Send money to Mexico
- Low fees — fees get cheaper the more you send
- Lightning fast — money typically arrives in seconds
- Perfectly predictable — lock in an exchange rate for up to 48 hours
- Domestic wire transfer fee0.31 CAD
- Our fee288.13 CAD
Volume discount
-3.29 CAD
- You could save up to 225.17 CAD
Should arrive by Monday, April 7
Send money to Mexico
- Low fees — fees get cheaper the more you send
- Lightning fast — money typically arrives in seconds
- Perfectly predictable — lock in an exchange rate for up to 48 hours
- Domestic wire transfer fee0.31 CAD
- Our fee288.13 CAD
Volume discount
-3.29 CAD
- You could save up to 225.17 CAD
Should arrive by Monday, April 7
Compare fees for when you send money to Mexico
The total cost of a transfer is the fee plus exchange rate. If your provider says there’s no fee, check their exchange rate against the one Wise offers. You might be paying more than you think.
 Wise |  Royal Bank of Canada |  Remitly |  Scotiabank | |
|---|---|---|---|---|
Recipient gets (Total after fees) | 14,253.73 MXN | 14,230 MXN | 14,063.41 MXN | 13,948.85 MXN |
Exchange rate markup | 0 CAD | 10.81 CAD | 19.46 CAD | 28.42 CAD |
Exchange rate (1 CADMXN) | 14.3855 | 14.2300 | 14.1056 | 13.9767 |
Transfer fee | 9.16 CAD | 0 CAD | 2.99 CAD | 1.99 CAD |
Total transfer cost | 9.16 CAD | 10.81 CAD | 22.45 CAD | 30.41 CAD |
How to send money to Mexico from Canada
Open a free account today in minutes. Then set up your first transfer in 3 easy steps.
How to send money to Mexico from Canada
Open a free account today in minutes. Then set up your first transfer in 3 easy steps.
How to send money to Mexico from Canada
Open a free account today in minutes. Then set up your first transfer in 3 easy steps.
Get fees as low as 0.1% on large transfers
Buying property, retiring abroad, making investments? We’re here to support with life-changing money moves.
Secure money transfers to Mexico
Every transfer you make is protected with HTTPS encryption and 2-step verification. And we run millions of checks each day to protect every transaction from fraud.
- Rock-solid technologySuper smart Wisers have built our industry-leading security systems from scratch over the last 12 years.
- People who care, 24/7With over 1,000 anti-fraud specialists, and real human help available every minute, we’re on hand when you’ve got questions.
- Your money, not oursYour money is safeguarded, and held completely separate from ours, so it’s available to you all the time.
Best ways to send money to Mexico with WISE
The best way to send Canadian dollar to Mexican peso is from a Wise balance. It’s cheapest and usually arrives in seconds. Bank transfers are also cheap, but can be slower.
Wise account
Wise account
If you have a Wise multi-currency account, you can use money in your account to fund your transfer. It’s cheap and fast — just set up your money transfer as you normally would, and choose a Wise account transfer when paying.
Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money. Read more how to use bank transfers as a payment option.
How to receive money in Mexico
When you transfer with Wise, you can receive to local bank accounts — no need for a Wise account. And since our price is transparent, you know exactly what you’ll get on the other side.
Wise account
Wise account
Receive from another Wise account instantly. No need for bank details — let friends find you with your name, email, phone or Wisetag.
Learn more about receiving with Wise.Bank account
Bank account
Wise sends your transfer using local banking networks, so you receive the money directly into your or your recipient's local bank account.
Cheapest way to send money to Mexico from Canada
The cheapest way to send 40,000 CAD to Mexico is from a Wise balance and costs 284 CAD. We use the mid-market exchange rate — the fairest rate — and always show your fees upfront.
CAD
MXN
| Sending 40,000 CAD | Transfer cost | ||
|---|---|---|---|
| Wise balance | 284 CAD | ||
| Bank transfer | 285.15 CAD | ||
Fastest way to send money to Mexico from Canada
Sending money with Wise is super fast: 60% of transfers arrive in under 20 seconds, and 95% in less than a day. How long it takes depends on how you pay.
CAD
MXN
| Sending 40,000 CAD | Should arrive | ||
|---|---|---|---|
| Wise balance | in seconds | ||
| Bank transfer | by Monday, April 7 | ||
Send money to Mexico from Canada with the Wise app
Looking for an app to send money to Mexico? Send money on the go with Wise.
Cheap transfers abroad
Free from hidden fees, you’ll always get the mid-market exchange rate with Wise.
Track exchange rates
Save your favourite currencies to check how the exchange rate changes over time.
Real-time notifications
Know exactly what you’ve spent, as soon as you spend it.
Send money to Mexico from Canada with the Wise app
Looking for an app to send money to Mexico? Send money on the go with Wise.
Cheap transfers abroad
Free from hidden fees, you’ll always get the mid-market exchange rate with Wise.
Track exchange rates
Save your favourite currencies to check how the exchange rate changes over time.
Real-time notifications
Know exactly what you’ve spent, as soon as you spend it.
Do more with Wise in Canada
You can use Wise for much more than just sending money. Here is what's available, based on where you live.
Receive money fast
Get paid easily in other currencies with global account details.
Save on spending abroad
Pay and withdraw cash worldwide without any foreign transaction fees.
Frequently asked questions
See where Wise works
- Send money
- Account details
- Hold and convert money
