Posted on by Victoria D.

Sharemoney makes transferring money from the US to your loved ones in Mexico a whole lot easier. Now, you do not have to worry about physically visiting a bank to wire money to your recipients back home. All you need to do is sit down in front of your computer and in a matter of minutes, you can make an online money transfer to Mexico. When making your fund transfer, you can choose to transfer money to a cash pickup location or to any one of the banks we have partnered with in Mexico. One of the reputable banks we work with is La Red De La Gente BANSEFI.

About La Red De La Gente BANSEFI

Considered as Mexico’s first financial network, La Red De La Gente was created in 2001 and is best known for the variety of financial products that it offers to its clients. With this bank, you can avail loans of all types, open saving bank accounts, receive money from loved ones and pay services to utility companies. This bank continues to grow in strength with more than 2,300 branches in over 980 municipalities in the country.

Bank swift code: SEFIMXMM

Money Transfer Services from Sharemoney to Mexico

As we have endeavored to partner with popular banks in Mexico, you can be assured that you can easily find a bank to use where your loved ones can claim their remittances via a bank account deposit. Apart from such an option,  there are also cash pickup locations in Mexico where your recipient can easily go to claim their remittances if they don’t have a bank account with one of our partner banks.

How to Use Sharemoney’s Money Transfer Services to Mexico

Sharemoney allows you to use two delivery methods when sending remittances to your loved ones in Mexico. One of the methods is the cash pickup service where you can simply choose one of our cash pickup partners. Our cash pickup partner will have a list of locations where your recipient can pick up the money you have sent. The other easy method is through bank transfer where you can choose one of our partnering banks according to where your loved ones have a bank account in.

Sending Money to a La Red De La Gente Bank Account

To start sending money to your loved one’s La Red De La Gente account, all you need to do is sign up for an account with Sharemoney. During registration, you will need to provide your account information like your phone number, name and email address. We will use this information to verify your account later on. Once your identity has been verified, you will be able to start using our services. Creating a Sharemoney account is 100% free!


How to Fund Your Transactions

You can pay for your money transfer using a credit or debit card. Our website currently accepts both Visa and Mastercard.

You can use your credit card as payment, though we do not recommend this simply because of the additional charges your bank may charge you. Some credit card providers charge these “cash advance” fees anytime you use your credit card for international money transfer purposes. These additional charges are not made by Sharemoney, but you should keep them in mind if you plan on using your credit card.

To avoid these hassles, it will be best to use your debit card instead. Funding your money transfer to a La Red De La Gente bank account with a debit card is in fact the fastest and cheapest way to complete your money remittance.

Your Corresponding Money Transfer Number

Otherwise known as the Folio Number, this is the transaction number that will appear on your receipt once you have completed your transaction. Your recipient can use this number when claiming the funds from the payer. In addition, we will give you a MTN number, which you and your recipient can use to track your money’s whereabouts in real time using Sharemoney’s Money Tracker.

Send Money to Mexico

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