WISE - All required important information of a leading money transfer service provider (2024)
Pros and Cons, Brief Summary and much more information
wise USD to MXN Rate1 USD = 19.6807 MXN
What we like about wise
- Transfer amount as low as $2
- Transparency in fees/coversion rates
- Offers online fees calculator
- Wire transfer upto $1,000,000
- Excellent customer reviews
- Pay by debit card upto $2000 for fees of around 0.744% plus Wise fees around 0.7%
What we don't like about wise
- Less favorable exchange rates than major competitors
- 0.7% wise fees in addition to transfer fees on all transaction
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Brief Summary for Wise (USD-MXN)
Wise is a reliable provider of global remittance services that offers competitive exchange rates for converting US Dollar to Mexican Peso, making it easy for individuals to send money from the US to Mexico. Wise places a high value on customer satisfaction and ensures the safety of transactions through encryption. With efficient payment methods, Wise is a dependable option for sending money overseas and has received positive feedback from its clients. As a trustworthy peer-to-peer currency exchange platform, Wise provides a fast, secure, and cost-effective solution for personal and business international money transfers.
Wise offers several payment methods with best USD to MXN exchange rates. You can either choose to make a card payment, that is, you can use both debit or credit card, or you can choose direct debit or bank ACH. The receiver will get the funds in their bank account, as they do not have any cash pick-up points in Mexico. Irrespective of the payment method, the receiver will get the fund in their bank account in about 4 to 5 business days. You can send up to $6,000,000. For Direct Debit transactions, customers will be charged a fee of $0.76 USD plus a percentage of the transaction amount based on the following tiers: 0.72% for transactions between $1 and $100,000 USD, 0.68% for transactions between $100,001 and $2,000,000 USD, 0.65% for transactions between $2,000,001 and $5,000,000 USD, and 0.64% for transactions between $5,000,001 and $6,000,000 USD. A noteworthy point is that the card transfer may not have competitive exchange rates compared to its counterparts, and the currency exchange rate may vary depending on the amount being transferred.
Wise is a global remittance service provider that offers competitive exchange rates for converting US dollars to Mexican peso, making it convenient for individuals to transfer money from the US to Mexico. The company also offers referral programs and loyalty promotions to its existing customers who want to send money to Mexico.
Steps to send money to India using Wise (USD-MXN)
Wise (USD-MXN) FAQs (Frequently Asked Questions)
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