.svg)
Send money from India to Mexico
"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."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"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."
Best way to send: Wise
We tested & reviewed 5 money transfer companies offering services between India and Mexico, and Wise scored highly.
Sending 22,100 INR to Mexican Pesos will cost you ₹685.2 in fees, and you will receive 4,438.58 MXN. The delivery time is día siguiente.
So for a great mix of cost, speed & features, make your India to Mexico transfer using Wise.
How to get the best deal on sending money from India to Mexico
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 India to Mexico.
Choose a provider
Select the provider that offers you the best value on buying MXN & 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
Understanding India to Mexico money transfers
Comparing providers
Comparing providers when sending money from India to Mexico is the easiest way to make a transfer at the best price.
We’ve compared 5 providers for sending Indian Rupee to Mexico. This ensures you will get the best options for your transfer to Mexico from India.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from India to Mexico.
Get ahead of the Indian Rupee-Mexican Peso exchange rate
Choosing the right payment method
Financial regulators in India and Mexico
Consider transfer limits
Receiving money in Mexico
Have your ID ready
Tax declarations
The fastest way to send money to Mexico from India is by sending cash
Cash transfers are almost instant in most cases.
However, in some cases, it can take a few days to process, depending on your branch, how much you are sending, and the deposit method you use.
Considering there aren’t many INR/MXN transfer options available, this is by far the fastest way to do it.
The cheapest way to to send money to Mexico from India is via PayPal P2P Transfer
The coverage of INR/MXN transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a INR transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Transfer a large amount of money
Wise is the best rated company for sending large amounts of Mexican Peso to Mexico out of 5 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to Mexico from India has the potential to be very expensive.
Wise is our choice for big transfers to INR because of all round price, speed and management when making large transfers.
Understanding the cost of transferring money to Mexico from India
Fees and exchange rates make up the total cost of sending money from Mexico to Mexico. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-MXN mid-market rate is 0.2065 MXN per Indian Rupee. You will get more Mexican Peso for your Indian Rupees if you find a provider close to this number.
For context, over the last 7 days the INR-MXN mid-market rate has had a high of 0.2082, a low of 0.2066 and averaged 0.2071 MXN per Indian Rupee.
Across the 5 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting INR to MXN will be the biggest determining factor when working out the cost of transferring Indian Rupees to Mexico.
Fees: Transfer fees are charged as part of the transfer. Ria Money Transfer charges the lowest fee of 4 INR at the moment. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Mexican Peso eventually received in Mexico. You can assume that a lower cost of sending from India will result in more money received in Mexico.
How to find the best exchange rate for Indian Rupee to Mexican Peso
Timing is essential for sending money between INR and MXN. The exchange rate you secure impacts how much MXN you get for your INR.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from INR to MXN has seen some fluctuation. On average, it stood at 0.2071.
During this period, the highest value recorded was 0.2082, while the lowest was 0.2066.
Wise, which is our recommended service to send money online from India to Mexico offers an exchange rate that is only -0.02% above the mid-market rate.
Want to secure the best INR-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 India to Mexico!
Payment methods available to fund your India to Mexico transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Mexico.
Sending money via a bank transfer with a company such as Ria Money Transfer for transfers from India to Mexico allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Ria Money Transfer is the best provider for bank transfers of the 5 we tested when sending INR to Mexico.
With a fee of INR4 to send money from India to Mexico, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Mexico with a prepaid or a debit card is very simple with Western Union Agent.
Western Union Agent is a leader in card payments for transfers from India to Mexico, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to international credit card transfers from India to Mexico, we recommend comparing your options to get the best deal.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Mexico and India.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 India to Mexico.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to MXN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
