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Home › Solutions › Payments to and from Mexico
Solutions · Mexico

Business payments between Canada, the US and Mexico

Pay Mexican suppliers, collect from customers in Mexico and manage your peso exposure. FinXtra serves businesses in Canada, the US, the UK and Mexico.

Colourful colonial street in Mexico at sunset

How do I pay in Mexican pesos from Canada or the US?

FinXtra helps you send CAD or USD and pay in Mexican pesos (MXN), or collect pesos and convert them. You get a transparent, market-linked rate with no hidden fees and a full cost breakdown before you commit. Mexico has its own client platform and application form, so your account is set up for where you are based.

Who uses payments to and from Mexico

Canadian and US importers buying from Mexico
You pay suppliers in pesos or dollars and want to know your cost before you commit. Ask us about forward contracts to fix that cost ahead of time.
Exporters selling into Mexico
You invoice in MXN or USD and need the Canadian dollar value to hold. Locking a rate protects it.
Mexico-based businesses
You pay or receive money in CAD, USD or other currencies and want clear pricing. Mexico has its own FinXtra platform and application form.

How payments to and from Mexico work with FinXtra

1
Free 20-minute FX analysis
We review the currencies, amounts and timing of your payments to and from Mexico.
2
Open your account
Use the application form for Canada, the US or Mexico, depending on where you are based. Opening an account is free.
3
Fund and pay
Fund your transaction on the platform and we execute it, with a full cost breakdown before you commit.
4
Hedge when it makes sense
If your exposure repeats, we can lock rates with forward contracts so your Mexico costs and revenues are predictable.

Manage peso exposure

If you buy from or sell into Mexico regularly, your margin depends on the CAD/MXN or USD/MXN rate. Forward contracts, limit orders and a free analysis from FinXtra give you ways to plan around it instead of reacting to it. Ask us which tools suit your currency pair and timing.

One partner for Canada, the US, the UK and Mexico

  • Clients served in Canada, the US, the UK and Mexico.
  • Transparent pricing. A full cost breakdown before you commit.
  • Access to wholesale FX liquidity, usually reserved for large corporations.
  • 135+ currencies.
  • A dedicated adviser before and after onboarding.
Marcus C.Director, Property Development
★★★★★

"I have been very satisfied working with FinXtra all my referrals receive the best treatment in any currency they need to transfer. I am extremely satisfied with the level of service and quality of detail received. A great partnership win win for everyone."

All testimonials, reviews and opinions presented on our website are applicable only to those individuals named, may not be a representative experience of others and cannot be independently verified. Results will vary and we do not take responsibility for any testimonials, reviews and opinions as the information cannot be independently verified. Customers agree to proceed at their own will and risk.

Payments to and from Mexico: common questions

Can I send money to Mexico in pesos?

Yes. Mexican pesos (MXN) are among the currencies we handle. Contact us to confirm availability for your amount, direction and timing.

Do you serve clients based in Mexico?

Yes. FinXtra serves clients in Canada, the US, the UK and Mexico. Mexico has its own platform and application form.

Can I lock a CAD or USD to MXN rate?

Forward contracts let you lock a rate for up to five years. Availability depends on the currency pair, so we confirm it for MXN during your analysis.

How can I fund a payment?

Options include bill payments, electronic funds transfers, bank wire transfers and pre-authorized direct debits. For security and regulatory compliance, cheques and cash are not accepted.

Are there account opening fees?

Opening an account is completely free, and you get full access to the platform.

Is FinXtra regulated?

FinXtra works with Ebury, which provides the payment and foreign exchange services. Ebury Canada is registered with FINTRAC, and all client funds are held with Ebury Canada in line with regulatory standards. See the regulatory disclosure at the bottom of this page for the US, UK and Mexico.

Payment and foreign exchange services are provided by Ebury under its terms and conditions. Exchange rates move, so the amount you pay or receive depends on the rate when you transact. This page is general information, not financial advice.