What’s required to send money to a bank account in Mexico?

When sending a transaction, we’ll ask you information about your contact and their bank account. Make sure to enter all information carefully to avoid delays. Here’s what you’ll need to know:

• Bank details and account number
• The entire name of your contact as it appears on their bank account
• A valid phone number from your contact (city code + domestic number)
• We may ask for your contact's mailing address if required by our payment partner

Additional information to consider before sending to a bank account in Mexico:

• All deposits are made into Mexican Pesos (MXN) accounts.
  
• For most banks, there’s a 999.99 USD limit per transaction, and 5,000 USD limit per month. For Banorte, the limit per transaction is 2,800 USD.

What’s a CLABE number in Mexico?

CLABE (Clave Bancaria Estandarizada) is an 18-digit standard for bank account numbers in Mexico. It’s required to send and receive inter-bank fund transfers since June 1, 2004, when it replaced the old 11-digit format. It can be found on any bank statement or online bank service.

The 18 CLABE digits are divided into:

• Bank code: 3 digits
  
• Branch Office Code: 3 digits
  
• Account Number: 11 digits
  
• Control Digit: 1 digit

List of Mexican banks and their corresponding CLABE 3-digit code:

• Banamex: 002
  
• Banorte: 072
  
• Bansefi: 166
  
• HSBC (Bital): 021
  
• Santander Serfin – 014
  
• Scotiabank Inverlat – 044