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Transfers to a bank account
The 10 best options to transfer GBP to a bank account in Mexico
Cash pick-up at an agent location
The 3 best options to send GBP for cash pick-up at agent locations in Mexico
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We currently compare 13 money transfer providers offering money transfers to Mexico from the United Kingdom.
If the beneficiary of your transfer wants to receive in a bank account in Mexico, then the most competitive provider currently is InstaReM, with 0.7 GBP for the transfer fees and a very competitive GBP-MXN conversion rate (their current exchange rate is 1 GBP = 25.3462 MXN).
In comparison, the total cost would be 48.3 GBP (which is approximately 63x more) if you selected to use Barclays to make the same transfer.
Two other options could also be good alternatives to InstaReM: Azimo and TransferWise.
If the person you're sending money to wants to receive in cash at an agent location in Mexico, then the cheapest provider currently is Azimo, with zero transfer fees and a very competitive GBP-MXN exchange rate (currently at 1 GBP = 24.5295 MXN).
In comparison, the total cost of your transfer would be 11.86 GBP if you were to use Western Union for the very same transaction.
This recommendation was updated a few minutes ago.
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.
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!