Our fees are changing on transfers from USD to MXN.

TransferWise content team
29.01.18
1 minute read

We have some news. Our fees are changing on transfers from USD to MXN.

Here’s how much your transfers will now cost, depending on the amount you send:

Amount Old fee New fee Difference Payment method
$100 $3.00 $2.10 $0.90 cheaper Direct Debit
$250 $3.00 $3.40 $0.40 more Direct Debit
$500 $5.00 $5.50 $0.50 more Direct Debit
$750 $7.50 $7.60 $0.10 more Direct Debit
$1,000 $10.00 $9.80 $0.20 cheaper Direct Debit
$2,500 $25.00 $22.50 $2.50 cheaper Direct Debit
$5,000 $50.00 $43.80 $6.20 cheaper Direct Debit
$10,000 $100.00 $71.30 $28.70 cheaper Wire
$25,000 $205.00 $176.30 $28.70 cheaper Wire
$50,000 $380.00 $351.30 $28.70 cheaper Wire

The fee used to be 1% on amounts up to $10,000, and 0.7% on any remaining amount over $10,000.

The new pricing will be:

  • $1.25 + 0.85% for direct debit and debit cards,
  • $1.25 + 0.70% for wire transfers (note that your bank is likely to charge you $25-50, on top of our fees, for wires),
  • $1.25 + 2.55% for credit cards.

Borderless pricing

There are new prices for topping up your borderless account and converting from USD to MXN too. It now costs 0.70% to convert your dollars and Mex$12.20 to withdraw them into another bank account. To top up your borderless account, the fees are now:

  • 0.15% for direct debit or debit card,
  • 1.85% for credit cards,
  • Free for bank transfers.

You can read more about why we've made this change here.

TransferWise is the smart, new way to send money abroad.

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