4 steps for sending money to Mexico from the US
In 2021, there were about 10.7 million Mexican immigrants living in the US. And in looking for opportunities to improve their lives, some of these immigrants had to make the difficult choice to move from their home country, parting with their friends and family for long stretches of time.
Thankfully, with innovative technology, you are able to remain connected with loved ones, despite physical distance, whether that’s emotionally, mentally or financially.
Financially supporting loved ones through digital remittances
Between paying for medical bills, housing, food, schooling and more, people all over the world are doing what they can to earn a proper wage to meet their living needs. We hear from our customers that in addition to their own needs, they are often caring for loved ones back home by offering financial support to cover the basic necessities.
To do this, they need a reliable, easy and safe money transfer option that gets funds to their recipient when they need it. While traditional banks or remittance outlets have been a go-to in the past, digital money transfer services like Paysend are changing the game, making the process quick, convenient and secure without ever having to leave your home. In fact, with Paysend, all you need is a smart device and the following four-step directions, and you can start sending money to Mexico in just minutes.
Send money to Mexico in 4 easy steps
By making it easy, quick and affordable to send money, Paysend can help you better support loved ones living in Mexico. In fact, one customer said, “I love Paysend so much because it allows me to make immediate transfers at the exchange rate that I see on the Internet.”
Here’s how it’s done in just four easy steps:
Step 1: Download the Paysend Global Transfers app* from the App Store or Google Play and create an account.
Step 2: Once set up, select send money, choose Mexico as your receiving country and enter the amount you wish to send.
Step 3: Enter your recipient's card, bank, or wallet details then select how you want to transfer money such as through your bank account or a card account.
Step 4: Click “confirm.”
Just like that your money transfer will begin processing. What’s more, your recipient won’t have to wait long to start spending as 90% of our transfers arrive in 15 seconds or less.
Want to learn more about Paysend and what we can do for you and your loved ones living in Mexico? Check out this blog for our list of most popular FAQs.
*Standard data rates from your wireless service provider may apply.
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Here's the short answer: yes, you can use a credit card to get money into someone's bank account abroad. "Credit card to bank transfer" means exactly that — you fund the transfer with your credit card, and your recipient receives it in their bank account. Or on their card, in their wallet, or as cash to collect, depending on where they are.
The card and the bank account do different jobs. Your card pays for the transfer. A provider like Paysend then pays the money out through local systems on the other end. It's one flow, and it takes about a minute in the app.
One thing worth knowing before you start: a credit card is usually the most expensive way to fund a transfer. Some issuers treat it as a cash advance, and credit tends to carry higher payment fees than debit. You'll always see the full cost, exchange rate included, before you confirm anything. What follows is: the ways your money can arrive, what each one costs, how fast it gets there, and the cheaper routes worth checking first.
每个月，数以千计在捷克工作的人都会把部分工资寄回家——其中许多是支持着边境另一边家人的乌克兰人。而传统方式让本应简单的事情变得更复杂：银行汇款需要 IBAN 和 SWIFT 代码，手续费往往在钱汇出后才显现，还要等上好几天，而家里的人正等着这笔钱应急。
多年来，Pavel Štich 一直在帮助他的读者解决这个问题。他是 Moneyo.cz 的联合创始人兼财经主编——这是一个独立的捷克平台，专门比较汇款服务、股票经纪商和另类投资；同时他也是 Paysend 大使，这意味着他会亲自试用自己推荐的一切，用通俗易懂的方式讲解，并为读者带来专属福利。我们请他谈了谈 Moneyo 是如何诞生的、谁在阅读它，以及他为什么选择了 Paysend。
