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

Find the best deals when you transfer from India to Mexico. Get insights on the fastest, cheapest, and providers with the best INR to MXN exchange rates.

Read on to get the best value, expert information, and analysis on ways to send money to Mexico from India.

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July 8th, 2025
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Best money transfer companies

Send money from India to Mexico

Last updated: Today
Mid-market rate as of 07/08/2025: 1 INR = 0.21761 MXN
Results below are based on a 600000 INR search
0 of 3 providers
Sponsored
Wise
Recipient gets (MXN)
$128,628.75
Full transfer details
Visit Wise
$1,980 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Rate match guarantee (T&Cs apply)
TorFx
Recipient gets (MXN)
$130,174.30
Full transfer details
Visit TorFx
$3,525 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
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Rate match guarantee (T&Cs apply)
1
TorFx
Recipient gets (MXN)
$130,174.30
Full transfer details
Visit TorFx
$3,525 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
2
Wise
Recipient gets (MXN)
$128,628.75
Full transfer details
Visit Wise
$1,980 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
3
OFX
Recipient gets (MXN)
$128,280.00
Full transfer details
Visit OFX
$1,631 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Mid-market rate updates every 60 minutes
Sponsored
Wise
Recipient gets (MXN)
$128,628.75
Full transfer details
Visit Wise
$1,980 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Rate match guarantee (T&Cs apply)
TorFx
Recipient gets (MXN)
$130,174.30
Full transfer details
Visit TorFx
$3,525 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad

Best way to send: Wise

Wise is our top pick for sending INR to MXN.

We tested & reviewed 3 money transfer companies offering services between India and Mexico, and Wise scored highly.

Sending 600,000 INR to Mexican Pesos will cost you ₹8698.62 in fees, and you will receive 128,628.75 MXN. The delivery time is en pocos minutos.

So for a great mix of cost, speed & features, make your India to Mexico transfer using Wise.

Wise is the top rated company for sending money from India (INR) to Mexico (MXN) - Wise Screenshot

How to get the best deal on sending money from India to Mexico

Summary of recent searches

Top rated for transfers from India to Mexico
Wise
Total number of IN - MX providers
3
Average cheapest fees & rate
TorFx
Average fastest transfer
TorFx
Average transfer time
Within minutes
Best for bank transfers
TorFx

Understanding India to Mexico money transfers

1
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 3 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.

2
Get ahead of the Indian Rupee-Mexican Peso exchange rate
3
Choosing the right payment method
4
Financial regulators in India and Mexico
5
Consider transfer limits
6
Receiving money in Mexico
7
Have your ID ready
8
Tax declarations

Cheapest way to transfer money to Mexico from India: TorFx

TorFx offers a combination of the lowest fees and best exchange rates - making it the cheapest transfer service for sending Indian Rupee to Mexico.

Of the 3 providers compared, data shows that TorFx is 1.19% cheaper than the second-best option.

The is cost is made up of INR-MXN exchange rate that is 0.3% different to the mid-market rate and the a of 0 INR.

If you want to secure the best rates on a INR to Mexico transfer, TorFx will result in the most Mexican Peso received.

TorFx is the cheapest way to send money from India (INR) to Mexico (MXN) - TorFx Screenshot 1
TorFx is the cheapest way to send money from India (INR) to Mexico (MXN) - TorFx Screenshot 2

Fastest company to send money to Mexico from India: TorFx.

We compared 3 companies for fast transfers from Indian Rupees to Mexico and TorFx came out on top.

Right now, if you are sending ₹600,000 with TorFx to Mexico, the transfer time is minutos - 24 horas. This can vary depending on your needs, but it's the fastest option.

Sending money through TorFx to Mexico from India has a fee of 0 INR.

To understand who was the fastest, we tested TorFx as part of 3 money transfer providers. Within this, we looked at the overall speed of sending money from India to Mexico. This was made up of transfer times to Mexico after Indian Rupees were added to a money transfer account.

When fast money transfers between India and Mexico are a priority, TorFx is our recommended choice.

TorFx is the fastest way to send money from India (INR) to Mexico (MXN) - TorFx Screenshot 1
TorFx is the fastest way to send money from India (INR) to Mexico (MXN) - TorFx Screenshot 2

Transfer a large amount of money

For transferring bigger sums of money to Mexico from India, opt for a provider with a competitive exchange rate and strong account management.

Wise is the best rated company for sending large amounts of Mexican Peso to Mexico out of
3 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 0.218 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 0.2197, a low of 0.2176 and averaged 0.2185 MXN per Indian Rupee.

  • Across the 3 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. TorFx charges the lowest fee of 0 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.

Mid-market Rate
1 
INR
=
0.218039 
MXN

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 0.2185.

  • During this period, the highest value recorded was 0.2197, while the lowest was 0.2176.

  • Wise, which is our recommended service to send money online from India to Mexico offers an exchange rate that is only 0.05% 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 TorFx 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, TorFx is the best provider for bank transfers of the 3 we tested when sending INR to Mexico.

    With a fee of INR0 to send money from India to Mexico, TorFx 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 .


    is a leader in card payments for transfers from India to Mexico, competing among a total of 3 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 document.

Money transfer company reviews

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How long does it take to send money from India to Mexico?
What is the best exchange rate I can get for sending money from India to Mexico?
Are there any minimum or maximum transfer amounts for sending money from India to Mexico?
Can I schedule regular transfers between India and Mexico?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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