Best Ways to Transfer Money to Mexico from the USA
Are you looking for ways to transfer funds from the USA to Mexico? Then you are at the right place.This article provides a full description about sending money to Mexico with the best USD to MXN(dollar to pesos mx) rates. The remittance to the Mexico corridor has dozens of money transfer services to choose from. While RemitLow's comparison service comes to the rescue by helping you select the best service as per your need, this article would list out the best way to send money to Mexico for a quick read. We have classified the service into small bank transfers/cash pickup, medium bank transfers/cash pickup, and large bank transfers/cash pickup for your convenience. It takes only a few clicks to get your funds from the USA to Mexico.
The Best Ways to Send Money to Mexico
Various criteria need to be considered before choosing the best remittance to Mexico service that meets your needs and interests. If you are looking to compare remittances before sending money from the USA to Mexico, the below list will give you all the details needed to select the best service.
Small amount of Money Transfer (<$200)
Medium amount of Money Transfer (<$1000)
Large amount of Money Transfer (>$1000)
Best User Experience: Wise
Xe
Xe has a very fast, simple, and secure money transfer facility for sending money to Mexico. Xe provides services to almost 130 countries and has a customer base of around 1,000,000. If you are considering a small bank transfer <$200, then Xe is the fastest. This would be highly beneficial if you want to transfer funds very quickly in case of urgency. The fund transfer will take only a couple of hours maximum to reach Mexico. The daily transfer limit is $500 and it is best for small transfers. They do have both Android and iPhone apps to make things simple for customers. Businesses and individuals both trust Xe to make payments and is proven as a reliable money transfer service. The service has a very good risk management solution system and competitive rates and you can be sure that you are on the safe side when transferring money from the USA to Mexico (USD to MXN). Xe has been around for more than 25 years and is part of the NASDAQ-certified Euronet family and is a proven and recognized remittance transfer service in the industry. The dashboard is user-friendly and the experience is great with Xe. With security, speed, and reliability Xe is the best choice to transfer money below $200 to Mexico from the USA.
Ria
Ria money transfer is probably one of the largest fund transfer systems in the world. They serve more than 146 countries and 317000 locations spread across the globe. The specialty of the service is an easy-to-use dashboard that is simple and convenient. Both the sender and the receiver can handle the website with ease and freedom. If you are planning to transfer a medium amount, say something around $1000, then Ria is the best option. They have both bank transfer and cash pick-up facility from the USA to Mexico (dollar to peso). For both these options Ria is the fastest. The service started in 1987 intending to help ordinary people simply transfer funds. Since then, the company has been growing exponentially. Apart from remittance services Ria also provides bill payments, prepaid debit cards, mobile top-ups, etc. The service is present on all the continents of the world and is surely one to trust upon. They have zero transfer fees when you send money to a bank account and are highly secure.
Western Union
Western Union money transfer service is one of the leading remittance service platforms in the world. From small businesses to large corporations, to NGOs and families, to the remotest locations on the earth Western Union has a voice. If you are planning for a small or large bank transfer from the USA to Mexico (USD to MXN), then Western Union is the cheapest. The name is well known in the financial world and many people trust and rely on the service to transfer funds. They are continuously looking for innovative ways to support customers and meet their needs. The daily transfer limit is $2750 and do they have both Android and iPhone apps to make it more convenient for you. The company is one of the oldest remittance service providers out there and was established in 1851. All you need to do is to verify your identity with the site and after that, you are ready to go. You can also track your transfers in real-time and stay updated. With a lot, many facilities, and options that make transferring money easy and convenient Western Union is right up there as one of the best remittances to Mexico service.
Remitly
Remitly is undoubtedly the world’s best remittance service company that is customer-focused. It is easy, affordable, and safe to send money through Remitly and this is something that differentiates the service from the others. Leading investors in the world have backed Remitly including the CEO of Google, CEO of Amazon, etc. Remitly is good for both bank transfers and cash pickups from the USA to Mexico (USD to MXN). They have a 24/7 customer support service that aims to help the customers with any queries and clarifications. With Remitly you can use your US bank account, debit, or credit card, and transfer the funds directly to the intended person's bank account. They also do have a cash pickup facility if you want to avail of it. The daily transfer limit is $2999 and you can send money to Mexico via your computer or smartphone. They have their apps in the play store and app store. Remitly was established in 2011 and since then the service has grown exponentially providing users with great customer support and a full tracking option. They are keen on making sure that the platform adheres to the customer needs and satisfies them in all aspects.
Wise
Wise, formerly known as TransferWise is the one recommended for the best user experience. It is an award-winning remittance service company that avails fast services to people across the globe. Wise allows users to send money to about 55 countries worldwide. The interface is easy to use and customer-friendly. If you are concerned about user experience then Wise is the best option to send money from the USA to Mexico (USD to MXN). They have a very low-cost fee with a transparent system for the users. The service is based in London, UK, and has gained countless awards for its technological innovations. Even though founded in London, the company operates in the US through authorized banking partners. Wise is one of the leading remittances to Mexico service platforms due to its customer-friendly and low fees approach. Users have already made transactions worth $5bn using the service. There are no hidden charges and the service is straightforward. If you are looking for popularity and online presence then Wise is the best option.
Methodology
We did a detailed analysis and study on the various remittance services out there and prepared this list for you for transferring money from the USA to Mexico (USD to MXN). Different criteria were considered like the speed of the transfer, the affordability of the service, the transfer fees, etc. If you are looking for the best remittance service to transfer money from America to Mexico, then these are the best ones you will find. We compared different websites, articles, and reviews of people for preparing the list and to give you the best ones. Each service has its advantages and we were diligent to highlight them so that it becomes easy for you to choose the one that best suits your needs and interests.
Remittance services compared: Western Union, Xe, WorldRemit, Instarem, Remitly, Small World, PayPal, Skrill, Wise, Xoom, Ria, Transfast, Lucky Money, Placid Express, OFX, WorldFirst, Indus Fast Remit.
Special consideration was given to the study of transfer rates from the USA to Mexico and all the details above were tailored to meet this criterion. The bank transfer rate and the cash pickup rate were studied separately and both these were taken into account. The reviews of customers are very important in understanding any platform and we went through the reviews of the customers to get a better idea about each service. And after much thought and research, we were able to make a list of the most effective remittance to Mexico from USA services. Hope you find the information about the services useful to compare remittance.