How to Send Money to Mexico Online
If you are sending money or if you are making a U.S. shipment to Mexico, consider these suggestions:
1) When choosing a service, the commission or exchange rate is very important. Ask and check what the rate is.
2) If delivery is not urgent you can choose services that are not immediate delivery: usually they are cheaper.
3) Communicate with your family in Mexico so that together both you and your family get the best rates. Some banks charge for pickup.
4) In some U.S. states, the matricula consular is accepted as identification in different banks you can open an account. Through them you can make remittances at low cost. Come to the Consulate of Mexico for more information.
5) Have your family in the Mexico tell you which companies have branches closest their home. Both side should know that the transfer may generate extra expenses.
6) Find out the exact amount that you send your family in Mexico and the time it takes to receive the money.
7) Do not let the remittance company that collects your money force you to buy extra products.
8) If you suspect any abuse by the company submit your complaint to the store manager or corporate headquarters. Let your family in Mexico know as well. You may want to consider a different company to send your money with as well.
HOW TO PAY THE COMMISSION? DOES THE PAYMENT IS MADE WHEN SENDING THE MONEY OR THE RECEIVER ALSO HAS TO PAY ANYTHING?
In most cases the fee is a one-time charge that is made to the sender, but each company can determine how to cover the payment, in accordance with what is stipulated in the contract. There is a possibility that a party is charged in the United States and one in Mexico, as the company paid in Mexico may also need to charge for their services.
WHY DOES THIS TOOL NOT INCLUDE INFORMATION FOR ALL CITIES?
Who's who in the money transfer industry has focused on collecting and disseminating information on major cities where the Mexican population. Initially we started with the easy companies that we could find. We add more companies all the time (you can request we add your company. But the company must allow consumers to send money online or we will not add them to our list).
WHAT OTHER OPTIONS EXIST TO SEND MONEY TO MEXICO AND WHAT ARE ITS CHARACTERISTICS?
Bank Transfers are the most used to remit money from United States to Mexico because it is a safe and fast which you can access the money in minutes, or the next day. There are also the following ways:
No bank account transfers, are made?? remittance centers and banks that have agents in Mexico to make the payments. The procedure is very simple: go to any of these places, gives the money and the service provider transfers it to the destination within the time specified in the contract. The places where you can collect money from a transfer are varied: bank branches, exchange offices, pharmacies, gas stations, chain stores, telegraph offices, among others.
Transfers through bank accounts of transmission: it is increasingly common to open bank accounts in the United States to deposit money to the beneficiary in Mexico, who charged through a withdrawal at any ATM.
Transfers through bank accounts on both sides of the border: if you use a bank account to deposit the money in America and this is transferred to a target account in Mexico, it can achieve a significant reduction in the payment of commissions, although the process is usually later than in the case of previous methods.
Internet transfers: This service is available on the agency to transfer from credit card, debit card or a bank account. The procedure involves accessing the website of the company and indicate the account from which money will be deducted. You must also provide details of the beneficiary. On the Internet you can find several companies that offer this service if you search for "online money transfer."
Money order: buy a money order (international money order) costs three to five dollars. Usually is sent to the recipient via mail and can be cashed at banks or exchange houses, where a commission is deducted. The main advantage of these documents is their low cost, while its disadvantages are the time to wait to receive the letter and the risk it can lose.
Personal Check: impractical, because the check must be sent by mail and then the recipient must go to the bank to cash or deposit into your account.
Sending people: perhaps the least desirable method is to send in cash to an acquaintance who travels to Mexico. The risk is that the money reaches its destination or arrives incomplete. A good option is to send the person an international money order, if not charged, can be reimbursed.
HOW I CAN SEND MONEY FROM A COUNTRY OTHER THAN AMERICA?
If you are making a shipment from a country where many transfers are made in Mexico, probably no bank account wire transfers may be very limited and it may be necessary to purchase a money order or make an electronic transfer via the Internet. Another option is to buy a bank draft payable at a bank near the recipient, and send it by mail.
I CAN DO A DEPOSIT ACCOUNT IN MY COUNTRY?
You can deposit to an account through any of the forms of electronic transfer that you talked about earlier. Do not forget to check the delivery time and total cost for the service.
HOW SAFE ARE ONLINE MONEY TRANSFERS?
Please verify that it is a known company that SendMoney.com knows about. We track and have a list of all reputable companies that can help you with your transaction. All websites we link to have SSL certificates and encrypt all transactions for your security.
WHAT IS A MONEY ORDER AND WHERE DO YOU BUY THEM?
Money orders are orders that can be purchased with various brokers and transfer agents (money transmission businesses), exchange houses and stores, among others. There are two types: national, to send money around the country where you acquire, and international, to send money abroad. In any case required to pay the cost of the document (between three and five dollars usually), record the data of the recipient and sender, and the amount to send, and deliver the stated amount. You are responsible for sending the document by mail and charged the payee for the paying agent, so you should ask what are the points where you must go pay your beneficiary to collect. Remember that with this shipping option you should consider the time it takes for mail to deliver the document.