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Best Ways to Send Money from Spain to Mexico

Country from
Country to
You send
To
  • 10,000 EUR =
    240,153 MXN
    2 days
    Best deal
    Monito Score
    9.5
    Go to Wise
    You pay
    10,000 EUR
    Payment options
    • Bank transfer 2 days
      75.16 EUR
    • International bank transfer 3-5 days
      75.16 EUR
    Exchange rate
    Wise's exchange rate (1 EUR = 24.1972 MXN) is 0.01% worse than the mid-market exchange rate, adding 1.07 EUR to the total cost of this transfer.
    1.07 EUR
    240,153 MXN
    arrives in Mexico
  • 10,000 EUR =
    239,374 MXN
    Same day
    Get 5 EUR off your first transfer
    779.34 MXN less than with Wise
    Monito Score
    8.4
    Go to Skrill
    Get 5 EUR off your first transfer
    You pay
    10,000 EUR
    Payment options
    • Credit card Same day
      0 EUR
    • Debit card Same day
      0 EUR
    • Direct bank payment Same day
      0 EUR
    • Bank transfer 3-5 days
      0 EUR
    • Cash 3-5 days
      0 EUR
    Exchange rate
    Skrill's exchange rate (1 EUR = 23.9374 MXN) is 1.08% worse than the mid-market exchange rate, adding 108.43 EUR to the total cost of this transfer.
    108.43 EUR
    239,374 MXN
    arrives in Mexico
  • 10,000 EUR =
    239,354 MXN
    3-5 days
    Zero transfer fees on 1st transfer with code MONITO
    799.84 MXN less than with Wise
    Monito Score
    9.1
    Go to TransferGo
    You pay
    10,000 EUR
    Payment options
    Zero transfer fees on 1st transfer with code MONITO
    Offer valid for TransferGo new customers only. Apply the MONITO code during the transfer process to get the discount. You only pay the exchange rate margin.
    • Debit card 3-5 days
      0.99 EUR 0 EUR
    • Credit card 3-5 days
      0.99 EUR 0 EUR
    • Bank transfer 3-5 days
      0.99 EUR 0 EUR
    Exchange rate
    TransferGo's exchange rate (1 EUR = 23.9712 MXN) is 0.94% worse than the mid-market exchange rate, adding 94.49 EUR to the total cost of this transfer.
    94.48 EUR 94.49 EUR
    Bank fees
    Because TransferGo doesn't use a local bank account to pay out the transfer, additional fees may be applied by the receiving bank. We estimate an amount of 14.79 EUR, however the exact amount varies from bank to bank.
    14.79 EUR
    239,354 MXN
    arrives in Mexico
  • 10,000 EUR =
    239,297 MXN
    2 days
    856.48 MXN less than with Wise
    Monito Score
    8.9
    Go to Paysend
    You pay
    10,000 EUR
    Payment options
    • Debit card 2 days
      0 EUR
    Exchange rate
    Paysend's exchange rate (1 EUR = 23.9297 MXN) is 1.12% worse than the mid-market exchange rate, adding 111.62 EUR to the total cost of this transfer.
    111.62 EUR
    239,297 MXN
    arrives in Mexico
  • 10,000 EUR =
    239,292 MXN
    Same day
    861.34 MXN less than with Wise
    Monito Score
    8.1
    Go to Small World
    You pay
    10,000 EUR
    Payment options
    • Bank transfer Same day
      0 EUR
    Exchange rate
    Small World's exchange rate (1 EUR = 23.9292 MXN) is 1.12% worse than the mid-market exchange rate, adding 111.82 EUR to the total cost of this transfer.
    111.82 EUR
    239,292 MXN
    arrives in Mexico
  • 10,000 EUR =
    236,800 MXN
    Same day
    Preferential fee and/or exchange rate only on your first transfer
    3,353.34 MXN less than with Wise
    Monito Score
    9.0
    Go to Remitly
    You pay
    10,000 EUR
    Payment options
    Preferential fee and/or exchange rate only on your first transfer
    Offer valid for Remitly new customers only.
    • Debit card Same day
      2.99 EUR 0 EUR
    • Credit card Same day
      2.99 EUR 0 EUR
    Exchange rate
    Preferential fee and/or exchange rate only on your first transfer
    Offer valid for Remitly new customers only.
    Remitly's exchange rate (1 EUR = 23.6800 MXN) is 2.15% worse than the mid-market exchange rate, adding 214.80 EUR to the total cost of this transfer.
    235.39 EUR 214.80 EUR
    236,800 MXN
    arrives in Mexico
  • 10,000 EUR =
    229,654 MXN
    3-5 days
    10,499.01 MXN less than with Wise
    Monito Score
    5.4
    Go to PayPal
    You pay
    10,000 EUR
    Payment options
    • PayPal 3-5 days
      3.99 EUR
    • Bank transfer 3-5 days
      3.99 EUR
    Exchange rate
    PayPal's exchange rate (1 EUR = 22.9746 MXN) is 5.06% worse than the mid-market exchange rate, adding 506.09 EUR to the total cost of this transfer.
    506.09 EUR
    229,654 MXN
    arrives in Mexico

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

Our comparison engine found 14 options available for sending money to Mexico from Spain.

To send euros to a bank account in Mexican pesos in Mexico, the cheapest provider currently is OFX, with zero transfer fees and a competitive EUR-MXN conversion rate (currently at 1 EUR = 24.1972 MXN).

Adding the fees and exchange rate margin, the total cost with OFX is 42.97 EUR, compared to that, the total cost of your transfer would be 510.08 EUR (around 12x more expensive) if you selected to use PayPal for the very same transaction.

Two other competitive providers could also be good alternatives to OFX: Wise and XE Money Transfer.

If your recipient wants to receive Mexican pesos in cash where they live in Mexico, then the cheapest provider currently is WorldRemit, with 4.99 EUR for the transfer fees and a competitive EUR-MXN exchange rate (currently at 1 EUR = 24.1813 MXN).

Adding the fees and exchange rate margin, the total cost for a cash transfer with WorldRemit is 12.62 EUR, in comparison you would pay a total cost of 214.8 EUR if you were to use Remitly to make the same transaction.

This recommendation was updated a few minutes ago.

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Monito's Recommendations for Sending Money from Spain 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 Spain to Mexico:

recommendation icon

Best Ways to Send Money from Spain to Mexico

  • The best rated: Wise  (9.5/10) and TransferGo  (9.1/10)
  • The cheapest: Azimo
  • The fastest: Azimo
  • Best cash pick-up network in Mexico: WorldRemit
  • The best rated (transfer to cash pick-up): Remitly  (9/10)

FAQ about money transfers from Spain 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.

Questions you may have

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.

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Affiliate Disclosure
Instead of banner ads and paywalls, Monito makes money through affiliate links to the various payment service providers featured on our website. While we work hard to scout the market for the best deals, we're unable to consider every possible product available to you. Our extensive range of trusted affiliate partners enables us to make detailed, unbiased, and solution-driven recommendations for all types of consumer questions and problems. This allows us to match our users with the right providers to suit their needs and, in doing so, match our providers with new customers, creating a win-win for everybody involved. However, while some links on Monito may indeed earn us a commission, this fact never impacts the independence and integrity of our opinions, recommendations, and evaluations.