Mexico

The following tables provide details about cost of remittances sent to Mexico from:
Note: Corridor averages are unweighted and do not reflect the market shares of the different firms that compose the average. For comparability purposes, the two initial USD reference amounts of $200 and $500 were kept. In the third quarter of 2009, the amounts in local currency were adjusted in order to reflect foreign exchange fluctuations.

How much does it cost to remit?

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Find out by selecting sending and receiving countries below:


Remitting from United States to Mexico

Collection period for Third quarter 2009 | First quarter 2009 | 2008 
See prices in USD 
See prices in USD 
See prices in USD 
200500
 Total cost 
Firm nameFirm typeFee
(USD)		Exchange rate
margin (%)		Percent (%)USD Transfer speedNetwork Coverage

Date

Bank of America (SafeSend)Bank0.001.081.082.16 Same dayNationwideAug 20, 2009
Wells FargoBank2.502.013.266.52 Same dayNationwideAug 20, 2009
Barri International*Bank8.00*0.00*4.00*8.00 Same dayNationwideAug 20, 2009
Wells FargoBank5.002.014.519.02 Same dayNationwideAug 20, 2009
Wells FargoBank7.002.015.5111.02 Same dayNationwideAug 20, 2009
Western UnionMTO8.011.545.5511.10 Next dayNationwideAug 20, 2009
Order ExpressMTO10.001.006.0012.00 Less than one hourNationwideAug 20, 2009
Money GramMTO9.991.166.1512.30 Less than one hourNationwideAug 20, 2009
SigueMTO10.001.246.2412.48 Same dayNationwideAug 20, 2009
ManifloMTO10.001.476.4712.94 Same dayNationwideAug 20, 2009
Dinero Seguro (USPS)MTO10.001.546.5413.08 Less than one hourNationwideAug 20, 2009
Western UnionMTO10.001.546.5413.08 Less than one hourNationwideAug 20, 2009
Delgado TravelMTO8.002.626.6213.24 Same dayNationwideAug 20, 2009
IntermexMTO10.002.017.0114.02 Same dayNationwideAug 20, 2009
VigoMTO10.002.017.0114.02 Same dayNationwideAug 20, 2009
GiromexMTO12.001.087.0814.16 Less than one hourNationwideAug 20, 2009
Ria EnviaMTO10.002.087.0814.16 Less than one hourNationwideAug 20, 2009
Dolex Dollar ExpressMTO6.004.167.1614.32 Same dayNationwideAug 20, 2009
Orlandi ValutaMTO9.992.247.2314.46 Less than one hourNationwideAug 20, 2009
Bank Average 4.501.423.677.34
MTO Average 9.571.836.6213.24
Total Average 8.241.735.8411.68
Total Average in First Quarter 2009 9.102.216.7613.52
Corridor note
  • * indicates that the RSP is not transparent and did not provide all the relevant information. Roll-over firm name for more info.
    • 200500
     Total cost 
    Firm nameFirm typeFee
    (USD)    		Exchange rate
    margin (%)    		Percent (%)USD Transfer speedNetwork Coverage

    Date

    Barri InternationalBank8.000.004.008.00 Same dayNationwideFeb 23, 2009
    Dinero Seguro (USPS)MTO10.000.005.0010.00 Less than one hourNationwideFeb 23, 2009
    Delgado TravelMTO8.001.235.2310.46 Same dayNationwideFeb 23, 2009
    Wells Fargo-Dinero al Instante - from cashBank5.002.855.3510.70 Same dayNationwideFeb 23, 2009
    GiromexMTO10.000.835.8311.66 Less than one hourNationwideFeb 23, 2009
    IntermexMTO10.001.306.3012.60 Same dayNationwideFeb 23, 2009
    Wells Fargo-Dinero al Instante - from accountBank7.002.856.3512.70 Same dayNationwideFeb 23, 2009
    Ria EnviaMTO10.001.636.6313.26 Less than one hourNationwideFeb 23, 2009
    Dinero ExpressMTO9.991.706.7013.40 Same dayNationwideFeb 23, 2009
    Order ExpressMTO10.001.706.7013.40 Less than one hourNationwideFeb 23, 2009
    SigueMTO10.001.706.7013.40 Same dayNationwideFeb 23, 2009
    Orlandi ValutaMTO9.991.906.9013.80 Less than one hourNationwideFeb 23, 2009
    Money GramMTO9.991.976.9713.94 Less than one hourNationwideFeb 21, 2009
    Bank of America (SafeSend)Bank0.007.367.3614.72 Same dayNationwideFeb 23, 2009
    Western UnionMTO9.992.387.3714.74 Next dayNationwideFeb 23, 2009
    ManifloMTO10.002.387.3814.76 Same dayNationwideFeb 23, 2009
    VigoMTO10.002.447.4414.88 Same dayNationwideFeb 23, 2009
    Dolex Dollar ExpressMTO9.003.928.4216.84 Same dayNationwideFeb 23, 2009
    Bancomer Transfer ServicesMTO10.003.728.7217.44 Less than one hourNationwideFeb 23, 2009
    Western UnionMTO14.992.389.8719.74 Less than one hourNationwideFeb 23, 2009
    Bank Average 5.003.265.7611.52
    MTO Average 10.121.957.0114.02
    Total Average 9.102.216.7613.52
    Total Average in 2008 8.361.625.8011.60
    200500
     Total cost 
    Firm nameFirm typeFee
    (USD)    		Exchange rate
    margin (%)    		Percent (%)USD Transfer speedNetwork Coverage

    Date

    Bank of America (SafeSend)Bank0.002.452.454.90 2 hours-May 15, 2008
    CitibankBank0.003.983.987.96 Same day-May 15, 2008
    IntermexMTO6.001.594.599.18 Next day-May 15, 2008
    Dolex Dollar ExpressMTO7.001.214.719.42 Same day-May 15, 2008
    Delgado TravelMTO8.000.734.739.46 Same day-May 15, 2008
    Bancomer Transfer ServicesMTO8.001.215.2110.42 15 minutes-May 15, 2008
    Wells Fargo-Dinero al InstanteMTO7.001.785.2810.56 Same day-May 15, 2008
    VigoMTO10.000.455.4510.90 1 hour-May 15, 2008
    Barri InternationalBank8.001.595.5911.18 Same day-May 15, 2008
    Ria EnviaMTO5.003.225.7211.44 2 hours-May 15, 2008
    Dinero Seguro (USPS)MTO10.000.735.7311.46 15 minutes-May 15, 2008
    GiromexMTO5.003.415.9111.82 1 hour-May 15, 2008
    Money GramMTO9.991.066.0612.12 10 minutes-May 15, 2008
    Western UnionMTO9.991.126.1112.22 Next day-May 15, 2008
    SigueMTO10.001.126.1212.24 Same day-May 15, 2008
    Dinero ExpressMTO9.991.216.2112.42 Next day-May 15, 2008
    Orlandi ValutaMTO9.991.506.4912.98 1 hour-May 15, 2008
    ManifloMTO10.001.506.5013.00 2 hours-May 15, 2008
    Mexico ExpressMTO10.001.596.5913.18 Same day-May 15, 2008
    Order ExpressMTO10.001.886.8813.76 Same day-May 15, 2008
    Western UnionMTO14.991.128.6117.22 15 minutes-May 15, 2008
    Dinero ExpressMTO14.991.218.7117.42 Same day-May 15, 2008
    Bank Average 2.672.674.018.02
    MTO Average 9.261.456.0812.16
    Total Average 8.361.625.8011.60
    First Quarter 2009  9.102.216.7613.52