Best companies for MXN/CAD transfers
3 of 3 providers Last updated on 28 October 2026
Based on 100,000 MXN transfer Best companies for MXN/CAD transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee $832.56 1 MXN = 0.0753 CAD -0.01% vs mid-market	Recipient gets $7,463.26 Next day
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Canada with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer $832.561 MXN = 0.0753 CAD $7,463.26You pay$100,000.00
Run a live search Showing top Mexico to Canada deals for 100,000 MXN. 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 MXN to CAD rates.
Run a live search These companies offer multi-currency accounts for spending CAD. We suggest doing a live search based on how much MXN you're planning to spend in Canada.
Run a live search These are managed services with real human support for large MXN transfers. Click the link and update the transfer amount to get the best deal.
Wise Pay via Bank transfer	Fee $832.56 1 MXN = 0.0753 CAD -0.01% vs mid-market	Recipient gets $7,463.26 Next day
25 reviews CheapestRecommended Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Canada with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer $832.561 MXN = 0.0753 CAD $7,463.26You pay$100,000.00
Moneycorp Pay via Bank transfer	Fee $0.00 1 MXN = 0.0742 CAD +1.40% vs mid-market	Recipient gets $7,420.14 Minutes - 2 days
0 reviews
Ways to receive money in Canada with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 MXN = 0.0742 CAD $7,420.14You pay$100,000.00
Global66 Pay via Bank transfer	Fee $2,100.00 1 MXN = 0.0753 CAD -0.06% vs mid-market	Recipient gets $7,368.25 Minutes - 24 hours
4 reviews Fastest Receive to bank account
Ways to receive money in Canada with Global66 when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours $2,100.001 MXN = 0.0753 CAD $7,368.25You pay$100,000.00
How Our Results Work Mid-market rate: 1 MXN = 0.0753 CAD Updates every 60 minutes.

Why compare

MXN/CAD exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Mexico to Canada

Pick a company

Start with the cheapest option, which is Wise. It will get you the most CAD on an MXN 100,000 transfer.

Wise was the cheapest on 30 of the 30 days it quoted MX$100,000 transfers to Canada.

This heavily depends on how much you send, so I suggest to get the best MXN/CAD rate.

Fund your transfer

You can fund the transfer using bank transfer.

A SPEI transfer to their CLABE is instant and free, and is the most common way to fund the transfer.

Without a bank account, you can pay cash at a counter instead for a little more.

Verify and send

First time round you'll need an ID, and some companies only sign up citizens and residents with an INE.

Compare amounts

How much MXN are you sending to Canada?

How much MXN you send to Canada 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 Wise was the cheapest in 100% of the transfers from MXN 50,000 it quoted, and in 100% of all the transfers it quoted.


$10,000	0.00%	$100.57	$745.24with bank transfer to bank deposit	+$11.55
$20,000	0.00%	$181.89	$1,492.10with bank transfer to bank deposit	+$11.01
$50,000	0.00%	$425.90	$3,732.04with bank transfer to bank deposit	+$27.64
$75,000	0.00%	$629.23	$5,598.91with bank transfer to bank deposit	+$38.21
$100,000This page	-0.01%	$832.56	$7,463.26with bank transfer to bank deposit	+$46.04

Mid-market rate: 1 MXN = 0.0753 CAD

MXN/CAD Exchange Rate History

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

The cheapest way to send MXN to CAD 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 Wise), across 30 days of comparisons for 100,000 MXN transfers to Canada.

Each line shows what the recipient gets when you send $100,000, after fees, as quoted by each company. The mid-market line shows what $100,000 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 CAD per MXN 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 CAD on every transfer from Mexico.

Right now, Wise pays 7,463.26 CAD on 100,000 MXN, which is 62.24 CAD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 7,836.72 CAD.

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 Canada.

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

WiseAppeared in 94 comparisons
Cheapest every time
MoneycorpAppeared in 92 comparisons
Never the cheapest
Global66Appeared in 93 comparisons
Never the cheapest

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 Wise is the cheapest and gets you the most CAD, and it was also the cheapest in 100% of the 94 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Canada.

Moneycorp (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to Canada.

Ways to send money from Mexico to Canada

3 companies send money from Mexico to Canada, through online, app, global account, and multi-currency account, and a few more ways.

Cheapest way to send MXN

Online transfers & apps

Money transfer apps and companies are the easiest way to send MXN to Canada.

You can fund your transfer with bank transfer.

You can also use a normal SPEI transfer to their CLABE.

The cheapest company is Wise, it will get you 7,463.26 CAD on an MXN 100,000 transfer (after fees).

In our comparisons over the past month, it was the cheapest online service on 30 of the 30 days it quoted.

Bear in mind, some services are restricted to Mexican citizens and residents with an INE.

Traveling and spending

Multi-currency accounts

Wise is the best multi-currency account for holding and spending CAD and MXN.

You can hold 2 balances in one account, and convert whenever the rate is good.

Usually it's cheap too.

For example, Wise will convert 100,000 MXN to CAD at -0.06% markup with 832.56 MXN fee.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Once you have the balance in CAD, there are no additional fees for using it (only local ones in Canada like ATM fees).

For businesses paying abroad

Global accounts

Global accounts are for Mexican businesses doing business in Canada (or other countries).

Companies like Wise Business or Payoneer handle international payments, salaries, invoices, and multi-currency invoicing.

Ways to fund MXN and receive CAD in Canada

With Wise, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 100,000 MXN gives your recipient 7,463.26 CAD.

You can fund your transfer in MXN by bank transfer.

Funding the transfer through SPEI

Send MXN from your Mexican bank account using the CLABE and reference supplied by the company.

SPEI funds the transfer within Mexico, then the company sends CAD abroad using local rails and internal network of accounts.

Your recipient can collect CAD through bank deposit.

1

Bank transfer Bank deposit

You pay MX$100,000.00

CA$7,463

Cheapest

Before sending MXN to Canada, check these points

Here are a few things to know about money transfers from Mexico to Canada.

Compare the MXN/CAD options

For a MXN 100,000 transfer to Canada, these are the current best options:

Cheapest

Wise is the cheapest option, funded by bank transfer with bank deposit for the payout. Your recipient gets 7,463.26 CAD, which is 0.58% more than the next best option.

Fastest

Global66 sends a bank transfer payment to bank deposit in Canada. Your recipient gets 7,368.25 CAD, with collection available in minutes - 24 hours.

SPEI is domestic only

SPEI moves MXN between participating accounts in Mexico.

It can fund the transfer company through its CLABE, but the company or bank handles the currency conversion and international payment over local rails or international network.

Make sure you can send MXN

Some services only accept Mexican citizens and permanent residents but ask for an INE, CURP, RFC or proof of address during registration.

A large or unusual transfer may also need additional documents.

IPAB protection

IPAB protection applies to eligible bank deposits, it does not automatically cover a balance held with a fintech or money transfer company, or money that has already left a Mexican bank.

If you’re in doubt about a company, check it in CONDUSEF's SIPRES.

The register confirms whether a Mexican financial institution exists and is authorised, but it does not approve every product the company offers.

How we analyse the market

We track 3 companies that can send MXN abroad, which is a shorter list than most countries, and the rates update in real time on live searches.

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

This page covers the cheapest and fastest options for MXN/CAD 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.

We compare fees, rates and how the money is paid in and collected, and each company goes through our review.

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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Tue, Sep 29, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0789	–	$7,894.60
Wise Cheapest	0.0789	$832.56	$7,828.60	−$66.00
Moneycorp	0.0778	$0.00	$7,784.08	−$110.52
Global66	0.0789	$2,100.00	$7,726.17	−$168.43

Wed, Sep 30, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0786	–	$7,860.60
Wise Cheapest	0.0786	$832.56	$7,795.76	−$64.84
Moneycorp	0.0775	$0.00	$7,750.55	−$110.05
Global66	0.0786	$2,100.00	$7,695.12	−$165.48

Thu, Oct 1, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0786	–	$7,855.50
Wise Cheapest	0.0786	$832.56	$7,790.81	−$64.69
Moneycorp	0.0775	$0.00	$7,745.52	−$109.98
Global66	0.0786	$2,100.00	$7,692.77	−$162.73

Fri, Oct 2, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0779	–	$7,793.40
Wise Cheapest	0.0779	$832.56	$7,728.08	−$65.32
Moneycorp	0.0768	$0.00	$7,684.29	−$109.11
Global66	0.0779	$2,100.00	$7,628.61	−$164.79

Sat, Oct 3, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0785	–	$7,845.60
Wise Cheapest	0.0785	$832.56	$7,779.83	−$65.77
Global66	0.0784	$1,100.00	$7,758.18	−$87.42
Moneycorp	0.0774	$0.00	$7,735.76	−$109.84

Sun, Oct 4, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0785	–	$7,846.30
Wise Cheapest	0.0785	$832.56	$7,779.83	−$66.47
Global66	0.0784	$1,100.00	$7,758.35	−$87.95
Moneycorp	0.0774	$0.00	$7,736.45	−$109.85

Mon, Oct 5, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0783	–	$7,828.70
Wise Cheapest	0.0783	$832.56	$7,763.41	−$65.29
Moneycorp	0.0772	$0.00	$7,719.10	−$109.60
Global66	0.0783	$2,100.00	$7,664.68	−$164.02

Tue, Oct 6, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0790	–	$7,900.00
Wise Cheapest	0.0790	$832.56	$7,835.62	−$64.38
Moneycorp	0.0779	$0.00	$7,789.40	−$110.60
Global66	0.0790	$2,100.00	$7,734.77	−$165.23

Wed, Oct 7, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0788	–	$7,884.90
Wise Cheapest	0.0789	$832.56	$7,819.65	−$65.25
Moneycorp	0.0777	$0.00	$7,774.51	−$110.39
Global66	0.0789	$2,100.00	$7,721.58	−$163.32

Thu, Oct 8, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0790	–	$7,901.90
Wise Cheapest	0.0790	$832.56	$7,836.72	−$65.18
Moneycorp	0.0779	$0.00	$7,791.27	−$110.63
Global66	0.0791	$2,100.00	$7,739.20	−$162.70

Fri, Oct 9, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0783	–	$7,830.60
Wise Cheapest	0.0783	$832.56	$7,766.00	−$64.60
Moneycorp	0.0772	$0.00	$7,720.97	−$109.63
Global66	0.0783	$2,100.00	$7,667.16	−$163.44

Sat, Oct 10, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0775	–	$7,745.20
Wise Cheapest	0.0774	$832.56	$7,678.60	−$66.60
Global66	0.0775	$1,100.00	$7,661.29	−$83.91
Moneycorp	0.0764	$0.00	$7,636.77	−$108.43

Mon, Oct 12, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0775	–	$7,751.60
Wise Cheapest	0.0775	$832.56	$7,686.56	−$65.04
Moneycorp	0.0764	$0.00	$7,643.08	−$108.52
Global66	0.0775	$2,100.00	$7,589.71	−$161.89

Tue, Oct 13, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0782	–	$7,824.40
Wise Cheapest	0.0782	$832.56	$7,759.08	−$65.32
Moneycorp	0.0771	$0.00	$7,714.86	−$109.54
Global66	0.0782	$2,100.00	$7,657.69	−$166.71

Wed, Oct 14, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0771	–	$7,714.90
Wise Cheapest	0.0772	$832.56	$7,651.94	−$62.96
Moneycorp	0.0761	$0.00	$7,606.89	−$108.01
Global66	0.0772	$2,100.00	$7,553.47	−$161.43

Thu, Oct 15, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0769	–	$7,688.70
Wise Cheapest	0.0769	$832.56	$7,623.46	−$65.24
Moneycorp	0.0753	$0.00	$7,534.93	−$153.77
Global66 No quote collected this day	–	–	–	–

Fri, Oct 16, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0770	–	$7,701.00
Wise Cheapest	0.0770	$832.56	$7,637.58	−$63.42
Moneycorp	0.0759	$0.00	$7,593.19	−$107.81
Global66	0.0770	$2,100.00	$7,539.73	−$161.27

Sat, Oct 17, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0766	–	$7,655.60
Wise Cheapest	0.0764	$832.56	$7,579.49	−$76.11
Global66	0.0766	$1,100.00	$7,571.42	−$84.18
Moneycorp	0.0755	$0.00	$7,548.42	−$107.18

Mon, Oct 19, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0761	–	$7,612.10
Wise Cheapest	0.0761	$832.56	$7,549.71	−$62.39
Moneycorp	0.0751	$0.00	$7,505.53	−$106.57
Global66	0.0762	$2,100.00	$7,459.14	−$152.96

Tue, Oct 20, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0765	–	$7,650.20
Wise Cheapest	0.0765	$832.56	$7,585.34	−$64.86
Moneycorp	0.0754	$0.00	$7,543.10	−$107.10
Global66	0.0765	$2,100.00	$7,493.39	−$156.81

Wed, Oct 21, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0760	–	$7,595.60
Wise Cheapest	0.0760	$832.56	$7,532.46	−$63.14
Moneycorp	0.0749	$0.00	$7,489.26	−$106.34
Global66	0.0760	$2,100.00	$7,436.58	−$159.02

Thu, Oct 22, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0747	–	$7,465.90
Wise Cheapest	0.0746	$832.56	$7,402.77	−$63.13
Moneycorp	0.0736	$0.00	$7,361.38	−$104.52
Global66	0.0747	$2,100.00	$7,312.88	−$153.02

Fri, Oct 23, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	–	–	–
Wise Cheapest	0.0748	$832.56	$7,412.80	–
Global66	0.0747	$2,100.00	$7,317.17	–
Moneycorp No quote collected this day	–	–	–	–

Sat, Oct 24, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	–	–	–
Wise Cheapest	0.0750	$832.56	$7,438.62	–
Global66	0.0750	$1,100.00	$7,418.13	–
Moneycorp No quote collected this day	–	–	–	–

Sun, Oct 25, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.0750	–	$7,500.60
Wise Cheapest	0.0750	$832.56	$7,438.62	−$61.98
Global66	0.0750	$1,100.00	$7,418.13	−$82.47
Moneycorp	0.0740	$0.00	$7,395.59	−$105.01

How to send money to Canada from Mexico with the best MXN-CAD rate

Best companies for MXN/CAD transfers