Send money to Mexico from the United States
Grey sends money from the US to Mexico directly to any major Mexican bank account. The live USD to MXN rate and total fee are shown before you confirm. BBVA México, Santander México, Banorte, Banamex, and HSBC México are all supported. Withdrawal fee is $0.60 flat. Grey is a licensed financial services provider, regulated by FinCEN.
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Send money to Mexico, straight to any bank account
When you send money to Mexico through Grey, the transfer goes directly into your recipient's bank account in pesos. BBVA México, Santander México, Banorte, Banamex, and HSBC México are all supported. Enter the account number, confirm the rate and fee, and send.
Your recipient does not need a Grey account. The money arrives as a standard MXN credit in their bank app, the same way any domestic transfer would. Most transfers from a funded Grey balance arrive within minutes.
The total cost of a transfer is the fee and the exchange rate together. Some services advertise zero fees but mark up the rate. On a $1,000 transfer, a 2% rate markup costs more than a $20 fee. Grey shows both numbers on the same screen before you tap Send.
How to send money to Mexico from the United States
Sign up
Open a free Grey account on your phone in under five minutes. Verify your identity with a valid US government-issued ID. Grey Inc is regulated by FinCEN.
Fund
Add money from your US bank account via ACH transfer or wire, or send directly from your existing Grey balance.
Send
Enter your recipient's Mexican bank account number (CLABE). Confirm the live USD to MXN rate and fee. Send. The money typically arrives within minutes.
How much does it cost to send money to Mexico
Every transfer from the US to Mexico involves two costs: the visible fee and the exchange rate margin. Most services hide their margin in the rate, so a transfer advertised as zero fees can quietly cost more than one with a transparent fee.
The exchange rate is usually the bigger factor on larger transfers. On a USD 500 transfer, a 1% rate difference changes the peso amount your recipient receives by roughly 83 MXN. A provider advertising no fee but applying a 2% rate markup costs more than one charging USD 5 with a rate close to the mid-market.
Grey shows the fee and the exchange rate separately before you tap Send. The pesos amount your recipient will receive is on screen before you confirm. The rate shown is the rate applied. There are no adjustments after the fact.
How exchange rates work: USD to MXN
The USD to MXN exchange rate determines more of the final peso amount than the fee does. On a USD 500 transfer, a 1% difference in the rate changes what your recipient receives by roughly 90 MXN. On monthly remittances, that gap compounds quickly.
Grey shows you the live USD to MXN rate before you confirm. The rate displayed is the rate applied. There is no adjustment after you send.
Some providers quote the mid-market rate but charge a visible fee on top. Others charge no fee but mark up the rate by 1-3%. Grey separates both numbers so you can compare the actual total cost before committing.
How fast is each provider?
Grey delivers to Mexican bank accounts typically within minutes via SPEI from a funded balance. Wise typically takes 1-2 business days. Western Union offers cash pickup but at a higher total cost. Bank wires are the most expensive option for most transfer amounts to Mexico.
What your recipient sees in Mexico
Your recipient does not need a Grey account. The transfer arrives as a standard MXN credit in their Mexican bank account. It appears the same way any domestic transfer would.
Bank account delivery
Grey sends to major Mexican banks including BBVA México, Santander México, Banorte, Banamex (Citibanamex), and HSBC México. Enter the recipient's 18-digit CLABE number in the Grey app.
Transfer speed
Transfers from a funded Grey balance typically arrive within minutes via SPEI, Mexico's domestic instant payment network. If you are funding via ACH, allow 1-2 business days for the deposit to reach your Grey balance first.
GreyTag transfers
If your recipient has a Grey account, send via GreyTag instead. GreyTag transfers are free and arrive within seconds, in any currency.
Ways to fund your transfer
Whether you are transferring money to Mexico for the first time or the fiftieth, Grey gives you three funding options
ACH transfer
Link your US bank account and fund via ACH. It is typically the lowest-cost deposit method. ACH transfers take 1-2 business days to reach your Grey balance. Fee: 0.8% of the deposit amount, minimum $2.
Wire transfer
Fund via domestic wire from your US bank. Grey receives wire funds the same day. Your bank may charge its own wire fee separately.
Grey balance
If you already hold USD in your Grey balance, you can send without waiting for a deposit to clear. Fund your balance in advance and transfers go out immediately.
Which option is cheapest? Grey displays the fee for each funding method before you confirm, so you can compare and choose. There is no penalty for switching between them.
Send money to Mexico for every reason that matters
Family support
A construction worker in Texas sending his family's monthly expenses in Guadalajara. A domestic worker in California covering her mother's bills in Oaxaca. A couple in Arizona supporting parents in Mexico City. On a recurring USD 400 monthly transfer, a 1% rate gap costs nearly USD 50 a year.
Housing and property
Paying a mortgage on a home in Monterrey from an apartment in Dallas. Sending rent for a family property in Puebla. Contributing to a construction project in Merida while working in the US. On larger transfers, the rate matters more than the flat withdrawal fee.
Education
A parent in Chicago covering university fees in Mexico City. A family in Houston sending monthly allowance to a student in Guadalajara. Regular, predictable transfers where a stable rate matters as much as the cost.
Business payments
A US business paying a supplier in Monterrey in pesos. A client in New York settling invoices with a Mexican contractor. Grey supports transfers to Mexican bank accounts without requiring a separate business account.
Your reasons may be different, but the need is the same: the money has to get there, the cost has to be clear, and the app has to work the same way it did last month. Do it all on Grey, with the rate and fee shown before every transfer.
Best way to send money to Mexico from the United States
A global money app you can actually trust
Over 3 million people across 80+ countries use Grey to move money across borders. Your transfers are protected with bank-grade encryption, and every payout is tracked end-to-end. You'll know exactly when the money lands, and so will the person receiving it. If you have any questions, our support team is one tap away.
FAQs
How long does it take to send money to Mexico from the US?
Transfers from a funded Grey balance typically arrive within minutes. If funding via ACH, allow 1-2 business days for the deposit to reach your Grey account first.
What is the fee for sending money to Mexico from the US?
Grey charges a 1% conversion fee on USD to MXN transfers, uncapped. The bank withdrawal fee is $0.60. The ACH deposit fee is 0.8% of the deposit amount, minimum $2. All fees are shown before you confirm.
Which Mexico banks or wallets does Grey support?
Grey supports transfers to BBVA Mexico, Santander Mexico, Banorte, Banamex, and HSBC Mexico. Enter the account or wallet details in the Grey app.
What is the USD to MXN exchange rate today?
The live USD to MXN rate is shown inside the Grey app before you confirm. The rate at the time of confirmation is the rate applied. Grey does not adjust the rate after you send.
Does my recipient need a Grey account to receive money in Mexico?
No. Your recipient does not need a Grey account. The funds arrive as a standard credit, the same way any domestic Mexico transfer would appear.
Is Grey safe for sending money to Mexico?
Grey Inc is registered with FinCEN, the US financial intelligence and regulatory agency. Grey is a licensed financial services provider, not a bank, regulated under US financial regulations.
How much can I send to Mexico from the US?
The daily limit is $10,000 and the monthly limit is $30,000. Per-transaction limits vary. All limits are shown in the Grey app before you send.
Is it cheaper to send money to Mexico with Grey or a bank wire?
Significantly cheaper in most cases. US bank wires typically cost $25-45 in visible fees plus an unfavourable exchange rate. Grey charges a 1% conversion fee, uncapped and a flat withdrawal fee, both shown before you confirm.
Can I send money to Mexico from a Grey balance?
Yes. If you hold USD in your Grey balance, you can send without waiting for a bank deposit to clear. Transfers from a funded Grey balance typically begin within seconds.
What currencies does Grey support for Mexico transfers?
Grey supports USD to MXN transfers for Mexico. The conversion happens automatically at the live rate shown in the app before you confirm.
What happens if my transfer to Mexico is delayed?
Most transfers from a funded Grey balance arrive within minutes. If your transfer is taking longer, check the transaction status in the Grey app. Contact Grey support if the delay exceeds 24 hours.
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