Monito compares 21 providers available for your transfer to Mexico from UK.
If you need the recipient to receive Mexican pesos in his bank account in Mexico, then the most competitive provider currently is Remitly, with no transfer fees and a competitive GBP-MXN exchange rate (current rate: 1 GBP = 29.71 MXN).
In comparison, the total cost would be 67.03 GBP (which is roughly -20x more expensive) if you selected to use Lloyds for the very same transfer.
Cash is the more convenient option for you? We also compare several money transfer companies able to send Mexican pesos for cash pick-up in Mexico: the cheapest option is currently Remitly, with zero transfer fees and a very competitive GBP-MXN exchange rate (currently at 1 GBP = 29.71 MXN).
When taking the exchange rate and the fees into account, the total cost of your transfer to a cash pick-up location in Mexico with Remitly is -3.29 GBP, in comparison the total cost of your transfer would be 18.38 GBP if you wanted to use Western Union to make the same transfer to a cash pick-up location.
This recommendation was updated a few minutes ago.
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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.
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.
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.
Monito is not a money transfer company. We’re here to help you find the best way to send money to Mexico.
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.