You need to send some cash to someone in Mexico but aren’t sure how to get this right. The following are a few things you can do to send money to Mexico.
One reliable way to send money to Mexico is through Western Union. The fees are reasonable, and the person who’s going to pick up the cash can do so at numerous locations.
This company has made it a point to set up pickup and drop off locations throughout the world. You don’t need to have an account with this company to pick up the cash; you just have to pick it with a valid form of ID. On top of that, having these folks deliver the cash means it’ll be available quickly, and everyone loves speed.
PayPal is another reliable way to send money, and you don’t need to go to a specific location to pick up the cash. The cash can be sent immediately, and if you’re sending the cash to a friend or family member, then sending is free.
The person you’re sending the cash to needs to have a PayPal account to receive the money. Once the cash is received, this person can use the money as they normally would. Of course, they could also transfer to their bank account. This could be done immediately for a small fee or within a few days for free.
Every bank can send funds to another bank. You don’t have to share banks or anything; you can just send whatever amount of money you want to send to whomever you want in Mexico. The problem with banks is they charge a big fee to send money including to Mexico.
You’re going to have to prepare for that fee before you choose this route. In addition to that, the person you’re sending this money to needs to have a bank account where the money will be deposited. A bank transfer takes some time, so try to keep all of this in mind as you make your decision.
Some online companies transfer money digitally. There’s no need to visit anyone to send the money, but you need a debit card or a bank account with enough funds to cover the amount you’re sending. If you’re hoping to send money using cash alone, then this won’t work for you.
An online transfer is pretty easy and usually cheap. The money could be deposited into a bank account, or it could be picked up at an authorized location in Mexico. Be sure to find out where these locations are to make sure it’s in a convenient location for the person you’re sending the cash to.
A money order is another effective way to send funds to Mexico. This is snail mail, so keep in mind that it’ll take a second for the check to be delivered. The person you’re sending the cash to will need an address in Mexico.
It might be a good idea to purchase insurance and tracking for your letter so that you know exactly when the check was delivered to this person in Mexico. Money orders are pretty cheap, which is part of their charm, and they could be cashed nearly anywhere in Mexico. Banks will cash them but also money exchange companies. If the person you’re sending the cash to is patient, then this is a good option.
These are just some ways you can send someone money in Mexico. Consider all of these options and choose the one that fits both of you best.