Money & Taxes
Sending Money to Mexico: SPEI, CLABE, Fees and Exchange Rates
How domestic transfers work, what you need to receive money from the US or elsewhere, where to compare fees and exchange rates, and the reporting rules.
Tag: remittances
Money & Taxes
US 1% Remittance Tax on Money Sent to Mexico: Who Pays It
The new federal excise tax hits cash at the counter, not account-to-account transfers. What it means for money sent to family in Mexico City, as of November 2026.