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Sending money to Mexico during the coronavirus

How to get money to loved ones across the border without leaving your home.

Here’s what to know about sending money to Mexico while you are self-quarantining or social distancing.

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How is the coronavirus affecting our borders?

As the US responds to the coronavirus outbreak, we are seeing key changes:

  • Global border restrictions. As more countries close their borders to limit the spread of infection, the US–Mexico border may follow suit.
  • Quarantine. Social distancing and self-imposed quarantines may limit your ability to send or receive money in person.
  • Shifting markets. The USD–MXN exchange rate has fluctuated a lot over the last month, making it hard to know when to send money and when to wait.

As our ability to move about freely becomes more restricted, consider sending money to friends and family in Mexico through an online money specialist.

What are my options to send money to Mexico online?

Transfer money online without the risk of physical contact at a bank branch or money transfer agent location.

Receiving methodsPayment methodsSpeedID required?More information
RemitlyCash pickup
Bank account
Credit card
Debit card
Bank transfer
Express: within minutes
Economy: 3–5 business days
No, but may need SSN
TransferWiseBank accountCredit card*
Debit card*
Bank transfer
*Not available in Nevada and Hawaii
Card payments are usually processed within minutesNo, but may need SSN
WorldRemitCash pickup
Bank account
Mobile credit
Credit card
Debit card
Bank transfer
Usually within minutesYes
MoneyGramCash pickup
Bank account
Cash
Credit card
Debit card
Bank transfer
Usually within an hourYes
Western UnionCash pickupCash
Credit card
Debit card
Bank transfer
Wire transfer
Usually within an hourYes
XoomCash pickup
Bank account
Bank transferUsually within a matter of hoursYes
PayPalBank accountBank transfer3-5 business days to transfer to bank accountMaybe, case-by-case basis
XEBank accountCredit card
Debit card
Wire transfer
ACH transfer
Usually same dayMaybe, case-by-case basis
TransferMateBank accountBank transfer2 business daysMaybe, case-by-case basis
Your bankBank accountBank transfer2–5 business daysYes
WorldRemit DealsWorldRemit Deals

Zero fees on your first THREE money transfers

Send money with WorldRemit using the code '3FREE' and pay no fees on your first three money transfers

Last verified

What if my family in Mexico doesn’t have a bank account?

If you’re used to delivering cash yourself, a border slowdown or closure may affect your ability to provide for your loved ones in Mexico. Look to online alternatives.

Emergency cash transfer to Mexico

If you need to get money to Mexico now instead of later, expedite your cash transfer. Many online money transfer services offer delivery in as fast as minutes. Learn more about the limits and fees for emergency transfers.

How to send money to Mexico without a bank account

Cash transfer services can help you if you’re unbanked or marginally banked. If you don’t have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.

How might border closures affect how I move money?

Within the first quarter of 2020, the Mexican peso has made great strides against the US dollar. But a volatile news cycle and its trickle-down restrictions on foot, car, cruise and air traffic mean this number is always in flux. Even a favorable exchange rate may not provide security if your workplace is on one side of the border while your home is on the other.

Considering the effects of the coronavirus on the global economy, it pays to stay on top of exchange rates and service fees associated with sending money between the US and Mexico.

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Updated: 15 May 2021 02:28:23 UTC

Compare online money transfer services

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
$1,000 1 day USD 0.00 0.815 EUR 4,075 OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies. Go to site Show details
GBP 1,000 1 - 2 days USD 0.00 0.815 EUR 4,075 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
Go to site Show details
USD 1 Same day USD 0.00 0.82 EUR 4,098 XE has fast transfers with low fees and a range of foreign currency tools. Go to site Show details
$2,000 1 day USD 0.00 0.815 EUR 4,075 CurrenciesDirect makes transferring money abroad simple with bank-beating exchange rates. Go to site Show details
$10 Within an hour USD 1.99 0.807 EUR 4,033 Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to site Show details
$1 1 - 2 days USD 40.00 0.823 EUR
4,084
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
$1 Within an hour USD 8.00 0.805 EUR 4,018 MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Bottom line

It’s trickier to send money to loved ones in Mexico at the moment, but you have options. Online money transfer companies specialize in fast, low-cost options for getting money between the US and Mexico. Be mindful of daily updates on travel restrictions, fluctuating exchange rates and the availability of in-person money transfer agents. To learn more about USD–MXN transfers in general, read our guide on sending money to Mexico.

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