Wise is the fastest way to send MXN to Spain, with transfers arriving within minutes. For the cheapest option, sending 100,000 MXN with Wise gets you 5,045.51 EUR.
| 3 of 3 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze MXN/EUR exchange rates from our comparisons. | |||
| Based on 100,000 MXN transfer Best companies for MXN/EUR transfersAll money transfer offers for MXN/EUR transfers, sorted by most EUR received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Promoted  Wise Pay via Bank transfer | Fee $834.15 1 MXN = 0.0509 EUR 0.00% vs mid-market | Recipient gets €5,045.51 Within minutes | |
Ways to receive money in Spain with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $834.151 MXN = 0.0509 EUR €5,045.51You pay$100,000.00 | |||
Run a live search Showing top Mexico to Spain 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 EUR rates. | |||
Run a live search These companies offer multi-currency accounts for spending EUR. We suggest doing a live search based on how much MXN you're planning to spend in Spain. | |||
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 $834.15 1 MXN = 0.0509 EUR 0.00% vs mid-market | Recipient gets €5,045.51 Within minutes | |
Ways to receive money in Spain with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $834.151 MXN = 0.0509 EUR €5,045.51You pay$100,000.00 | |||
 Moneycorp Pay via Bank transfer | Fee $0.00 1 MXN = 0.0502 EUR +1.40% vs mid-market | Recipient gets €5,016.57 Minutes - 2 days | |
Ways to receive money in Spain with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 MXN = 0.0502 EUR €5,016.57You pay$100,000.00 | |||
 Global66 Pay via Bank transfer | Fee $2,500.00 1 MXN = 0.0509 EUR -0.04% vs mid-market | Recipient gets €4,960.83 Minutes - 24 hours | |
Ways to receive money in Spain with Global66 when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours $2,500.001 MXN = 0.0509 EUR €4,960.83You pay$100,000.00 | |||
| How Our Results Work Mid-market rate: 1 MXN = 0.050878 EUR Updates every 60 minutes. | |||
Transfer details
Start with the cheapest option, which is Wise. It will get you the most EUR on a MXN 100,000 transfer.
This heavily depends on how much you send, so I suggest to get the best MXN/EUR rate.
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.
First time round you'll need an ID, and some companies only sign up citizens and residents with an INE.
3 companies send money from Mexico to Spain, through online, app, global account, and multi-currency account, and a few more ways.
Cheapest way to send MXN
Money transfer apps and companies are the easiest way to send MXN to Spain.
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 5,045.51 EUR on a MXN 100,000 transfer (after fees).
Bear in mind, some services are restricted to Mexican citizens and residents with an INE.
Traveling and spending
Wise is the best multi-currency account for holding and spending EUR 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 EUR at -0.04% markup with 834.15 MXN fee.
Once you have the balance in EUR, there are no additional fees for using it (only local ones in Spain like ATM fees).
For businesses paying abroad
Global accounts are for Mexican businesses doing business in Spain (or other countries).
Companies like Wise Business or Payoneer handle international payments, salaries, invoices, and multi-currency invoicing.
With Wise, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 100,000 MXN gives your recipient 5,045.51 EUR.
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 EUR abroad using local rails and internal network of accounts.
Your recipient can collect EUR through bank deposit.
You pay $100,000.00
€5,046
Cheapest
Here are a few things to know about money transfers from Mexico to Spain.
For a MXN 100,000 transfer to Spain, 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 5,045.51 EUR, which is 0.57% more than the next best option.
Fastest
Wise sends a bank transfer payment to bank deposit in Spain. Your recipient gets 5,045.51 EUR, with collection available in within minutes.
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.
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 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.
Small changes in the rate affect how much EUR your recipient gets. Use the weekly range to put the latest MXN/EUR quote into context.
Mid-market rate:1 MXN = 0.050919 EUR
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.
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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