Receiving country · World Bank RPW · MX
Send money to Mexico
Annual WDI inflows land in the upper fleet tercile ($64.4B) with 1 tracked source corridors into Mexico.
- 4.8%
- Avg inbound cost
- 0.4%
- Cheapest · from United States
- $64.4B
- Received per year
- 1
- Source corridor
WDI-inflow tercile vs fleet
Mexico pulls in $64.4B a year, upper fleet tercile (above ~$10.1B), ranking #2 of 53 by WDI inflow. Average inbound cost is 4.8%.
- #2 of 53
- WDI inflow corpus rank
- 4.8%
- average inbound cost
- 0.4%
- cheapest source: United States
- $64.4B
- received annually
Cheapest Ways to Send Money to Mexico
All Corridors to Mexico
| # | From | Avg cost | Cheapest | Cheapest provider |
|---|---|---|---|---|
| 1 | United States | 4.8% | 0.4% | Xoom |
Large remittance inflows into Mexico
Mexico pulls in about $64.4B a year (upper inflow tercile, above ~$10.1B) across 1 RPW source corridors at 4.80% average inbound cost.
The three cheapest inbound corridors to Mexico right now are from United States at 0.39% via Xoom. These are floor prices on a $200 transfer into Mexico, fee plus FX margin.
For senders pointing money toward Mexico, compare the cheapest provider on the specific corridor rather than defaulting to a household brand.
About Mexico inbound data
PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This country's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.
Average inbound cost 4.80%; 1 source corridor tracked to Mexico; vintage 2026-08-10.
Frequently Asked Questions
How much money is sent to Mexico each year?
Mexico receives about $64.4B a year - upper inflow tercile among WDI-tracked receivers - from 1 RPW source countries at 4.80% average inbound cost.
What is the cheapest way to receive money in Mexico?
On World Bank RPW $200 sends, the cheapest inbound floors into Mexico are from United States, as low as 0.39%. Country average inbound cost is 4.80% (lower fleet tercile).
How have remittance costs to Mexico changed over time?
Mexico's current average inbound cost is 4.80%, below the fleet lower tercile (~5.3%) and 1.6 pp under the ~6.4% global RPW average. RPW has tracked this receive market since 2011.
Where does Mexico sit among remittance-receiving countries?
According to World Bank WDI remittance inflows among 53 tracked receiving countries on PlainRemit, Mexico ranks #2 of 53 by annual dollars received. /send-to browses alphabetically; this inflow ordinal matches the largest-receivers research ranking.