 days it quoted €7,000 transfers to Mexico.

On a 7,000 EUR transfer, Key Currency delivers the most MXN.

The best option will change depending on how much you actually send, so I suggest to get the best EUR/MXN rate.

Fund your transfer

You have 4 ways to fund your transfer: bank transfer, debit card, credit card, and iDEAL.

Sending money to Mexico directly with SEPA is expensive, but it's a cheap and quick way to fund your money transfer account.

You can also use a debit card to fund the transfer, including the Postepay card.

Verify and send

First time round you'll need your codice fiscale and a photo ID to verify your account.

Compare amounts

How much EUR are you sending to Mexico?

How much EUR you send to Mexico heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Key Currency was the cheapest in 100% of the transfers from €5,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
€500€0.00$10,470.00with debit card to bank deposit+$1,212.94
€1,0000.08%€0.00$20,760.00with debit card to bank deposit+$218.55
€2,0000.59%€0.00$41,309.00with bank transfer to bank deposit+$260.67
€5,0000.30%€0.00$103,478.41with bank transfer to bank deposit+$915.75
€7,000This page0.25%€0.00$145,075.96with bank transfer to bank deposit+$1,305.06

Mid-market rate: 1 EUR = 20.7771 MXN

EUR/MXN Exchange Rate History

Is today a good time to send money from Italy to Mexico?

The cheapest way to send EUR to MXN can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Key Currency), across 30 days of comparisons for 7,000 EUR transfers to Mexico.

MXN received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rate$145,439.56 Key Currency $145,075.96Key Currency$145,075.96Regency FX$145,046.87TorFx$145,003.24

140.000
142.000
144.000
146.000
148.000
150.000
At the mid-market rateWith the cheapest optionKey CurrencyRegency FXTorFx
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.4253 – $142,977.30
Key Currency Cheapest 20.3743 €0.00 $142,619.85 −$357.45
Regency FX 20.3702 €0.00 $142,591.26 −$386.04
TorFx 20.3641 €0.00 $142,548.36 −$428.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.4623 – $143,236.37
Key Currency Cheapest 20.4112 €0.00 $142,878.28 −$358.09
Regency FX 20.4071 €0.00 $142,849.63 −$386.74
TorFx 20.4010 €0.00 $142,806.66 −$429.71
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.5686 – $143,979.91
Key Currency Cheapest 20.5171 €0.00 $143,619.96 −$359.95
Regency FX 20.5130 €0.00 $143,591.17 −$388.74
TorFx 20.5069 €0.00 $143,547.97 −$431.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.5388 – $143,771.46
Key Currency Cheapest 20.4874 €0.00 $143,412.03 −$359.43
Regency FX 20.4833 €0.00 $143,383.28 −$388.18
TorFx 20.4772 €0.00 $143,340.15 −$431.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.4483 – $143,138.40
Key Currency Cheapest 20.3972 €0.00 $142,780.55 −$357.85
Regency FX 20.3931 €0.00 $142,751.93 −$386.47
TorFx 20.3870 €0.00 $142,708.99 −$429.41
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.4479 – $143,135.24
Key Currency Cheapest 20.3968 €0.00 $142,777.41 −$357.83
Regency FX 20.3927 €0.00 $142,748.78 −$386.46
TorFx 20.3865 €0.00 $142,705.84 −$429.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.3846 – $142,691.98
Key Currency Cheapest 20.3336 €0.00 $142,335.25 −$356.73
Regency FX 20.3295 €0.00 $142,306.71 −$385.27
TorFx 20.3234 €0.00 $142,263.91 −$428.07
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.2573 – $141,800.98
Key Currency Cheapest 20.2066 €0.00 $141,446.48 −$354.50
Regency FX 20.2026 €0.00 $141,418.12 −$382.86
TorFx 20.1965 €0.00 $141,375.58 −$425.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.2293 – $141,605.10
Key Currency Cheapest 20.1787 €0.00 $141,251.09 −$354.01
Regency FX 20.1747 €0.00 $141,222.77 −$382.33
TorFx 20.1686 €0.00 $141,180.28 −$424.82
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.1737 – $141,215.61
Key Currency Cheapest 20.1232 €0.00 $140,862.57 −$353.04
Regency FX 20.1192 €0.00 $140,834.33 −$381.28
TorFx 20.1131 €0.00 $140,791.97 −$423.64
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.3722 – $142,605.49
Key Currency Cheapest 20.3213 €0.00 $142,248.98 −$356.51
Regency FX 20.3172 €0.00 $142,220.46 −$385.03
TorFx 20.3111 €0.00 $142,177.67 −$427.82
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.6320 – $144,423.68
Key Currency Cheapest 20.5804 €0.00 $144,062.62 −$361.06
Regency FX 20.5762 €0.00 $144,033.73 −$389.95
TorFx 20.5701 €0.00 $143,990.41 −$433.27
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.6320 – $144,423.68
Key Currency Cheapest 20.5804 €0.00 $144,062.62 −$361.06
Regency FX 20.5762 €0.00 $144,033.73 −$389.95
TorFx 20.5701 €0.00 $143,990.41 −$433.27
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.6227 – $144,359.23
Key Currency Cheapest 20.5712 €0.00 $143,998.33 −$360.90
Regency FX 20.5671 €0.00 $143,969.46 −$389.77
TorFx 20.5609 €0.00 $143,926.15 −$433.08
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.3976 – $142,783.12
Key Currency Cheapest 20.3466 €0.00 $142,426.16 −$356.96
Regency FX 20.3425 €0.00 $142,397.60 −$385.52
TorFx 20.3364 €0.00 $142,354.77 −$428.35
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.5598 – $143,918.64
Key Currency Cheapest 20.5084 €0.00 $143,558.84 −$359.80
Regency FX 20.5043 €0.00 $143,530.05 −$388.59
TorFx 20.4981 €0.00 $143,486.88 −$431.76
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.7344 – $145,140.88
Key Currency Cheapest 20.6826 €0.00 $144,778.02 −$362.86
Regency FX 20.6784 €0.00 $144,749.00 −$391.88
TorFx 20.6722 €0.00 $144,705.45 −$435.43
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.6791 – $144,753.64
Key Currency Cheapest 20.6274 €0.00 $144,391.76 −$361.88
Regency FX 20.6233 €0.00 $144,362.81 −$390.83
TorFx 20.6171 €0.00 $144,319.38 −$434.26
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.7808 – $145,465.48
Key Currency Cheapest 20.7288 €0.00 $145,101.82 −$363.66
Regency FX 20.7247 €0.00 $145,072.72 −$392.76
TorFx 20.7184 €0.00 $145,029.08 −$436.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.7808 – $145,465.48
Key Currency Cheapest 20.7288 €0.00 $145,101.82 −$363.66
Regency FX 20.7247 €0.00 $145,072.72 −$392.76
TorFx 20.7184 €0.00 $145,029.08 −$436.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.7621 – $145,334.48
Key Currency Cheapest 20.7102 €0.00 $144,971.15 −$363.33
Regency FX 20.7060 €0.00 $144,942.08 −$392.40
TorFx 20.6998 €0.00 $144,898.48 −$436.00
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.6722 – $144,705.41
Key Currency Cheapest 20.6205 €0.00 $144,343.64 −$361.77
Regency FX 20.6164 €0.00 $144,314.70 −$390.71
TorFx 20.6102 €0.00 $144,271.29 −$434.12
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.7778 – $145,444.69
Key Currency Cheapest 20.7259 €0.00 $145,081.08 −$363.61
Regency FX 20.7217 €0.00 $145,051.99 −$392.70
TorFx 20.7155 €0.00 $145,008.36 −$436.33
Exchange rateFeeRecipient getsDifference
Mid-market rate 21.0873 – $147,611.13
Key Currency Cheapest 21.0346 €0.00 $147,242.10 −$369.03
Regency FX 21.0304 €0.00 $147,212.58 −$398.55
TorFx 21.0240 €0.00 $147,168.29 −$442.84
Exchange rateFeeRecipient getsDifference
Mid-market rate 21.0172 – $147,120.13
Key Currency Cheapest 20.9646 €0.00 $146,752.33 −$367.80
Regency FX 20.9604 €0.00 $146,722.90 −$397.23
TorFx 20.9541 €0.00 $146,678.77 −$441.36
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.9130 – $146,390.90
Key Currency Cheapest 20.8607 €0.00 $146,024.92 −$365.98
Regency FX 20.8565 €0.00 $145,995.65 −$395.25
TorFx 20.8502 €0.00 $145,951.73 −$439.17
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.9130 – $146,390.90
Key Currency Cheapest 20.8607 €0.00 $146,024.92 −$365.98
Regency FX 20.8565 €0.00 $145,995.65 −$395.25
TorFx 20.8502 €0.00 $145,951.73 −$439.17
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Currencies Direct Cheapest 20.8723 €0.00 $146,106.10 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.7537 – $145,275.76
Key Currency Cheapest 20.7018 €0.00 $144,912.57 −$363.19
Regency FX 20.6976 €0.00 $144,883.52 −$392.24
TorFx 20.6914 €0.00 $144,839.93 −$435.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 20.7771 – $145,439.56
Key Currency Cheapest 20.7251 €0.00 $145,075.96 −$363.60
Regency FX 20.7210 €0.00 $145,046.87 −$392.69
TorFx 20.7147 €0.00 $145,003.24 −$436.32

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more MXN per EUR than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of MXN on every transfer from Italy.

Right now, Key Currency pays 145,075.96 MXN on 7,000 EUR, which is 363.6 MXN less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 147,242.1 MXN.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Mexico.

We've tracked 94 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.

  1. Key CurrencyAppeared in 29 comparisons

    Cheapest every time

  2. Regency FXAppeared in 29 comparisons

    Never the cheapest

  3. TorFxAppeared in 40 comparisons

    Cheapest in 18% of them

Based on 94 comparisons across 5 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Key Currency is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from Italy to Mexico

13 companies send money from Italy to Mexico. You can send EUR via broker, app, online, multi-currency account, global account, and in person, and more below.

Regular transfers

Money transfer apps

For the regular transfer home, an app like Wise is the easiest and most convenient option.

Over the past month, Wise was the cheapest app on 100% of the days it appeared for €7,000 transfers.

Wise charges €46.27 on a €7,000 transfer, and 144,479.04 MXN lands in a mobile wallet in seconds, no bank account needed on their side.

For one-off transfers

Online transfers

Outside the euro transfers, a bank transfer passes through intermediary banks, and each one can take a cut along the way.

Online services skip this and use their own network (it’s much cheaper).

Wise delivers 144,479.04 MXN on €7,000 with a €46.27 fee and 0% markup.

In our comparisons over the past month, it was the cheapest online service on 29 of the 29 days it quoted.

Sending large sums

Currency brokers

Managed services charge no fees and work on margin instead, and the more you send to Mexico, the better rate you will get.

Key Currency charges no fee and adds 0.25% on EUR/MXN rate.

Our analysis shows Key Currency was the cheapest broker in 100% of the transfers from €5,000 it quoted.

Travelling and receiving

Multi-currency accounts

If you travel to Mexico often, or receive payments from there, this is the best option.

Multi-currency accounts let you hold EUR and MXN in one account, and give you local details.

I suggest trying Currencies Direct.

Over the past month, it came out cheapest among multi-currency accounts on 84% of days.

It holds EUR and MXN balances and charges small fees to convert between them.

For business payments

Global accounts

Global accounts are for businesses and freelancers with a partita IVA, paying suppliers abroad, invoicing foreign clients, holding a few currencies.

A few good options are Wise Business, Airwallex, and Payoneer.

Ways to fund EUR and receive MXN in Mexico

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending €7,000 gives your recipient 145,075.96 MXN.

In Italy, you can pay by bank transfer, debit card, credit card, and iDEAL.

Satispay and Bancomat Pay are mainly domestic payment methods, they do not send MXN to Mexico by themselves.

In Mexico, the recipient can use bank deposit, cash pickup, card deposit, mobile wallet, and mobile money.

In Mexico, they can collect cash through HSBC, Santander, Banorte, Citibanamex, BBVA Bancomer, Banco Azteca, BanCoppel, and All Banks.

They need to take a photo ID and the collection reference to a participating HSBC, Santander, Banorte, Citibanamex, BBVA Bancomer, Banco Azteca, BanCoppel, and All Banks location in Mexico.

  1. 1
    Bank transfer Bank deposit

    You pay €7,000.00

    MX$145,076

    Cheapest

  2. 2
    iDEAL Bank deposit

    You pay €7,000.00

    MX$144,269

    -MX$807

  3. 3
    Debit card Bank deposit

    You pay €7,000.00

    MX$144,200

    -MX$876

  4. 4
    Debit card Cash pickup

    You pay €7,000.00

    MX$144,200

    -MX$876

  5. 5
    Debit card Mobile money

    You pay €7,000.00

    MX$144,200

    -MX$876

Show moreShow less
  1. 6
    Debit card Mobile wallet

    You pay €7,000.00

    MX$144,200

    -MX$876

  2. 7
    Debit card Card deposit

    You pay €7,004.27

    MX$144,200

    -MX$876

  3. 8
    Credit card Bank deposit

    You pay €7,000.00

    MX$143,702

    -MX$1,374

  4. 9
    Bank transfer Cash pickup

    You pay €7,002.90

    MX$142,458

    -MX$2,618

  5. 10
    Credit card Cash pickup

    You pay €7,002.90

    MX$142,458

    -MX$2,618

  6. 11
    Credit card Card deposit

    You pay €7,002.99

    MX$142,458

    -MX$2,618

  7. 12
    Bank transfer Mobile wallet

    You pay €7,000.99

    MX$142,229

    -MX$2,847

  8. 13
    Credit card Mobile wallet

    You pay €7,000.99

    MX$142,229

    -MX$2,847

Consider this when sending money from Italy to Mexico

For a transfer from Italy, compare the amount received first. Then check whether you are making a SEPA payment, an extra-SEPA transfer or a cash-agent remittance, because each works differently.

Compare money transfer options

These are the leading options for a €7,000 transfer to Mexico.

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 145,075.96 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 143,464.81 MXN, with the money arriving in within minutes.

SEPA only covers the first leg

A bonifico can move euros from your Italian bank to the transfer company through SEPA.

Companies like Key Currency then convert the money into MXN and pay your recipient in Mexico through a local bank, a wallet, or a cash-pickup network.

SEPA may fund the transfer quickly, but the delivery time depends on the local payout method.

Check the agent when paying in person

In Italy, the term "money transfer" often means a cash-agent shop rather than an online bank transfer.

The Banca d'Italia confirms that money remittance must be provided by a bank, electronic money institution or authorised payment institution.

Their Italian agents must appear in the OAM register.

Prepare for anti-money-laundering checks

Italian banks and transfer companies can pause a large, unusual or poorly explained payment while they check its purpose and source.

Use a clear causale and keep the document that explains the money ready.

For property proceeds, tuition or moving savings, tell the bank before the transfer is due.

If a payment-service complaint is not resolved directly, the Arbitro Bancario Finanziario is the Italian financial ombudsman route.

How we analyse the market

Every company here is registered with Banca d'Italia or passported in from elsewhere in the EU.

We track 13 of them on EUR to Mexico, comparing rates, fees and the ways to pay in and collect, updated in real time on live comparisons.

In the past 30 days alone, we analysed 94 comparisons across 5 amounts.

This page covers the cheapest and fastest options for EUR/MXN transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Nothing appears without passing our review.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.