Use Peanut in Mexico

Add pesos through an eligible SPEI transfer, hold digital dollars, and use supported transfers or QR payments when you travel.

Create a Peanut account

Peanut supports MXN bank deposits and withdrawals for eligible verified users in Mexico. You can also deposit and withdraw supported digital dollars. A bank account alone does not establish access: complete verification and use the routes shown for your account.

Mexico uses MXN, and SPEI is the supported local bank-transfer route for eligible verified users. A recipient account is identified by its 18-digit CLABE. CoDi merchant QR support is a separate planned integration.

Add pesos to your balance

There are two ways to add pesos by SPEI. An MXN account gives you an 18-digit CLABE that you open once (Accounts → Open new account → Open MXN account) and reuse for every payment, with no reference. Your own bank can pay in up to 1,000,000 MXN, a company with no limit, and another person up to 15,000 MXN in total. Details for one deposit carry a reference: copy it exactly. The amount does not have to match, because your balance is credited with what arrives. Follow the current instructions for each one-off deposit instead of reusing old details.

Your pesos convert into a digital-dollar balance. Conversion costs are included in the displayed exchange quote; a bank transfer is not automatically a free currency conversion. Your sending bank may also apply its own charges. See the SPEI deposit guide before making your first transfer.

Get started in Mexico

1. 1

   Check your account

   Create your Peanut account and complete the verification required for bank transfers. Check which methods are available.

2. 2

   Choose how to add money

   For MXN, use the current SPEI deposit instructions. For a digital-dollar deposit, match the exact currency, network and address shown in Peanut.

3. 3

   Review the transfer

   Check the amount, reference and exchange quote. External banks and networks have their own processing times.

4. 4

   Use the credited balance

   Hold digital dollars, send a funded Peanut Link, use an eligible bank withdrawal, or pay through a supported QR flow.

Send or withdraw

With a funded balance, you can create a Peanut Link and share it with the recipient. They open and claim the link. An internal claim can be instant once the link is funded; external funding and bank payouts have separate timing and eligibility requirements. Read the link guide for the full flow.

Eligible users can also send directly to a supported bank account. SPEI transfers can go to your own account or another person's eligible account. Review the beneficiary details and MXN amount before confirming.

Pay while visiting Argentina or Brazil

In Argentina, Peanut supports Mercado Pago merchant QR payments. In Brazil, use supported Pix payments. Check the merchant, local amount and final exchange quote before confirming.

Passport verification can support these QR payments. Local ARS and BRL bank deposits and withdrawals have separate residence and tax-ID requirements; QR access does not unlock them. Set up and fund your account before you rely on it for a purchase.

CoDi support is planned

Peanut lists CoDi as planned, with no published launch date. The integration is separate from the MXN bank transfers available to eligible users today.

Costs and arrival times

The final quote shows the conversion for MXN transfers. Network withdrawal charges vary, and a sending wallet or bank may charge separately. Check current pricing for the route you intend to use.

A deposit, a funded Link claim and a bank withdrawal are different steps. Bank processing, verification and incorrect details can delay a transfer, so allow time for the balance to arrive before a bill or trip.