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transfers to MEXICO

how to send to Mexico account format of mexico

Written by Michael VP SUCCESS

Here's a guide on Mexican bank account formats:

All transfers require a local bank account in the Clabe format

1. Clabe:

- The Clabe (Clave Bancaria Estandarizada) is a standard bank account number used in Mexico. It consists of 18 digits and is commonly used for interbank transactions and electronic transfers within Mexico.

- The Clabe is structured as follows:

- First 3 digits: Bank Identifier

- Next 3 digits: Branch Office Identifier

- Next 11 digits: Account Number

- Last 1 digit: Control Digit (calculated based on a mathematical algorithm)

2. International Bank Account Number (IBAN):

- Mexico does not currently use the IBAN system. The Clabe is primarily used for domestic bank transfers within Mexico.

  • At NEEMA you can transfer to all banks in Mexico using the CLABE service and to the mobile wallet unipagos.

  • Receivers can only receive local currency (mexican Peso MXN)

NEEMA Rate and Fees

Neema is here to offer you the best possible rates for your money transfers 💱

You can easily view all the rates by clicking on the "Rates" button.

  • You can enter a desired amount to send or the amount you want the recipient to receive, and the system will calculate the corresponding amount for you 🤩.

  • If you'd like to include transfer fees, simply enable the "Include Transfer Fees" option.

  • You can save rates to the “My rates” section by clicking “Add to favorites” (you can save up to 4 favorite rates)

•Images used for illustration purposes only:

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