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"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."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"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."
Overall best way: Wise
We tested & reviewed 21 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 93.5% of United States to Mexico searches, and was the top rated company supporting payments the United States into Mexican Peso.
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 21 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: Revolut
Of the 21 providers compared, data shows that Revolut is % cheaper than the second-best option.
The is cost is made up of an average USD-MXN exchange rate that is 0.2% different to the mid-market rate and an average fee of 0* USD.
If you want to secure the best rates on a USD to Mexico transfer, Revolut will result in the most Mexican Peso received.
*The most common fee applied to USD-MXN by Revolut, based on data from the past six months.
Fastest way to send money to Mexico from the United States: Ria Money Transfer
Our comparison shows Ria Money Transfer is the fastest option for sending US Dollar into Mexican Peso 73.5% of the time. For urgent USD to MXN money transfers, they’re our recommended choice.
A USD-Mexican Peso transfer through Ria Money Transfer comes with an average 4 USD fee.
To ensure Ria Money Transfer was the 'fastest' option we compared 21 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, Ria Money Transfer is the top choice for sending into Mexico from the United States.
Transfer a large amount of money
Wise is the best rated company for sending large amounts of Mexican Peso to Mexico out of 21 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 20.3585 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 three months the USD-MXN mid-market rate has been 19.8866 MXN per US Dollar, this has had a high of 20.74 and a low of 17.6208.
From the 21 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 Revolut at an average of 0 USD per transfer over the last 6 months. 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 six months, the exchange rate from USD to MXN has seen some fluctuation. On average, it stood at 19.8866.
During this period, the highest value recorded was 20.74, while the lowest was 17.6208.
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 Revolut 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, Revolut is the cheapest provider for bank transfers of the 21 we tested when sending USD to Mexico.
Revolut has an average fee of
0 USD for money transfersfrom 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 Wise.
Wise is a leader in debit card payments for transfers from the United States to Mexico, competing among a total of 21 active money transfer companies on this route.
Credit cards
Instarem is our top choice of the 21 companies offering credit card transfers from the United States to Mexico.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 document.
Money transfer company reviews
