Money transfer · CAD → MXN · from Toronto
Send money to Mexico.
Send Canadian dollars to bank accounts across Mexico, delivered in pesos. One of the most popular transfer routes from Toronto — pesos are priced individually by our dealer, so you get a firm rate before you send and no commission.
Get your Mexican pesos rate
Mexican pesos are priced by our dealer for each transfer, so you get a firm rate before you send — usually within minutes during business hours.
- Tell us the amount in CAD or MXN
- We quote and lock your rate
- Pay us, and we wire it to Mexico
What you need from your recipient
Recipient's full name
Exactly as it appears on their Mexican bank account.
CLABE
The 18-digit CLABE interbank number — Mexico's standard for receiving transfers.
Bank name
For example the name of their bank in Mexico; the SWIFT code if they have it.
Purpose of the transfer
For example family support or a property payment.
How sending money to Mexico works
Quote & lock
Tell us the amount and we quote CAD → MXN off the interbank rate, with no commission. The rate is fixed when you book.
MinutesVerify & pay
Government photo ID, and source of funds on larger amounts, as FINTRAC requires. Pay by e-transfer, EFT, wire, cheque or at our office.
Same dayWe send it
We wire Mexican pesos to your recipient's account in Mexico and send you written confirmation with the reference.
Usually 1–2 business daysWhy Toronto sends money to Mexico
Whatever the reason, you get a real dealer, a firm rate before you send, and a documented transfer from a FINTRAC-registered Money Service Business (MSB M23907027).
- Family support and remittances
- Paying for property, rent or construction
- Business and supplier payments
- Tuition and living costs
- Moving savings when relocating
Send money to other countries
All destinations →- Send money to England CAD → GBP · British pounds 1 CAD = 0.5243 GBP
- Send money to the USA CAD → USD · US dollars 1 CAD = 0.7084 USD
- Send money to Germany CAD → EUR · euros 1 CAD = 0.6192 EUR
- Send money to Dubai CAD → AED · UAE dirhams 1 CAD = 2.6110 AED
- Send money to South Korea CAD → KRW · South Korean won Rate quoted by our dealer
- Send money to China CAD → CNY · Chinese yuan 1 CAD = 4.7192 CNY
- Send money to the Philippines CAD → PHP · Philippine pesos 1 CAD = 44.8597 PHP
- Send money to Turkey CAD → TRY · Turkish lira 1 CAD = 35.0822 TRY
Mexico transfer questions
How long does a transfer to Mexico take?
Most transfers to Mexican accounts arrive within one to two business days of booking. You get written confirmation with the transaction reference as soon as the wire is sent.
What is a CLABE and why do I need it?
A CLABE is the 18-digit interbank number every Mexican bank account has. It is the most reliable way to route an international payment to the right account, so ask your recipient for it.
Why is the peso rate quoted by phone?
Mexican pesos are priced individually for each transfer rather than shown on our live board, so you get a firm rate from the dealer before you commit — call the desk or send a quote request.
Is Diplomat Exchange licensed?
Yes. Diplomat Exchange Inc. is registered with FINTRAC as a Money Service Business under MSB number M23907027, and follows Canadian record-keeping and reporting requirements on every transaction.