How to send money to Mexico from US with the best USD-MXN rate
Find the best deals when you transfer from the United States to Mexico. Get insights on the fastest, cheapest, and providers with the best USD to MXN exchange rates.
Read on to get the best value, expert information, and analysis on ways to send money to Mexico from United States.
Transferring the other way? Send MXN from Mexico to United States instead.
"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."
"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."
"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."
"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."
"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."
"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."
"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."
"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 way: Wise
We tested & reviewed 17 transfer providers, and Wise scored highly.
Sending 7,000 USD to MXN will cost you $46.14 in fees, and you will get 127,232.69 MXN. The delivery time is same day, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your United States to Mexico transfer using Wise.
How to compare deals on your United States to Mexico transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from the United States 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 Mexico from the United States.
Summary of recent searches
Understanding United States to Mexico money transfers
Comparing providers when sending money from the United States to Mexico is the easiest way to make a transfer at the best price.
We’ve compared 17 providers for sending US Dollar to Mexico. This ensures you will get the best options for your transfer to Mexico from the United States.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from the United States to Mexico.
Cheapest way to transfer money to Mexico from the United States: Key Currency
Of the 17 providers compared, data shows that Key Currency is 0.01% cheaper than the second-best option.
The is cost is made up of USD-MXN exchange rate that is 0.25% different to the mid-market rate and the a of 0 USD.
If you want to secure the best rates on a USD to Mexico transfer, Key Currency will result in the most Mexican Peso received.
Fastest way to send money to Mexico from the United States: Wise
The transfer time is same day with Wise for a $7,000 transfer, but it will depend on the time, day of the week, and the amount you send.
A USD-Mexican Peso transfer through Wise comes with a 46.14 USD fee (based on a $7,000 transfer).
To ensure Wise was the 'fastest' option we compared 17 providers. This comparison was for overall speed of sending money from the United States to Mexico and is a combination of depositing US Dollar, transfer times to Mexico and withdrawal timeframes where applicable.
When speed is a priority, Wise is the top choice for sending into Mexico from the United States.
The best apps to send USD to Mexico from United States
Most money transfer companies have apps you can use to send money abroad.
We've compared and analyzed over 17 apps & companies for USD/MXN transfers and these are the best apps we found. All these apps are available on iOS and Android for free.
App | Rating | Mobile wallet |
|---|---|---|
iOS: 4.8 / 4.4K reviews Android: 4.7 / 2.09K reviews | Yes (21 currencies) | |
iOS: 4.9 / 2.3M reviews Android: 4.8 / 1.29M reviews | Yes (Remitly One) | |
iOS: 4.8 / 158K reviews Android: 4.8 / 1.52M reviews | Yes (40+ currencies) | |
iOS: 4.8 / 108.4K reviews Android: 4.8 / 346K reviews | No | |
iOS: 4.9 / 936K reviews Android: 4.8 / 3.64M reviews | Yes (39 currencies) |
Transfer a large amount of money
Wise is the best rated company for sending large amounts of Mexican Peso to Mexico out of 17 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to Mexico from the United States has the potential to be very expensive.
Wise is our choice for big transfers to USD because of all round price, speed and management when making large transfers.
Understanding the cost of transferring money from United States to Mexico
The total cost of money transfers from United States to Mexico is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for USD-MXN is currently 18.2409 MXN per US Dollar. Providers offering services closer to this rate will ensure more Mexican Peso for your US Dollars.
To give a historic average, over the last 7 days the USD-MXN mid-market rate has been 18.3071 MXN per US Dollar, this has had a high of 18.3697 and a low of 18.2744.
From the 17 companies compared, Wise offers the best exchange rate on transfers to Mexico and the United States.
Generally, the exchange rate you receive on converting USD to MXN will be the biggest factor impacting the cost of sending US Dollars to Mexico.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Key Currency, just 0 USD per transfer. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in Mexican Peso. Simply, the higher the amount received in the United States, the lower the cost of sending from Mexico.
How to find the best exchange rate for US Dollar to Mexican Peso
Timing is essential for sending money between USD and MXN. The exchange rate you secure impacts how much MXN you get for your USD.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from USD to MXN has seen some fluctuation. On average, it stood at 18.3071.
During this period, the highest value recorded was 18.3697, while the lowest was 18.2744.
Wise, which is our recommended service to send money online from United States to Mexico offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best USD-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 United States to Mexico!
United States to Mexico money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from the United States to Mexico.
A money transfer company like Key Currency offer bank transfers between the United States and Mexico with lower fees and better exchange rates than you would get from a traditional bank.
On average, Key Currency is the cheapest provider for bank transfers of the 17 we tested when sending USD to Mexico.
Key Currency has a fee of 0 USD for money transfers from the United States to Mexico. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the United States 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 the United States to Mexico, competing among a total of 17 active money transfer companies on this route.
Credit cards
We recommend avoiding credit cards where possible due to a lack of support and high fees.
If you have to use a credit card, we to find the company with the lowest fees.
Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. 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 United States.
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 United States to Mexico.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to MXN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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Tools & resources
Contributors
