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Also known as the United Mexican States, Mexico is a federal republic in North America. San Miguel de Allende, Uxmal, and Isla Mujeres are some of Mexico’s most famous destinations that many people know about. Apart from its amazing sights and sounds, Mexico also has a $1.26 trillion economy, which makes it the 15th largest economy in the world. Today, Mexico’s economy comprises both modern industrial and service sectors that are developing at a rapid pace.
It is not surprising to find many Mexicans emigrating and working abroad because it has been taking place in the country since the early 20th century. Individuals have sought career opportunities in countries such as the United States, Japan, the United Kingdom, Italy, Germany, Spain, Canada, and more. Some have been hired as temporary agricultural workers and even to work in science research facilities.
If you are working abroad in the US, you might be wondering if it’s easy to transfer money online to Mexico. Well, the answer is that Sharemoney provides one of the easiest solutions to send money to your loved ones in Mexico.
Get to Know Sharemoney
For starters, Sharemoney is the online money transfer platform you can trust for all your remittance needs in the US. Since our inception, we have partnered with a wide range of banks and remittance centers, ensuring your loved ones can receive money when and where they need it. When you need to send a remittance to Mexico, you will be able to choose from two delivery methods, including cash pickup locations and bank deposits.
Transferring Money to Mexico is Always Easy with Sharemoney
When you transfer money to Mexico via Sharemoney, you never have to deal with hefty transaction fees. We only charge a standard fee of $3.99 for online transactions. On top of that, there are no hidden charges, period. That’s why your recipients will be able to receive the money you have sent them in full. Aside from the cheap fees we offer, you will get very competitive exchange rates from US Dollar to Mexican Peso. Do you have a loved one who has not opened any bank accounts in Mexico? They can collect the money at one of these cash pickup locations!
What You Need to Know When Starting a Transfer
Before you start transferring money online to Mexico, you are only required to first create your account with us. It is a hassle-free process and the information you have provided us will be used to facilitate repeat and new future transactions with us in a smooth manner.
So, how does one fund his or her transfers? Your options are simple: bank deposit, credit card, and debit card. If you are looking for the faster method of funding your transaction, it is definitely debit card. You will be able to avoid additional fees from a credit card issuer and save on verification time. With that in mind, it is often possible to complete a transaction within minutes!
Just finished sending money to your loved ones in Mexico? Simply inform them to use Sharemoney’s global website to track the progress of the remittance. Remember to give them the Money Transfer Number (MTN) that’s tagged to your transaction.
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