You may have several reasons to transfer money to Mexico. To support your family and make them live better. or you are going to Mexico for a trip. or help a friend who is an emergence.
In this article, we are going to share how to send money to Mexico smartly.
The most important thing is to find out how to transfer money to Mexico with the best MXN exchange rate. Remember to check the MXN exchange rate against your own currency first. and you can try to compare as many as money transfer providers can choose the best provider with your own criteria.
Sending money to Mexico via your bank may be a convenient option, but it is one of the most affordable ones. Banks offer exchange rates which are much lower than the mid-market rate, but they also charge some of the highest transfer fees around.
So. We talk about cash pick-up today.
You know that Western Union and MoneyGram are the most famous money transfer providers who are superior in cash pick-up. But they are also known for high transfer fees. Luckily, there are plenty of options for sending money back to Mexico with cash pick-up service. For example, Epay.com.
You can send U.S. dollars to Mexico. The receivers can get Mexican pesos near their home. Best of all, you can send it from your bank account. as I mentioned above, the most important thing is to compare the exchange rate. Epay is the one that provides a competitive exchange rate. and transfer fees are much cheaper than Western Union and Moneygram.
All in all, try to compare more providers then you can pick the best one suit you.