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Companies for transfers 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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & 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."
Best way to send: Wise
We tested & reviewed 10 money transfer companies offering services between India and Mexico, and Wise scored highly.
In total, Wise appeared in 69.1% of India to Mexico searches, and was the top rated company out of 10 that support transfers into Mexican Peso.
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 when sending money from India to Mexico is the easiest way to make a transfer at the best price.
We’ve compared 10 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.
Cheapest way to transfer money to Mexico from India: Ria Money Transfer
Of the 10 providers compared, data shows that Ria Money Transfer is 0% cheaper than the second-best option.
The is cost is made up of an average INR-MXN exchange rate that is 2.8% different to the mid-market rate and an average fee of 4* INR.
If you want to secure the best rates on a INR to Mexico transfer, Ria Money Transfer will result in the most Mexican Peso received.
*The most common fee applied to INR-MXN by Ria Money Transfer, based on data from the past six months.
Fastest company to send money to Mexico from India: Ria Money Transfer.
Through our data, Ria Money Transfer was the quickest way to send money from India to Mexican Peso 74.2% of the time.
Sending money through Ria Money Transfer to Mexico from India has an average fee of 4 INR.
To understand who was the fastest, we tested Ria Money Transfer as part of 10 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, Ria Money Transfer is our recommended choice.
Transfer a large amount of money
Wise is the best rated company for sending large amounts of Mexican Peso to Mexico out of 10 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 0.2356 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 three months the INR-MXN mid-market rate has had a high of 0.244, a low of 0.2221 and averaged 0.2335 MXN per Indian Rupee.
Across the 10 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 at an average of 4 INR per transfer over the last 6 months, offers the lowest fees overall. 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 six months, the exchange rate from INR to MXN has seen some fluctuation. On average, it stood at 0.2335.
During this period, the highest value recorded was 0.244, while the lowest was 0.2221.
Wise, which is our recommended service to send money online from India to Mexico offers an exchange rate that is only -0.01% 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 10 we tested when sending INR to Mexico.
With an average 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 Instarem.
Instarem is a leader in card payments for transfers from India to Mexico, competing among a total of 10 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from India to Mexico, emerges as our top choice of the 10 companies offering this service.
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
