Compare the best ways to send money from Canada to Mexico
Get the best deals when you transfer from Canada to Mexico. Find the cheapest, fastest, and most reliable providers with the best CAD to MXN exchange rates.
Read on for the best deals, expert information, and all you need to send money to Mexico from Canada.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."
"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Canada to Mexico searches, and was the top rated company out of 17 that support CAD to MXN.
So for a great mix of cost, speed & features, make your Canada to Mexico transfer using Wise.
How to get the best deal on your Canada to Mexico transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Mexico.
Choose a provider
Select the provider that offers you the best value & service for your needs
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Canada to Mexico
Don't settle for the first option. Always compare ways to send money from Canada to Mexico to find out about fees, speed, and reliability.
Our analysis included 17 providers that operate between Canada and Mexico.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Mexico.
Cheapest way to send money to Mexico from Canada: CurrencyFair
Data collected over the past 7 days shows that CurrencyFair is 0.09% cheaper than the second-best option.
The $4 transfer cost represents the most common fee for CAD to MXN international transfers, based on data from the past week.
If you want to secure the best rates on a CAD to Mexico transfer, make sure you pick CurrencyFair to send your money online.
*The most common fee applied to CAD-MXN by CurrencyFair, based on data from the past 7 days.
Fastest way to send money from Canada to Mexico: CurrencyFair
Our data shows that CurrencyFair came up as the fastest way to send money from Canada to Mexico in 100% of searches. This makes them well suited to urgent CAD to MXN money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Mexico - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, CurrencyFair is your best choice at the moment. This service emerged as the quickest way to send money to Mexico from Canada in 100% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send CAD from Canada to Mexico, it’s the provider that will keep you safe and relaxed while your money moves into MXN.
Understanding the costs involved when moving money from Canada to Mexico
When calculating the costs of money transfers between Canada and Mexico, here's what really matters:
The Mid-Market Rate: Today, the CAD-MXN mid-market rate equals to 13.0946 MXN per Canadian Dollar.
The CAD-MXN average exchange rate for the past three months has been 13.1483 MXN per Canadian Dollar, with a high of 13.1926 and a low of 13.0904.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to MXN.
How to find the best exchange rate for Canadian Dollar to Mexican Peso
Timing is essential for sending money between CAD and MXN. The exchange rate you secure impact
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to MXN has seen some fluctuation. On average, it stood at 13.1483.
During this period, the highest value recorded was 13.1926, while the lowest was 13.0904.
Wise, which is our recommended service to send money online from Canada to Mexico offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CAD-Mexican Peso exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Mexico!
Payment methods available to fund your Canada to Mexico transfer
Bank transfers
Bank transfers are often the default option for sending money from Canada to Mexico.
By using a money transfer company such as CurrencyFair for transfers from Canada to Mexico, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, CurrencyFair is the cheapest provider for bank transfers from the 17 we tested when sending CAD to Mexico.
With an average fee of CAD4 to send money from Canada to Mexico, CurrencyFair offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Mexico with a debit or a prepaid card is very simple with Xe.
Xe is a leader in debit card payments for transfers from Canada to Mexico, competing among a total of 17 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Canada to Mexico, Paysend emerges as our top choice of the 17 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Mexico and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Mexico.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to MXN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
Send money from Canada
How much money can be transferred from Canada to Mexico?
Are there any tax implications to sending money from Canada to Mexico?
Can I send money from Canada to Mexico with MoneyTransfers.com?
What are the typical transfer fees for sending Canadian Dollars to Mexico through various providers?
How long does it take to send money from Canada to Mexico?
What is the best exchange rate I can get for sending money from Canada to Mexico?
Are there any minimum or maximum transfer amounts for sending money from Canada to Mexico?
Can I schedule regular transfers between Canada and Mexico?
Tools & resources
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