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Sending money across borders has never been easier, with plenty of options from money transfer apps to cryptocurrency platforms. Still, for most people, crypto feels a little too complicated when all they want is the best way to send money to Mexico so their family or friends can receive it quickly without issues.
The challenge is that finding the right service can be a bit complicated with so many online money transfer options available. Some stand out with low fees and a simple setup, like the soon-to-go-live Ogvio platform, while others offer wider coverage or more payout methods.
Now don’t you worry. I’m here to save you the trouble of scrolling through endless websites and reviews. I’ve put together a list of services that I believe deliver the best experience if you’re looking for how to send money to Mexico:
- Ogvio - Best in Line for Low-Cost Remittances to Mexico
- MoneyGram - Best for Cash Pickup in Mexico
- Remitly - Best for On-Schedule Transfers to Mexico
- Krak - Best for Fiat and Crypto Management
- PayPal - Best for Easy Cross-Border Payments
- Western Union - Best for In-Person Transfers to Mexico
- Revolut - Best for Managing Finances in One App
Let’s take a closer look at each of these platforms!
1. Ogvio - Best in Line for Low-Cost Remittances to Mexico
Ranks #1 out of 7 Money Transfer Services
- + Remittance-oriented
- + Instant transfers
- + Incremental-to-no fees
- + Crypto support
- + @username functionality
- + Free transfers between users
- - No card (coming soon)
If you're looking for the best way to send money to Mexico, Ogvio is one app you’ll want to keep on your radar. It’s an upcoming global money transfer platform designed for everyday people who need something simple, fast, and affordable.
One of its signature benefits is speed. Ogvio is being designed to move money almost instantly (often in just seconds). That’s a lifesaver if you’ve ever wondered, “How can I send money to Mexico quickly?” when someone back home needs money ASAP.
Ogvio also plans to let you peg your balance to stable currencies like USD or EUR. That’s a useful option for freelancers, travelers, remote workers, or anyone making international payments. Instead of stressing over volatile exchange rates, you can hold steady value and convert only when the timing feels right.
Key Features
Here’s what makes Ogvio worth the wait as it gets ready to launch:
- Retailer-focused service. Ogvio will be designed for everyday use, keeping things simple for people who just want to send money.
- Instant wallet funding. You’ll be able to top up your Ogvio balance using debit/credit cards, Apple Pay, Google Pay, or a bank transfer almost instantly.
- Transparent fees. You’ll always know exactly how much it will cost to send money to Mexico, with no hidden or surprise fees.
- DM your money. Sending cash will feel as easy as pinging someone on social media thanks to the @Tag feature.
- Quick-start verification. Forget heavy paperwork, Ogvio will use light-touch KYC so you can start sending with minimal friction.
- Built-in crypto trading. You’ll be able to trade major tokens like BTC, ETH, and DOT in the app with transparent rates.
With all these features lined up, Ogvio will be shaping up as a strong contender for anyone searching for the best app to send money to Mexico (or anywhere else, really).
Want to be among the first to experience how effortless sending money can be? Join the Ogvio waitlist today!
2. MoneyGram - Best for Cash Pickup in Mexico
Ranks #2 out of 7 Money Transfer Services
- + Over 350,000 agent locations worldwide
- + Fast cash transfers
- + Multiple send and receive options
- + Wide currency support
- - Applies exchange rate markup
- - ACH transfers take days to arrive
MoneyGram is a veteran in the global remittance space, with over 80 years of experience offering fast and simple international transfers for individuals and businesses. Backed by its massive reach, MoneyGram can be a decent choice if wide coverage is a priority for you.
With hundreds of thousands of retail locations worldwide, it makes a strong case as one of the best apps to send money to Mexico.
It’s also known for its flexibility, as you can easily send money for cash pickup, deposit into a bank account, or transfer to a mobile wallet. This makes it a pretty versatile option for different needs and preferences.
Key Features
This is why I think MoneyGram deserves a spot on my list:
- Global footprint. Available in more than 200 countries with over 400,000 retail locations.
- Currency variety. Works with over 135 fiat currencies and select cryptocurrencies.
- Established brand. Backed by more than 80 years of experience in cross-border remittances.
- Positive reviews. Consistently praised by users for its ease of use and convenience.
- Cash-to-crypto bridge. Offers on/off-ramp services if you want to move between traditional money and digital assets.
Now, in case you’re wondering, “How much money can I send to Mexico per month with MoneyGram?” the platform sets a limit of $10,000 over a 30-day period.
These limits aren’t fixed, though, and can vary depending on multiple factors like your payment method, the country you’re sending from, and how your recipient receives the funds.
You can easily check your sending limit during the transfer in MoneyGram.
3. Remitly - Best for On-Schedule Transfers to Mexico
Ranks #3 out of 7 Money Transfer Services
- + Great for international transfers
- + Supported in over 150 countries
- + 24/7 customer support
- + Cash pickup
- - Fees can get high
- - Transfer method limitations in some countries
Remitly is often a popular choice for people living abroad, freelancers, and international workers asking, “How can I send money to Mexico from the US?” It’s a pretty well-known service that has helped millions of people send money across borders with a secure and easy-to-use platform.
They also favor Remitly for its ability to track transfers every step of the way. Each transaction comes with a unique tracking number that lets you monitor the status of your transfer through the website or mobile app.
On top of that, it’s known for offering special promotions and transparent hidden fees, which makes it an easy pick as one of the best ways to send money to Mexico to consider.
Key Features
On top of its reputation, Remitly comes with a list of useful practical features:
- International coverage. Send money to 170+ countries and territories, which is nice if you also have connections beyond Mexico.
- Multiple delivery methods. Choose between cash pickup, bank deposit, or mobile wallet transfers.
- Money-back guarantee. If your transfer isn’t delivered on time, you can ask Remitly for a fee refund.
- Safe & secure. Send money home with multiple levels of security designed to keep your transfers protected.
- 24/7 customer support. Get help anytime, anywhere through chat, phone, or social media.
While Remitly is one of the most convenient options, fees and exchange rates can vary. The final cost depends on how you fund the transfer, where you're sending from, and how the recipient prefers to receive the money.
Did you know?
All Crypto Exchanges may look similar to you but they're NOT all the same!
4. Krak - Best for Fiat and Crypto Management
Ranks #4 out of 7 Money Transfer Services
- + Smooth payment flow
- + Quick fiat & crypto transfers
- + Reward earning functionality
- + Strong security features
- + Responsive customer support
- - Lacks some features for advanced traders
- - Krakback and similar rewards may be restricted in certain regions
Krak isn’t your typical money transfer app. Developed by Kraken, it offers a peer-to-peer experience that works seamlessly, much like sending digital assets.
With Krak, sending money to Mexico can be as simple as sharing a username. Transfers are secure, don’t require a bank account on either side, and work in over 160 countries. The convenience and wide support make it useful not just for sending money home, but also for managing everyday expenses while living abroad.
On top of its transfer tools, Krak also gives you the option to earn. You can store assets in the app and automatically collect up to 4.1% in rewards, letting your balance grow a little before sending it to your family in Mexico.
Key Features
These are the reasons why I think Krak is a good option if you're looking to figure out how to send money to Mexico online:
- Multiple currency varieties. Supports over 300 currencies, including fiat, stablecoins, and crypto.
- Clear pricing. Most transfers are free, and when they’re not, all costs are displayed in detail before you confirm.
- Security measures. Krak uses proof-of-reserves, strong encryption, and robust authentication protocols to help keep your assets safe.
- KrakBacks rewards. Enjoy various perks and benefits as you use the app to transfer funds or manage your assets.
- Kraken network. Connect with the wider Kraken ecosystem for crypto trading and additional tools.
Keep in mind that Krak is built on cryptocurrency roots. This means both you and your recipient need to understand at least the basics of managing cryptocurrencies, especially when it comes to receiving and converting funds.
So while I think Krak is a good alternative and probably one of the best ways to send money to Mexico if regular options don’t quite work for you, it’s best suited for users who are at least somewhat familiar with how crypto works.
5. PayPal - Best for Easy Cross-Border Payments
Ranks #5 out of 7 Money Transfer Services
- + Global presence
- + Trusted, reliable
- + Individual & Business accounts
- + Most transactions are instant
- - More business-oriented
- - Not many additional features
PayPal is probably the most recognized name in online payments, and that familiarity extends to remittances. Many see it as one of the best ways to send money to Mexico because it’s already well-known and easy to access.
The app allows both personal and business transfers. You can send directly using your balance or route through Xoom (PayPal’s remittance service) for cash pickup and bank deposits.
Getting started is also relatively simple. All you need is an active PayPal account to begin sending money online, and from there, you can easily transfer funds to family or friends back in Mexico. Es pan comido!
Key Features
Here are some of the main aspects of PayPal:
- Ease of access. Set up an account quickly and send money online or through the app.
- Shopping perks. Access various reward programs when paying or transferring money.
- Linked services. Use Xoom for faster delivery and cash pickup options in Mexico.
- Global recognition. Recipients are more likely to already have a PayPal account, which simplifies transfers.
- Built-in protections. Encryption and fraud monitoring are included.
That said, PayPal isn’t exactly the cheapest way to send money to Mexico. Transfer fees and exchange markups can take a noticeable cut from what your recipient receives. Still, the convenience and global reach it offers are too significant for me to leave it off this list.
6. Western Union - Best for In-Person Transfers to Mexico
Ranks #6 out of 7 Money Transfer Services
- + An established money transfer service
- + Available in most countries
- + Cash pickup feature
- - Few additional features
- - Fees can get high
Western Union has been around for more than 150 years, making it one of the oldest names in global money transfers. For many people living abroad, especially those from older generations, it has become a popular option for sending money back home.
The service gives you flexibility in how you send. You can use the app for a quick digital transfer with just a few taps, or visit a physical agent location if you prefer handling things in person.
On the receiving end, your family in Mexico also gets plenty of options. Money can be deposited directly into major banks like Famsa, Banamex, and Banorte. Or, if cash is more convenient, there are over 44,000 pickup points across the country.
Key Features
Beyond its long history and wide network, Western Union is also a notable name for several other aspects:
- Security protocols. Western Union uses fraud prevention, data encryption, and identity verification to keep transfers secure.
- Real-time tracking. Use the MTCN code in the app to follow your money until it’s collected.
- App convenience. Set up a transfer quickly on your phone without needing to visit an agent.
- Pay bills abroad. Take care of household bills for your family in Mexico using the app.
- Scheduled transfers. Plan your transfers in advance for recurring needs.
That said, there are a couple of things to note. Many users report that Western Union’s exchange rates aren’t the most competitive, which can reduce the final amount received in pesos.
And while its strong security measures are a plus, they sometimes require extra verification. For larger transfers, for example, you may be asked to provide documents confirming your identity, occupation, and source of funds, which can be quite a hassle when you’re in a hurry.
7. Revolut - Best for Managing Finances in One App
Ranks #7 out of 7 Money Transfer Services
- + Wide global coverage
- + Multi-currency support
- + Savings interest options
- + Built-in budgeting tools
- + 24/7 multilingual in-app support
- - Limited website features
- - Advanced features behind higher-tier plans
Revolut is one of those apps I’d recommend to cross-border workers who aren’t just looking for the best way to send money to Mexico, but also want extra tools to manage it. As a global financial app, it offers almost everything from multi-currency accounts to crypto trading.
Used by over 60 million customers worldwide, Revolut supports instant transfers between accounts. The P2P payments usually arrive in under 20 seconds, while most card transfers land in minutes.
For bank transfers, if your payment qualifies for SEPA Instant, the money can arrive within seconds.
Key Features
Revolut is a reliable finance app for a few reasons:
- Worldwide coverage. Send and receive money across 160+ countries and regions.
- Flexible transfer methods. Use bank transfers, Revolut-to-Revolut payments, or payment links.
- Built-in security. Benefit from two-factor authentication, anti-fraud alerts, and strong data protection.
- Weekday currency perks. Make weekday transfers without extra conversion fees, as long as you stay within your plan’s limits.
- Currency flexibility. Hold and manage balances in 25+ currencies, including Mexican pesos.
For me personally, Revolut feels more like a banking alternative than just a remittance app. If your only goal is just to send money to Mexico, the extra features might feel a bit unnecessary. But if you’re financially savvy and want a single platform to manage everything, it could be an interesting option to check out.
Comparing the Best Apps to Send Money to Mexico
So, how do my picks for the best way to send money to Mexico look? If you’re short on time and just want the highlights, here’s a comparison table to give you the full picture at a glance:
Best For | No. of Supported Countries | Receiving Methods | Fee | |
|---|---|---|---|---|
Reliable low-cost transfers to Mexico | 160+ | ✓ In-app transfer | Free internal transfers | |
MoneyGram | Wide cash pickup locations across Mexico | 200+ | ✓ Bank deposit ✓ Mobile wallet deposit ✓ Cash pickup | Vary by route, amount, funding, & payout |
Remitly | On-time delivery with a money-back guarantee | 170+ | ✓ Bank deposit ✓ Mobile wallet deposit | Varies by route, amount, and funding |
Krak | Mexico's crypto-savvy users | 160+ | ✓ In-app transfer | Most transfers are free |
PayPal | P2P transfer and everyday payment abroad | 200+ | ✓ Bank deposit ✓ Cash pickup | Start from 2.9% |
Western Union | In-person transfers | 200+ | ✓ Bank deposit ✓ Mobile wallet deposit ✓ Cash pickup | Varies by route, amount, and funding |
Revolut | Multi-currency management and daily finances | 160+ | ✓ Bank deposit ✓ Mobile wallet deposit ✓ In-app transfer | Varies by route, amount, and funding |
Table: A comparison of the best apps to send money to Mexico.
Hopefully, the breakdown can help you narrow down your options. Just keep in mind the table is a simplified snapshot, and there are always extra details to consider based on your specific needs and circumstances.
How to Choose the Best Way to Send Money to Mexico
Maybe you don’t fully agree with my list, or some app features don’t vibe well with you. If that’s the case, taking some time to do your own research is always a good idea. Here are a few factors to keep in mind when looking for the best way to send money to Mexico:
- Transfer fee. Every peso counts when you're sending money home. Always check how much a provider takes per transfer, whether it’s a flat fee or a percentage of the amount you send.
- Exchange rate. The rate for converting dollars to pesos often matters more than the fee. Some providers use weaker rates to profit, leaving your loved ones with less money.
- Delivery speed. Getting money to family or friends in Mexico quickly can be just as important as the amount. Some services deliver in minutes, while others take days.
- Security & compliance. Safety is non-negotiable when sending funds abroad. Choose platforms that are licensed, regulated, and have strong security standards to ensure your money arrives safely.
- User-friendliness. You shouldn't need a manual to send money. The best app to send money to Mexico keeps things simple with an easy-to-navigate interface.
- Support quality. Things don't always go smoothly, and when that happens, support should be quick and helpful to solve the issues.
And just to emphasize, it’s totally fine if you’re searching for the cheapest way to send money to Mexico or even how to send money to Mexico for free. But sooner or later, you’ll realize that the overall experience is just as important, if not more, than saving a few extra dollars.
How Much Does It Cost to Send Money to Mexico
The cost of sending money to Mexico depends on the method you choose. Each service has its own pricing model, and the amount your family ends up receiving can differ quite a bit.[1]
In most cases, the final cost comes down to three main factors you’ll want to watch closely:
1
Transfer fees. Some apps charge a flat fee, others take a percentage. Flat fees hurt smaller transfers, while percentage fees add up on larger ones.
2
Exchange rates. This is where I see many people slip up. Even if a provider advertises “no transfer fee”, you can still lose out if they give you a weaker peso rate.
3
Additional charges. On top of fees and rates, you might also run into extra costs like credit card processing fees, higher charges for in-person transfers, or intermediary fees.
To put things into perspective, say that you’re looking at how to send money to Mexico from US and find a service that charges 0.1% if you send over $100.
Sounds like a pretty good bargain, right?
But then you notice their exchange rate is weaker than the mid-market rate. So, instead of 1 US dollar being worth 18 Mexican pesos, they only give you 17.5 pesos per dollar. Plus, if you pay with a credit card, the service might also tack on an extra $15 fee.
By the time you add it all up, the “low fee” transfer ends up costing you more than you expected!
That’s why I encourage you to double-check the details before sending money. Be cautious with platforms that promise "zero fees", since what looks like the cheapest way to send money to Mexico can turn out to be one of the most expensive once you do the math.
Speaking of which...
How to Send Money to Mexico for Free
I get this question a lot, actually, and I wish there were a simple answer. Unfortunately, truly free transfers are extremely rare. That said, there are ways to keep your cross-border transfer costs close to zero. But each one usually comes with caveats you’ll want to understand based on your situation.
Here are some tips for reducing the cost of transferring money to Mexico:
- Use P2P transfers. Some platforms let you send money for free if both parties use the same app, skipping transfer fees and making it one of the cheapest ways to send money to Mexico.
- Look out for promotions. Many transfer services run limited-time offers that waive fees for first-time users or specific routes.
- Use referral bonuses. Plenty of platforms reward you for inviting others, and those bonuses can go toward covering your transfer costs.
There’s also a transfer method known as Hawala, an informal system where money is moved through trusted intermediaries. It can be quicker and cheaper than traditional services, but since it operates outside formal financial channels, it often comes with legal and regulatory risks.[2] Tread carefully if you come across it!
How to Send Money to Mexico Online
Hopefully by now, you’ve got a provider in mind that feels right for you. If so, let’s get into the practical steps of how to send money to Mexico from the US, Canada, Europe, or wherever you are.
Sign up or log in with your chosen provider. You’ll usually need to provide some personal details and verify your identity with a valid ID.
Enter the details of the person receiving the funds. This could be their bank account, mobile wallet, or a cash pickup location.
Decide how much you want to send and confirm the currency. Most platforms automatically show the peso conversion, but it’s always a good habit to check the exchange rate before confirming.
Choose your payment method. Bank transfers are usually the cheapest, while card payments or instant options may cost a little extra.
After confirming, you’ll see an estimated arrival time. Most apps also let you track the status in real time, so you know exactly when the money lands.
And that’s it! Follow these steps and you’ll know how to send money to Mexico online easily.
Conclusions
So, did you find the right option from my list of the best ways to send money to Mexico? Hopefully, I can help you narrow down your choices and make the whole “which app do I trust” problem a little easier.
If you’re still unsure, focus on what matters most: fees, transparency, speed, and safety. At the end of the day, your priority should be making sure your family back home receives as much of your money as possible without any problems.
As for me, I’d say it’s worth keeping an eye on OGVIO and getting on the waitlist. Who knows, it could turn into your go-to app for fast and affordable remittances.
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
Scientific References
1. Batiz-Lazo B., Gonzalez-Correa I.: ‘The Journey of a Remittance in the US-Mexico Corridor From My Salary to My Family’;
2. Passas N.: ‘Hawala and Other Informal Value Transfer Systems How to Regulate Them’.
About Article's Experts & Analysts
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