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Xoom USD to MXN Foreign Transfer Rates Today

The best USD to MXN rate is 16.58. We help you save money by comparing Xoom USD to MXN exchange rates to the latest market rate and those offered by leading FX providers.

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Sending money to Mexico can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Mexico bank accounts or pay a Mexican peso invoice.

 

Xoom at a glance

Xoom is an online international money transfer service that offers a secure and fast way to send money from either bank account or credit card from their website to friends and family.

With the Xoom bank deposit service, consumers can send money directly to bank accounts in Argentina, Australia, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, France, Germany, Guatemala, Honduras, India, Ireland, Italy, Jamaica, Mexico, Netherlands, Nicaragua, Panama, Peru, the Philippines, Poland, Spain, the United Kingdom, Uruguay and Vietnam.

Xoom offers cash pickup service to the following countries (number of locations as of 1/3/2013): Argentina (68), Bolivia (333), Brazil (3,798), Chile, (172), Colombia (981), Costa Rica (87), Dominican Republic (367), Ecuador (989), El Salvador (895), Guatemala (2,101), Honduras (692), Jamaica (494), Mexico (15,374), Nicaragua (150), Panama (18), Peru (1,073), Philippines (10,951), and Uruguay (279).

Home delivery services are offered to the Dominican Republic and the Philippines.

Consumers pay for Xoom money transfers using funds from their U.S. bank account, credit card, or debit card. The money transfers are paid out in either U.S. dollars or in local currency.

A popular alternative to Xoom is WorldRemit

     

Currency Country Guides

United StatesUnited States (USD)MexicoMexico (MXN)
 

Is Mexico a good place for Americans to retire to?

Mexico can be a good place for Americans to retire to, as it offers a lower cost of living and a warm climate in many areas. However, it is important to keep in mind that Mexico has its own unique culture and way of life, which may take some getting used to.

Additionally, it is important to be aware of the potential risks and hazards that can come with living in a foreign country, such as crime and political instability. It is also important to research the area you plan to retire to and understand the local laws and customs. Consulting with a financial advisor and attorney before making any decisions is also advisable.

Read more at our Mexico (MXN) country guide

   
 

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