Pay Mexican bank accounts in pesos from your USD account. Altitude converts the funds and sends them by SPEI, and you see the rate and the exact amount the recipient gets before you send.
Sending USD to a Mexican account instead? See our international payment guide.
Paying an invoice in pesos? Start from Pay and enter the invoice total as the amount the recipient receives.
Send an MXN payment
Select Pay from the dashboard.
Choose the recipient, or add a new one with Mexican peso as the currency. You'll need their 18-digit CLABE and address.
Pick their CLABE account. SPEI is selected automatically.
Choose the USD account to pay from and enter the amount, in USD or MXN.
Add a reference, invoice details or attachments if you need them, then select Create.
Approve the payment in your Inbox to send it.
Use a reference your recipient will recognise. MXN payments are sent by our payment partner, not under your business name, so the reference is how the recipient knows the payment is from you. It can be up to 40 letters, numbers or spaces.
Exchange rate and fee
MXN payments cost 0.4% above the mid-market rate, built into the rate shown and the same at any volume.
The recipient gets exactly the amount quoted.
The quote refreshes every 30 seconds. Once you send, the rate is fixed, even while the payment waits for approval.
The rate and fee are saved with the payment and appear on its confirmation PDF.
If a payment is returned, the funds convert back to USD at the rate on the day of the return.
See How payments work for how rates are set.
Timing and limits
SPEI runs 24/7. Payments usually arrive within 30 minutes, plus time for any compliance review.
The minimum is 100 MXN per transfer, with no maximum.