What's the cheapest way to send money from Germany to Mexico?

The cheapest way to send money from Germany to Mexico is through an online provider. Among the 16 available, Remitly was most often the cheapest provider (in 31.1% of the searches on Monito.com in the past 3 months).

What are the best providers to send money from Germany to Mexico?

Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com: Remitly (cheapest in 31.1% of the searches) Revolut (cheapest in 25.6% of the searches) OFX (cheapest in 17.3% of the searches)

How much does it cost to send money from Germany to Mexico?

If you send money with the cheapest available provider, the total cost of a EUR-MXN transfer was 0.4% of the transfer amount (including all fees and exchange rates) over the past month. In contrast, the cost of the most expensive option was 12.2%.

What is the cost of making an international transfer from Germany to Mexico using my bank?

The average total cost (including hidden exchange rate markup) of making a EUR-MXN transfer with banks compared by Monito.com during the past months was 10.2% of the transfer amount. This is 26.8x more expensive than sending money with the cheapest online provider alternative. For a 300 EUR transfer, this represents a saving potential of around 29.6 EUR.

Is Western Union a good option for sending money from Germany to Mexico?

Western Union is a popular provider, with the biggest agent location network. The average cost of online money transfers from Germany to Mexico with Western Union* is 1.5% of the amount you send, whereas the cheapest online services have an average cost of 0.4%. Remitly is the provider that is most often the cheapest for money transfers to a cash pick-up location in Mexico. *Sending money from physical agent locations with Western Union is usually much more expensive than using their online service.

What's the cheapest provider to send money from Germany to a cash pick-up location in Mexico?

Over the past 3 months, the provider that was most often the cheapest for cash pick-up transfers in Mexico was Remitly, with an average cost of 0.9% of the amount you send (includes fees + exchange rate margin). The average total cost to send to a bank account rather than to a pick-up location during the same period was 0.4%. Remitly was the provider most often the cheapest for transfers to bank accounts in Mexico.

What is the fastest option to send money from Germany to Mexico

The provider that was most often the fastest provider in comparisons of the past 30 days was Remitly (average fastest transfer time: In minutes)

Find the best ways to send money to Mexico from Germany

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Top Providers For transfers from Germany to Mexico

Based on 1,760 comparisons made by Monito users in the past 3 months.

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Best for Transfers to a Bank Account

Cheapest
9.1

Cheapest

in 31% of all comparisons
Go to Remitly
Top rated
9.5

Top rated

in 100% of all comparisons
Go to Wise
Fastest
9.0

Fastest

in 59% of all comparisons
Go to Revolut

Best of 15 providers. Compare all

Best for Transfers to Cash Pickup

Top provider
9.1

Cheapest

in 98% of all comparisons
Top rated

in 98% of all comparisons
Fastest

in 98% of all comparisons
Go to Remitly
Cheapest

in 98% of all comparisons
Top rated

in 98% of all comparisons
Fastest

in 98% of all comparisons

Best of 3 providers. Compare all

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1 EUR = MXN Mid-market exchange rate

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25M+ comparisons made

With more than 7 million searches per year, Monito's real-time comparison engine is a world leader in comparing international money transfer services.
$80M+ in transfer fees saved

By choosing a transfer service found on Monito, the average user pays a total of just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved around $80 million in total to date!
200+ providers compared

For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
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Monito's Recommendations for Sending Money from Germany to Mexico

Affiliate disclosure

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 Germany to Mexico:

Best Ways to Send Money from Germany to Mexico

The best rated: Wise (9.5/10)
The cheapest: Remitly and Revolut
The fastest: Remitly
Best cash pickup network in Mexico: WorldRemit
The fastest (transfer to a bank account): Revolut

Frequently Asked Questions

What's the cheapest way to send money from Germany to Mexico?

The cheapest way to send money from Germany to Mexico is through an online provider. Among the 16 available, Remitly was most often the cheapest provider (in 31.1% of the searches on Monito.com in the past 3 months).
What are the best providers to send money from Germany to Mexico?
Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com:
- Remitly (cheapest in 31.1% of the searches)
- Revolut (cheapest in 25.6% of the searches)
- OFX (cheapest in 17.3% of the searches)
How much does it cost to send money from Germany to Mexico?

If you send money with the cheapest available provider, the total cost of a EUR-MXN transfer was 0.4% of the transfer amount (including all fees and exchange rates) over the past month.
In contrast, the cost of the most expensive option was 12.2%.
What is the cost of making an international transfer from Germany to Mexico using my bank?

The average total cost (including hidden exchange rate markup) of making a EUR-MXN transfer with banks compared by Monito.com during the past months was 10.2% of the transfer amount. This is 26.8x more expensive than sending money with the cheapest online provider alternative.
For a 300 EUR transfer, this represents a saving potential of around 29.6 EUR.
Is Western Union a good option for sending money from Germany to Mexico?

Western Union is a popular provider, with the biggest agent location network. The average cost of online money transfers from Germany to Mexico with Western Union* is 1.5% of the amount you send, whereas the cheapest online services have an average cost of 0.4%.

Remitly is the provider that is most often the cheapest for money transfers to a cash pick-up location in Mexico.

*Sending money from physical agent locations with Western Union is usually much more expensive than using their online service.
What's the cheapest provider to send money from Germany to a cash pick-up location in Mexico?

Over the past 3 months, the provider that was most often the cheapest for cash pick-up transfers in Mexico was Remitly, with an average cost of 0.9% of the amount you send (includes fees + exchange rate margin).

The average total cost to send to a bank account rather than to a pick-up location during the same period was 0.4%. Remitly was the provider most often the cheapest for transfers to bank accounts in Mexico.
What is the fastest option to send money from Germany to Mexico

The provider that was most often the fastest provider in comparisons of the past 30 days was Remitly (average fastest transfer time: In minutes)

About Money Transfers from Germany to Mexico

Monito compares 16 providers offering international money transfer services from Germany to Mexico. The total cost of the cheapest available option at any given point in the past month was 0.4% of the transferred amount. In comparison, the total cost of the most expensive provider was on average 12.2%.

💸 Number of providers	16
🏆 Cheapest provider (on average)	Remitly
💰 Lowest total cost (on average)	0.4%
💰 Highest total cost (on average)	12.2%
💸 Most transferred amount	300 EUR
⚡ ️Fastest transfer time	In minutes
💳 Pay-in options	Bank transfer, Debit card, Direct bank payment, Credit card
💵 Pay-out options	Card, Cash pickup, Bank account (via international transfer), Bank account
👍 Recommended providers	Remitly, Revolut, XE Money Transfer, TransferGo, Wise, WorldRemit, Paysend, CurrencyFair, Skrill, Moneycorp, Xendpay, OFX, Currency Solutions, Halo Financial

Best Rated Providers to Send Money from Germany to Mexico

9.5

9.1

9.0

8.8

8.8

8.5

8.5

8.4

8.3

8.3

8.3

8.0

See Monito's In-Depth Money Transfer Guides

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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.

Questions you may have

How can I use Monito to find the best option to send money to Mexico?

Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
I simply use my bank to send money to Mexico, do I really need to compare other options?

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.
Can I trust a company I found on Monito but never heard about before?

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.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?

Monito is not a money transfer company. We’re here to help you find the best way to send money to Mexico.

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.

Learn more about Monito

Monito is Trusted by 15+ Millions Users across the globe.
Monito's experts spend hours researching and testing services
Affiliate commissions we may receive never impact our independence

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.

Find the best ways to send money to Mexico from Germany

Top Providers For transfers from Germany to Mexico

Best for Transfers to a Bank Account

Best for Transfers to Cash Pickup

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Compare 12 providers for a 300 EUR transfer from Germany to Mexico

Monito's Recommendations for Sending Money from Germany to Mexico

Best Ways to Send Money from Germany to Mexico

Frequently Asked Questions

About Money Transfers from Germany to Mexico

Best Rated Providers to Send Money from Germany to Mexico

See Monito's In-Depth Money Transfer Guides

Everyone wins, except expensive solutions

Questions you may have

Why Trust Monito?

Mid-market exchange rate