6 simple ways to send money to Mexico

Looking for the best way to send money to Mexico? 

With over 37 million¹ Mexicans living in the U.S., money transfers are more than just transactions—they’re a lifeline. You want a method that's fast, affordable, and secure, whether you're supporting family or covering expenses back home.

In this guide, you’ll discover the best ways to transfer money to Mexico, compare options, and ensure more of your money goes to your loved ones, not transfer fees.

What amount of money can I send to Mexico?

In 2024, Mexico received approximately $68 billion² in personal remittances, marking a 3% increase from the previous year. This figure isn’t unexpected, given there’s no legal limit on the amount of money that can be transferred to the country. 

Also, most money transfer services set their own restrictions on the maximum that can be sent. For example, Western Union permits transactions of up to $5,000. To send a higher amount, you'll need to register for their WU Online FX Service.

Similarly, BOSS Revolution imposes a limit of $2,999 for mobile app transfers to Mexico. If you want to send more, you'll need to visit a retail location, where you can transfer up to $10,000.

How to easily send money to Mexico online

It’s never been easier to send money to Mexico online. With just your smartphone, you can move funds quickly, securely, and affordably using an app like BOSS Money. The process usually involves selecting a payment method, choosing how your recipient receives the money, and confirming the transaction.

You can typically choose from various delivery methods, including the following.

• Mobile Wallet: This option is available in select countries and allows recipients to receive money directly through their mobile wallet app. It’s great for quick access to funds without a bank account.

• Bank Deposit Transfer: With this, funds are sent directly to the recipient’s bank account. Just choose “Bank Deposit” in the app and provide the recipient’s banking details.

• Cash Pickup: Ideal for recipients who don’t have a bank account. Money is made available at authorized pickup locations, often within minutes. Just select “Cash Pickup” and confirm the recipient’s details.

Acceptable payment methods when using apps to send money to Mexico

You can pay for your transfer using any of the following.

• Debit Card: One of the most popular and cost-effective ways to fund your transfer. BOSS Money offers low fees when using a debit card.
• Credit Card: You can fund your transfer with credit. Remember that your card provider may charge additional fees on top of the transfer cost.
• ACH Transfer: Some services allow bank account transfers using the Automated Clearing House (ACH) network. This method may take longer to process but is widely used for larger transactions.

Most apps usually show fees, exchange rates, and delivery options upfront when you transfer money to Mexico.

Best apps to send money to Mexico

When it comes to convenience, speed, and low fees, the best way to send money to Mexico is through mobile apps that offer flexible payment and delivery options. Below are six top-rated apps trusted by millions to move money across borders.

BOSS Money

Intermex³

Intermex is known for its large cash pickup network across Mexico, making it a popular choice for sending money to family and friends. The service supports payments via debit card, credit card, and U.S. bank transfers (ACH). Cash pickup is often available within minutes, while bank deposits may take up to one business day. However, fees and exchange rates can vary significantly depending on how you pay and how much you send, so it’s worth comparing before you commit.

Ria⁴

Ria offers transfers to Mexico with options like bank deposits and cash pickups. The app provides transparent pricing, and you can pay using a debi, credit, or bank account. While delivery is often quick, Ria may charge higher fees for credit card payments.

Sendwave⁵

Sendwave lets you send money directly to a recipient’s bank account or, in some countries, mobile wallet. While it’s not available in every market, it’s a go-to choice where supported, including Mexico. This option is more ideal for small, frequent transfers. Note that only debit cards are accepted, and exchange rates include a markup.

Sharemoney⁶

Sharemoney offers bank deposits and cash pickups in Mexico with competitive exchange rates and fees, especially when paying with a debit card or ACH transfer. The app can track transfers, and many cash pickup locations deliver funds within minutes. Just remember that sending limits may vary based on your destination and identity verification level.

Xoom (by PayPal)⁷

You can use Xoom to send money directly to Mexican bank accounts or for cash pickup at popular locations like Elektra and BanCoppel. Payment options include your bank account, debit card, or PayPal balance. While fees for bank-funded transfers are typically under $5, using a credit card can add extra costs, and its exchange rate markup may make larger transfers more expensive compared to other options.

The best ways to transfer money to Mexico

Now that you know how to send money to Mexico from the US, you can compare options. It’s important to compare both fees and delivery times across providers. So, we reviewed several top services to help you identify which ones offer the best value for your money. 
Keep in mind that final costs and the amount your recipient receives will depend on the exchange rate, payment method, and delivery option you choose.

Comparison table for a $100 transfer to Mexico

*The table presents data as of May 14, 2025. Please note that recent changes in policies and exchange rate fluctuations may cause slight discrepancies in current data.

Comparison table for a $1,000 transfer to Mexico

*The table presents data that is current as of May 14, 2025. Please note that actual data may vary slightly because of policy changes and exchange rate fluctuations.

The convenience of BOSS Money for money transfers to Mexico

When it comes to convenience, speed, and savings, BOSS Money is one of the best apps to send money to Mexico. BOSS Money gives users more value every time they send, with competitive exchange rates, low transfer fees, and you pay $0 on your first 5 transfers. New users also benefit from special promotional rates, allowing recipients to receive even more pesos for every dollar sent.

Also, you can choose from various delivery methods with the BOSS Money app. You can send money via bank deposit to top institutions like Banamex, BBVA Bancomer, HSBC, Banorte, Scotiabank, and many others. If you prefer cash pickup, your recipient can collect funds at trusted partners such as Walmart, Elektra, BanCoppel, Telecomm, Soriana, and Bodega Aurrera.

With a powerful mix of speed, savings, flexibility, and trusted security, it’s no surprise millions consider BOSS Money the best app to send money to Mexico.

How to send money to Mexico with the BOSS Money app

The BOSS Money app is one of the simplest ways to send money to Mexico fast and securely. Just follow these simple steps.

1. Download the BOSS Money app from Google Play or the App Store.
2. Create your free account using your mobile number. The setup takes just a few seconds.
3. Enter the amount you want to send to see the current exchange rate, total fees (if any), and how much your recipient will receive. 
4. Choose your payment method. Debit cards offer the lowest fees, and exchange rates are locked in at the time of the transfer.
5. Select a delivery method, such as bank deposit or cash pickup from trusted locations.
6. Enter your recipient’s details, double-check everything, and tap send. You can track your money transfer in real-time.

Tips for the cheapest money transfer to Mexico

Watch out for hidden fees

Not all money transfer services are upfront about their pricing. Some charge flat fees, while others take a percentage of the amount sent. Many will also add markups to the exchange rate. Further, your provider might tack on extra charges if you're using a credit card. Always review the full cost breakdown before you confirm the transfer.

Compare rates in real time

Exchange rates can fluctuate quickly, and not all providers offer the same value. Use real-time comparison tools or visit each service’s app or website to see exactly how much your recipient will receive. Even a small difference in rates can have a huge impact, especially on larger transfers.

Skip the rush (if you can)

Urgent or same-day transfers may come with higher fees. If your transfer isn’t time-sensitive, choose standard delivery to avoid premium charges. Planning ahead can help you save significantly over time.

Prioritize secure transfers

Cheapest doesn’t mean cutting corners. Ensure the provider you choose complies with AML and KYC regulations and offers features like real-time tracking, fraud alerts, and encryption. That way, your money gets where it’s going safely.

Sources: all third party information obtained from applicable website as of May 14 2025

1. https://www.statista.com/statistics/234852/us-hispanic-population/
2. https://blogs.worldbank.org/en/peoplemove/in-2024--remittance-flows-to-low--and-middle-income-countries-ar
3. https://www.intermexonline.com/
4. https://www.riamoneytransfer.com/
5. https://www.sendwave.com/en
6. https://www.sharemoney.com/us/en
7. https://www.xoom.com/

This article is provided for general information purposes only and is not intended to address every aspect of the matters discussed herein. The information in this article is not intended as specific personal advice. The information in this article does not constitute legal, tax, regulatory or other professional advice from IDT Payment Services, Inc. and its affiliates (collectively, “IDT”), and should not be taken or used as such by any individual. IDT makes no representation, warranty or guaranty, whether express or implied, that the content in this article is current, accurate, or complete. You should obtain professional or other substantive advice before taking, or refraining from, any action on the basis of the information in this article.