Mexico
Overview
| Transfer method | Local | SWIFT |
|---|---|---|
| Supported currency(ies) | MXN | AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR |
| Payment scheme | SPEI | |
| Flight time (business days) | 0-1 | 0-3 |
| Maximum transaction limit | No limit* | No limit |
| Ultimate payer displayed | Yes |
* Note that Airwallex may request for further information if transfer exceeds the monthly compliance limit of 25,000 USD per beneficiary.
Please refer to the sections below for the key required bank details and other considerations for each supported transfer method.
Local MXN payout
| Required fields | Permitted Data | Notes |
|---|---|---|
account_currency | 3-letter ISO 4217 currency code | Should be MXN |
account_name | Up to 100 characters | Account holder name of the beneficiary’s bank account |
account_number | 18 digits | Clave Bancaria Estandarizada (CBE): This is an 18-digit number starting with a 3-digit bank code. |
bank_country_code | 2-letter ISO 3166-2 country code | Should be MX |
SWIFT payout
| Required fields | Permitted Data | Notes |
|---|---|---|
account_currency | 3-letter ISO 4217 currency code | One of AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR |
account_name | 2-200 characters | Account holder name of the recipient’s bank account |
account_number | Up to 20 digits | |
swift_code | 8-11 alphanumeric characters | Should be a valid and supported BIC-8 or BIC-11 code |
bank_country_code | 2-letter ISO 3166-2 country code | Should be MX |