MoneyTransfers

How to send money to India from Mexico with the best MXN-INR rate

Wise is the fastest way to send MXN to India, with transfers arriving within an hour. For the cheapest option, sending 100,000 MXN with Wise gets you 504,531.42 INR.

Best companies for MXN/INR transfers

2 of 2 providers

Last updated on 28 October 2026

Based on 100,000 MXN transfer

Best companies for MXN/INR transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee $963.33 1 MXN = 5.0944 INR -0.04% vs mid-market Recipient gets ₹504,531.42 Within minutes
25 reviews
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in India with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$963.331 MXN = 5.0944 INR
₹504,531.42You pay$100,000.00

Run a live search

Showing top Mexico to India deals for 100,000 MXN. Do a live search with your exact amount for today's best rates.

Wise

Pay via Bank transfer
Fee $963.33 1 MXN = 5.0944 INR -0.04% vs mid-market Recipient gets ₹504,531.42 Within minutes
25 reviews
CheapestFastestRecommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in India with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$963.331 MXN = 5.0944 INR
₹504,531.42You pay$100,000.00

Global66

Pay via Bank transfer
Fee $3,300.00 1 MXN = 5.0929 INR -0.01% vs mid-market Recipient gets ₹492,486.61 Minutes - 24 hours
4 reviews
Receive to bank account

Ways to receive money in India with Global66 when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
$3,300.001 MXN = 5.0929 INR
₹492,486.61You pay$100,000.00
How Our Results Work
Mid-market rate: 1 MXN = 5.0925 INR Updates every 60 minutes.

How to send money from Mexico to India

Pick a company

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

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

This heavily depends on how much you send, so I suggest to get the best MXN/INR 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 India?

How much MXN you send to India 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.

Cheapest service
$10,000-0.05%$107.56₹50,371.61with bank transfer to bank deposit+₹997.59
$20,000-0.04%$202.64₹100,949.11with bank transfer to bank deposit+₹1,181.78
$50,000-0.03%$487.89₹252,310.74with bank transfer to bank deposit+₹3,033.72
$75,0000.00%$725.62₹378,439.11with bank transfer to bank deposit+₹4,433.06
$100,000This page-0.04%$963.33₹504,531.42with bank transfer to bank deposit+₹6,022.40

Mid-market rate: 1 MXN = 5.0925 INR

MXN/INR Exchange Rate History

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

The cheapest way to send MXN to INR 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 India.

INR received for $100,000, after fees

Wed, Oct 28, 2026Mid-market rate₹509,252.70 Wise ₹504,531.42Wise₹504,531.42Global66₹492,486.61

480,000
490,000
500,000
510,000
520,000
530,000
540,000
At the mid-market rateWith the cheapest optionWiseGlobal66
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.3459 – ₹534,585.40
Wise Cheapest 5.3481 $963.05 ₹529,658.52 −₹4,926.88
Global66 5.3440 $3,300.00 ₹516,765.37 −₹17,820.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.3198 – ₹531,980.30
Wise Cheapest 5.3206 $963.08 ₹526,939.80 −₹5,040.50
Global66 5.3191 $3,300.00 ₹514,354.32 −₹17,625.98
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.3056 – ₹530,556.10
Wise Cheapest 5.3036 $963.10 ₹525,249.13 −₹5,306.97
Global66 5.3050 $3,300.00 ₹512,991.07 −₹17,565.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.2685 – ₹526,848.20
Wise Cheapest 5.2683 $963.13 ₹521,760.89 −₹5,087.31
Global66 5.2664 $3,300.00 ₹509,263.11 −₹17,585.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.2940 – ₹529,404.60
Wise Cheapest 5.2929 $963.11 ₹524,189.38 −₹5,215.22
Global66 5.2933 $2,300.00 ₹517,153.13 −₹12,251.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.3040 – ₹530,403.30
Wise Cheapest 5.2929 $963.11 ₹524,189.38 −₹6,213.92
Global66 5.3040 $2,300.00 ₹518,204.01 −₹12,199.29
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.2834 – ₹528,337.70
Wise Cheapest 5.2847 $963.12 ₹523,377.23 −₹4,960.47
Global66 5.2822 $3,300.00 ₹510,789.86 −₹17,547.84
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.3330 – ₹533,296.40
Wise Cheapest 5.3340 $963.07 ₹528,265.96 −₹5,030.44
Global66 5.3356 $3,300.00 ₹515,952.74 −₹17,343.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.3632 – ₹536,320.20
Wise Cheapest 5.3620 $963.04 ₹531,031.23 −₹5,288.97
Global66 5.3645 $3,300.00 ₹518,743.49 −₹17,576.71
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.3628 – ₹536,283.10
Wise Cheapest 5.3631 $963.04 ₹531,142.15 −₹5,140.95
Global66 5.3638 $3,300.00 ₹518,675.63 −₹17,607.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.3220 – ₹532,198.90
Wise Cheapest 5.3228 $963.08 ₹527,151.74 −₹5,047.16
Global66 5.3225 $3,300.00 ₹514,688.66 −₹17,510.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.2555 – ₹525,551.00
Wise Cheapest 5.2309 $963.17 ₹518,051.75 −₹7,499.25
Global66 5.2555 $2,300.00 ₹513,463.48 −₹12,087.52
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.2555 – ₹525,551.00
Wise Cheapest 5.2309 $963.17 ₹518,051.75 −₹7,499.25
Global66 5.2555 $2,300.00 ₹513,463.48 −₹12,087.52
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.2030 – ₹520,296.60
Wise Cheapest 5.2067 $963.20 ₹515,656.89 −₹4,639.71
Global66 5.2077 $3,300.00 ₹503,580.29 −₹16,716.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.2130 – ₹521,297.00
Wise Cheapest 5.2226 $963.18 ₹517,230.69 −₹4,066.31
Global66 5.2145 $3,300.00 ₹504,240.15 −₹17,056.85
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.1553 – ₹515,528.70
Wise Cheapest 5.1602 $963.25 ₹511,054.39 −₹4,474.31
Global66 5.1557 $3,300.00 ₹498,553.81 −₹16,974.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.1335 – ₹513,349.20
Wise Cheapest 5.1377 $963.28 ₹508,819.97 −₹4,529.23
Global66 No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.1607 – ₹516,070.90
Wise Cheapest 5.1626 $963.25 ₹511,288.12 −₹4,782.78
Global66 5.1616 $3,300.00 ₹499,129.11 −₹16,941.79
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.1352 – ₹513,524.00
Wise Cheapest 5.1361 $963.28 ₹508,667.45 −₹4,856.55
Global66 5.1352 $2,300.00 ₹501,713.03 −₹11,810.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.1352 – ₹513,524.00
Wise Cheapest 5.1361 $963.28 ₹508,667.45 −₹4,856.55
Global66 5.1350 $2,300.00 ₹501,686.63 −₹11,837.37
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.1281 – ₹512,814.40
Wise Cheapest 5.1261 $963.29 ₹507,675.05 −₹5,139.35
Global66 5.1307 $3,300.00 ₹496,135.00 −₹16,679.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.1506 – ₹515,065.00
Wise Cheapest 5.1510 $963.26 ₹510,138.25 −₹4,926.75
Global66 5.1514 $3,300.00 ₹498,139.22 −₹16,925.78
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.1146 – ₹511,460.90
Wise Cheapest 5.1181 $963.30 ₹506,874.78 −₹4,586.12
Global66 5.1159 $3,300.00 ₹494,712.31 −₹16,748.59
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.0510 – ₹505,098.70
Wise Cheapest 5.0507 $963.38 ₹500,200.30 −₹4,898.40
Global66 5.0529 $3,300.00 ₹488,616.67 −₹16,482.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.0655 – ₹506,547.90
Wise Cheapest 5.0634 $963.36 ₹501,466.08 −₹5,081.82
Global66 5.0652 $3,300.00 ₹489,806.61 −₹16,741.29
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.0859 – ₹508,589.30
Wise Cheapest 5.0881 $963.33 ₹503,908.48 −₹4,680.82
Global66 5.0859 $2,300.00 ₹496,897.31 −₹11,691.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.0859 – ₹508,589.30
Wise Cheapest 5.0881 $963.33 ₹503,908.48 −₹4,680.82
Global66 5.0859 $2,300.00 ₹496,897.31 −₹11,691.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.0874 – ₹508,739.20
Wise Cheapest 5.0903 $963.33 ₹504,131.31 −₹4,607.89
Global66 5.0892 $3,300.00 ₹492,123.75 −₹16,615.45
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.1139 – ₹511,390.30
Wise Cheapest 5.1160 $963.30 ₹506,671.76 −₹4,718.54
Global66 5.1138 $3,300.00 ₹494,502.97 −₹16,887.33
Exchange rateFeeRecipient getsDifference
Mid-market rate 5.0925 – ₹509,252.70
Wise Cheapest 5.0944 $963.33 ₹504,531.42 −₹4,721.28
Global66 5.0929 $3,300.00 ₹492,486.61 −₹16,766.09

Exchange rateFeeRecipient getsDifference

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 INR 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 INR on every transfer from Mexico.

Right now, Wise pays 504,531.42 INR on 100,000 MXN, which is 4,721.28 INR less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 531,142.15 INR.

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 India.

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

  1. WiseAppeared in 93 comparisons

    Cheapest every time

  2. Global66Appeared in 91 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 INR, and it was also the cheapest in 100% of the 93 comparisons it appeared in over the past month.

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

Global66 (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to India.

Ways to send money from Mexico to India

2 companies send money from Mexico to India, through app, online, multi-currency account, and global 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 India.

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 504,531.42 INR 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 INR 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 INR at -0.04% markup with 963.33 MXN fee.

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

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

For businesses paying abroad

Global accounts

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

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

Ways to fund MXN and receive INR in India

With Wise, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 100,000 MXN gives your recipient 504,531.42 INR.

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 INR abroad using local rails and internal network of accounts.

Your recipient can collect INR through bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay MX$100,000.00

    ₹504,531

    Cheapest

Before sending MXN to India, check these points

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

Compare the MXN/INR options

For a MXN 100,000 transfer to India, 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 504,531.42 INR, which is 2.39% more than the next best option.

Fastest

Wise sends a bank transfer payment to bank deposit in India. Your recipient gets 504,531.42 INR, with collection available in within an hour.

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 2 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/INR 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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