To send a bank transfer to Mexico with MAJORITY, enter your recipient's 18-digit CLABE and pick their bank, then confirm the rate and amount in the app.
Quick answer
A bank transfer moves US dollars from your account directly into your recipient's Mexican peso (MXN) bank account. You will need your recipient's full name as it appears on their bank account, their bank's name, and their 18-digit CLABE (the Mexican interbank account number). Once you confirm the amount and exchange rate in the app, most transfers land in the recipient's Mexican bank in under an hour, though the documented range is 30 minutes to 5 business days depending on the receiving bank.
What you need to know
- A bank transfer deposits MXN directly into your recipient's account at a Mexican bank such as BBVA Bancomer, Banorte, Santander, HSBC, Banco Azteca, Scotiabank, or Nu México.
- The Mexican equivalent of an account number is the CLABE (Clave Bancaria Estandarizada): an 18-digit interbank account identifier that uniquely points to a single account at a single Mexican bank.
- The 18-digit CLABE is what you enter in the app; a regular 10- or 11-digit account number alone is not enough for an interbank transfer to Mexico.
- Delivery time for a bank transfer to Mexico is 30 minutes to 5 business days, and most Mexico transfers complete in under 1 hour.
- The live exchange rate and the MXN amount your recipient will receive are shown in the app before you confirm the transfer.
- Bank transfers are included in the membership at $0 per transfer; the membership itself is $5.99 per month.
What you need before you start
A bank transfer to Mexico is a 3-input process: who is receiving, where the money is going, and how much you are sending. Before you open the app, gather the following from your recipient:
- Full name on the bank account. The recipient's name must match the account holder name exactly as the Mexican bank has it on file. A mismatched name is the most common reason a transfer is held or returned.
- Bank name. The Mexican bank that holds the account, such as BBVA Bancomer, Banorte, Santander, or Banco Azteca. The supported banks appear in a dropdown when you set up the recipient.
- 18-digit CLABE. Your recipient can find their CLABE in their bank's mobile app, on a recent bank statement, or by asking a teller at their branch. The 18 digits identify the bank, the branch, the account, and a check digit, which together route the deposit to the correct account on the first try.
- Your government-issued ID on file. Your verified ID is required as the sender. Once your account is opened, this step is done and does not need to be repeated for each transfer.
If the CLABE has fewer or more than 18 digits, it is not valid. Double-check the number with your recipient before confirming.
Mexican banks supported for bank transfers
Direct deposits are supported to most major Mexican banks, including national networks, digital-first banks, and regional institutions. The list below covers the institutions named in the in-app recipient dropdown and the supporting help article on sending money to Mexico.
| Bank type | Examples |
|---|---|
| National retail banks | BBVA Bancomer, Banamex, Banorte, Santander, HSBC, Scotiabank, Inbursa |
| Specialist consumer banks | Banco Azteca, Compartamos, Bansefi |
| Digital banks | Nu México, Hey Banco |
| Regional banks | Banregio, Bajío, Afirme, Mifel, Banco BASE, Intercam |
| Investment and corporate | Actinver, GBM, Invex, Bancomext, American Express |
The app shows the current full list when you add a recipient. If your recipient's bank is not in the list, ask whether they hold an account at one of the named partners, or consider sending via cash pickup or mobile wallet instead.
Step-by-step: send a bank transfer to Mexico
The whole process happens inside the app. The process below is the standard path for a first-time bank transfer to a new recipient.
- Open the app and tap Send money.
- Select Mexico as the destination country.
- Select Bank transfer as the delivery method. The alternatives are mobile wallet via Mercado Pago and cash pickup at retailers like OXXO.
- Add your recipient. Enter their full name, select their Mexican bank from the dropdown, and enter their 18-digit CLABE. Save the recipient so you can reuse the details next time.
- Enter the USD amount you want to send. The app immediately shows the current USD-to-MXN exchange rate and the exact MXN amount your recipient will receive.
- Review the transfer summary. Confirm the recipient name, the bank, the CLABE, the USD amount, the MXN amount, the exchange rate, and the estimated delivery time before tapping confirm.
- Authenticate with your PIN or biometrics and submit the transfer.
- Track the transfer on the activity screen. A notification arrives when the funds are released and another when they are deposited to your recipient's Mexican bank.
If anything looks off in the summary screen, do not confirm. Tap back, fix the detail, and review again. A returned transfer because of an incorrect CLABE or name can take several business days to resolve.
How long a Mexico bank transfer takes
The documented delivery range for a bank transfer is 30 minutes to 5 business days. In practice, the Mexico destination is one of the fastest because the Mexican interbank system (SPEI, operated by Banco de México) settles 24/7 in near real time. Most Mexico bank transfers complete in under 1 hour once the funds are released to the receiving bank.
A few things can push delivery toward the longer end of the range:
- Weekend or public holiday. Some receiving banks post foreign-currency deposits only on business days, even though SPEI itself runs 24/7.
- First transfer to a new recipient. Some banks apply an additional compliance check on the first inbound transfer to a recipient.
- Mismatched recipient details. A name that does not match the account, an invalid CLABE, or a closed account triggers a manual review and can delay or return the transfer.
- Large amount. Transfers above certain thresholds may be reviewed for compliance.
The in-app estimated delivery time is the most accurate number for your specific transfer. It accounts for the receiving bank, the time of day, and any holiday in either country.
What it costs to send a bank transfer to Mexico
A bank transfer to Mexico through the membership has two cost components: the monthly membership and the exchange rate.
- The monthly membership is $5.99 per month. It includes unlimited international money transfers in supported countries, including Mexico, at $0 per transfer regardless of delivery method.
- The exchange rate is the rate at which your US dollars convert to Mexican pesos at the time you confirm the transfer. The rate and the resulting MXN amount appear in the app before you submit, so you can decide based on the actual number your recipient will receive.
There is no per-transfer fee on bank transfers to Mexico at the member tier, and there is no separate charge for using the CLABE option over other delivery methods. The Mexican receiving bank typically does not deduct a fee on local-currency (MXN) deposits, though policies vary by institution.
What to do next
- Confirm with your recipient that they want a bank deposit (vs. cash pickup or a mobile wallet), and ask them to send you their 18-digit CLABE, full account-holder name, and bank name.
- Open the app, tap Send money, select Mexico, and choose Bank transfer.
- Add the recipient with the details from step 1, enter the USD amount, review the rate and MXN total, and confirm.
- Save the recipient. After the first successful transfer, subsequent sends are a 2-tap process.
How MAJORITY can help
MAJORITY is a financial membership for migrants in the US that includes money transfers to more than 30 countries, including Mexico. Bank transfers to Mexico land in your recipient's account at most major Mexican banks, with the exchange rate and estimated delivery time shown in the app before you confirm. There is no per-transfer fee at the member tier, and the membership is $5.99 per month.
Frequently asked questions
What is a CLABE and where does my recipient find it?
A CLABE (Clave Bancaria Estandarizada) is the 18-digit interbank account number used in Mexico to route deposits between banks. Your recipient can find their CLABE in their bank's mobile app, on a recent bank statement, or by asking at their branch. The 18 digits encode the bank, the branch, the account, and a check digit.
Can I send a bank transfer to Mexico without a CLABE?
No. The CLABE is the routing identifier the Mexican interbank system needs to deposit money to a specific account. If you only have a 10- or 11-digit account number, ask your recipient to look up the matching 18-digit CLABE in their banking app or statement before you start the transfer.
Which Mexican banks are supported for bank transfers?
Bank transfers are supported to most major Mexican banks, including BBVA Bancomer, Banamex, Banorte, Santander, HSBC, Banco Azteca, Scotiabank, Inbursa, Nu México, Hey Banco, Banregio, Compartamos, and others. The full list is shown in the app when you add a recipient.
How long does a bank transfer to Mexico take?
The documented delivery time is 30 minutes to 5 business days, with most Mexico bank transfers completing in under 1 hour because Mexico's interbank system (SPEI) settles in near real time. The in-app estimate is the most accurate number for your specific transfer.
Is there a fee to send a bank transfer to Mexico?
There is no per-transfer fee on bank transfers to Mexico at the member tier. The monthly membership is $5.99 and includes unlimited bank, cash-pickup, and mobile-wallet transfers to Mexico. The exchange rate at the time of the transfer applies, and both the rate and the MXN amount appear in the app before you confirm.
What ID do I need to send an international bank transfer from the US?
To open an account and send international transfers, you need an international government-issued ID such as a passport, a driver's license, or a Mexican matrícula consular. No US Social Security Number is required. Once the account is open, the verified ID is on file and no additional ID is required for each transfer.
What happens if I enter the wrong CLABE or name?
If the CLABE points to a closed or non-existent account, the transfer is typically held and returned to your balance after the receiving bank rejects it. If the name does not match the account holder on file, the transfer is held for manual review. In both cases, contact support through the app to resolve and reissue the transfer.
Disclosures
The MAJORITY app facilitates banking services through Axiom Bank, N.A. ("Axiom"), Member FDIC. The funds deposited in the account held at Axiom, Member FDIC, are FDIC-insured on a pass-through basis up to $250,000 per depositor in the event Axiom fails and subject to the satisfaction of certain conditions. Non-deposit products or services such as money transfers and telecom services are not FDIC-insured.
MAJORITY Visa® Debit Card is issued by Axiom Bank, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc.