Send money to Mexico
Send MXN directly to a supported bank account. The recipient does not need Peanut.
An eligible, verified Peanut sender can transfer MXN from their balance directly to a supported bank account in Mexico through SPEI. Enter the recipient's bank details and review the final quote. The bank recipient does not need a Peanut account or a Peanut Link.
Ask the recipient for an account that accepts MXN through SPEI. Confirm the account holder’s name and 18-digit CLABE before you enter the transfer.
Check sender eligibility
The sender's verified residence and account determine access to Peanut bank transfers. A bank account in Mexico does not establish eligibility by itself. New York residents are excluded from the relevant bank onboarding. Check that SPEI appears in your own account before you fund a transfer.
Fund your balance through an option shown in Peanut. A sending bank, wallet or exchange may apply charges and processing times. Use the exact instructions for that funding method; do not assume every sender can fund from the same bank rail.
Send directly to a bank account
- 1
Check and fund your account
Complete the required verification, check your available bank-transfer options, and fund your Peanut balance.
- 2
Enter the recipient
Choose Withdraw, then Bank Transfer and the destination for SPEI. Enter the recipient's 18-digit CLABE and other requested bank details.
- 3
Review the quote
Enter at least 50 MXN. Check the recipient's name, account, currency, amount received and estimated timing.
- 4
Confirm and keep the receipt
Confirm the transfer and save its reference. The recipient checks their bank account for arrival.
Costs and timing
The digital-dollar balance converts to MXN. Conversion costs are included in the all-in quote; review the amount the recipient will receive. The receiving bank may apply its own charges.
Expected timing: settlement in seconds, with the rail available 24/7. Bank checks or inaccurate information can cause delays. This estimate excludes funding your Peanut balance and is not an arrival guarantee. Transfers above $100,000 equivalent may require additional information. See pricing and the SPEI transfer guide for route details.
Send digital dollars with a Link
If the recipient wants a Peanut balance instead, create and fund a Peanut Link, then share it privately. The recipient opens it and claims the digital dollars; they do not need an existing account before opening the Link. One side must complete identity verification.
Creating a Link and claiming into Peanut have no Peanut fee. An in-Peanut claim can be instant once funded. External funding, eligible bank claims and later wallet withdrawals have separate costs and timing. A Link does not make an ineligible bank route available. Read the Link guide before choosing this alternative.
FAQ
Does the recipient need Peanut?
Not for the direct SPEI bank transfer. They provide a supported account; the sender uses an eligible verified Peanut account.
What currency reaches the bank?
This route sends MXN. Confirm that the recipient's bank account accepts it and ask the bank about any receiving or conversion charges.
Is the whole transfer free?
The digital-dollar balance converts to MXN. Conversion costs are included in the all-in quote; review the amount the recipient will receive. The receiving bank may apply its own charges. Funding your Peanut balance can also involve sender-side charges.
Can I use a Peanut Link instead?
Yes, you can fund and share a Link for the recipient to claim digital dollars into Peanut. One side verifies. This is separate from the direct bank transfer described above.
What if the bank payment is missing?
Keep the transaction reference, amount, time and recipient details. Check the status and contact support with the recipient's evidence; a completed app status alone is not proof of bank receipt.