We're comparing all your options in real time for a
500.00 CAD-MXN transfer

Transfers to a bank account

[ ↓ Jump to cash pick-up options ]

The 5 best options to transfer CAD to a bank account in Mexico

  • See cost breakdown

    Total cost

    3.17 CAD
    Exchange rate 13.9200 
    (-0.63%
    Fees 0 CAD

    Payment options

    Speed

    • Direct bank payment
      Same day
  • See cost breakdown

    Total cost

    10.47 CAD
    Exchange rate 14.0105 
    (+0.01%
    Fees 10.53 CAD

    Payment options

    Speed

    • Bank transfer
      2 days
    • Direct bank payment
      3-5 days
    • Debit card
      (+ CAD 5.64)
      Same day
    • Credit card
      (+ CAD 8.54)
      Same day
  • See cost breakdown

    Total cost

    13.86 CAD
    Exchange rate 13.7044 
    (-2.17%
    Fees 2.99 CAD

    Payment options

    Speed

    • Bank transfer
      2 days
    • Direct bank payment
      2 days
    • Debit card
      (+ CAD 6.00)
      2 days
    • Bank transfer
      (+ CAD 35.56)
      Next day
    • Direct bank payment
      (+ CAD 35.56)
      Next day
    • Debit card
      (+ CAD 41.56)
      Next day
  • See cost breakdown

    Total cost

    16.02 CAD
    Exchange rate 13.5600 
    (-3.20%
    Fees 0 CAD 3.99 CAD
    ZERO fees on your first THREE transfers with code 3FREE
    New WorldRemit customers only, valid until 30 June 2019. Apply the code during the transfer process in the ‘PROMO CODE’ section for each of first 3 transfers to get the discount.

    Payment options

    Speed

    • Credit card
      Same day
    • Direct bank payment
      Same day
    • Debit card
      Same day
  • See cost breakdown

    Total cost

    20.95 CAD
    Exchange rate 13.9302 
    (-0.56%
    Fees 18.15 CAD

    Payment options

    Speed

    • Debit card
      3-5 days
    • Credit card
      3-5 days

Cash pick-up at an agent location

[ ↓ Jump to forex broker options ]

The 2 best options to send CAD for cash pick-up at agent locations in Mexico

  • See cost breakdown

    Total cost

    8.16 CAD
    Exchange rate 13.9200 
    (-0.63%
    Fees 4.99 CAD

    Payment options

    Speed

    • Direct bank payment
      Same day
  • See cost breakdown

    Total cost

    16.02 CAD
    Exchange rate 13.5600 
    (-3.20%
    Fees 0 CAD 3.99 CAD
    ZERO fees on your first THREE transfers with code 3FREE
    New WorldRemit customers only, valid until 30 June 2019. Apply the code during the transfer process in the ‘PROMO CODE’ section for each of first 3 transfers to get the discount.

    Payment options

    Speed

    • Direct bank payment
      In minutes
    • Debit card
      In minutes
    • Credit card
      In minutes

Transfers via a foreign exchange company

Foreign exchange companies (also known as "forex brokers") are usually the best options for large transactions and offer personalized phone or email service. The rates we list are indicative only, to make sure you get the best deal we recommend requesting a quote from multiple providers.

  • See cost breakdown

    Total cost

    4.57 CAD
    Exchange rate 13.8808 
    (-0.91%
    Fees 0 CAD

    Payment options

    Speed

    • Bank transfer
      2 days
  • See cost breakdown

    Total cost

    31.56 CAD
    Exchange rate 13.8408 
    (-1.20%
    Fees 0 CAD
    Bank fees (estimate) 25.56 CAD

    Payment options

    Speed

    • Bank transfer
      3-5 days


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What are the best options for your transfer from Canada to Mexico?

Our comparison engine found 9 money transfer providers available to make a transfer from Canada to Mexico.

If the recipient of the transfer wants to receive in his bank account in Mexico, then the most competitive provider at the moment is Transfast, with zero transfer fees and a good CAD-MXN conversion rate (their current rate is 1 CAD = 15.0294 MXN).

When taking the exchange rate and the fees into account, the total cost of your transfer with Transfast is 3.17 CAD, compared to that, the total cost would be 31.56 CAD (which is roughly 10x more) if you were to use XE Money Transfer to make the same transfer.

Two other competitive providers are worth considering: OFX and TransferWise.

You prefer the money to arrive in cash? We list several money transfer providers able to send for cash pick-up in Mexico: Transfast is at the moment the most competitive option with 4.99 CAD for the transfer fees and a good CAD-MXN exchange rate (currently at 1 CAD = 13.92 MXN).

Adding the fees and exchange rate margin, the total cost for a cash transfer with Transfast is 8.16 CAD, but you would pay a total cost of 16.02 CAD if you were to use WorldRemit for the very same transfer.

This recommendation was updated a few minutes ago.

We're here to help

Pascal Briod

Hi! I'm Pascal and I am in charge of making Monito as helpful as possible for you. Don't hesitate to drop me a line if you have a question, if you need help to understand the results or to find the best operator for your transfer.

Questions you may have

Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.

Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. Once you fill out the above form and click on compare, you’ll see a list of all the options to send money between two countries. The cheapest option is at the top, but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.

Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.

Monito is not a money transfer company. We’re here to help you find the best way to send money abroad. Just tell us which country you’re sending money from and which country you want to send money to, and we’ll show you a list of all available services. Once you select the best one for your needs, you'll be redirected to their website to get started with your money transfer.

As much as we try to have complete information and to include as many money transfer companies in our results, we sometimes miss a few. In this case, the best solution would be to write us a short message to let us know what’s missing!