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Find the best ways to send money to Mexico from Canada

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Compare 11 providers for a 625 CAD transfer from Canada to Mexico

Results updated a month ago.

For the most up-to-date and accurate results, start a new search

  • Sponsored
    WorldRemit
    7.8
    Over 4 million users
    Zero fees on your first 3 transfers with code 3FREE
    In minutes

    Recipient gets

    • Pay by: Debit card, Credit card, Direct bank payment

      9,827 MXN

      9,780 MXN

Compare 3 providers

Sorted by amount received

  • Best deal
    Remitly
    8.8
    Money-back guarantee
    40k+ cash pickup locations across Mexico
    Preferential fee and/or exchange rate on your first transfer
    In minutes

    Recipient gets

    • Pay by: Credit card, Debit card

      9,856 MXN

      9,756 MXN


    3 to 5 days

    Recipient gets

    • Pay by: Bank transfer

      9,856 MXN

      9,756 MXN

  • WorldRemit
    7.8
    Over 4 million users
    Zero fees on your first 3 transfers with code 3FREE
    In minutes

    Recipient gets

    • Pay by: Debit card, Credit card, Direct bank payment

      9,827 MXN

      9,780 MXN

  • MoneyGram
    7.7
    In minutes

    Recipient gets

    • Pay by: Credit card

      9,657 MXN

We source transfer fees, rates and other data from money transfer providers in different ways - in most cases in real time. We constantly monitor the quality of our comparison data, but we cannot guarantee its accuracy.

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How to send money from Canada to Mexico at the best rate?

We found 11 providers offering money transfers to Mexico from Canada.

If you need the recipient to receive Mexican pesos in her bank account in Mexico, then InstaReM is at the moment the most competitive option with zero transfer fees and a competitive CAD-MXN exchange rate (their current rate is 1 CAD = 16.0265 MXN).

In comparison, the total cost of your transfer would be 56.83 CAD (which is roughly 13x as much) if you were to use Royal Bank of Canada for the very same transfer.

Two other options could also be good alternatives to InstaReM: XE Money Transfer and Wise.

If your recipient wants to be able to pick up Mexican pesos in cash where they live in Mexico, then Remitly is currently most competitive provider with no transfer fees and a very competitive CAD-MXN exchange rate (their current exchange rate is 1 CAD = 15.77 MXN).

In comparison, the total cost would be 22.39 CAD if you were to use MoneyGram to make the same transfer to a cash pick-up location.

This recommendation was updated a few minutes ago.

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Monito's Recommendations for Sending Money from Canada to Mexico

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from Canada to Mexico:

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Best Ways to Send Money from Canada to Mexico

FAQ about money transfers from Canada to Mexico

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

  • You save money on your transfer by selecting the cheapest provider.

  • The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.

  • Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.

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Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

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Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.

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