We help Canadians move money to Mexico at rates that beat the banks, with funds delivered fast and no hidden exchange spread buried in the rate. Whether you are supporting family, paying for property, or funding a winter home, we make the CAD to MXN conversion transparent.
To send money from Canada to Mexico, you convert Canadian dollars to Mexican pesos and transfer the funds to a Mexican bank account. The cost is driven almost entirely by the exchange rate markup, not the visible fee. As a FINTRAC regulated currency specialist, we price closer to the mid-market rate than the Big 5 banks, so more of your Canadian dollars arrive as pesos.
Register in 5 MinutesMost Canadians sending money to Mexico focus on the transfer fee, but the fee is rarely where the real cost sits. The larger cost is the markup applied to the exchange rate itself. Canadian banks build a margin into every CAD to MXN conversion, and because it is embedded in the rate rather than listed as a separate charge, most people never see it.
We take a different approach. As a dedicated currency exchange business, our volume lets us price closer to the interbank rate and pass the difference on to you. On larger transfers to Mexico, the gap between a bank rate and a specialist rate can add up to hundreds of dollars on a single transaction.
Here is how a typical bank transfer to Mexico compares with converting through us. Bank markups vary by institution and amount, so treat these as representative ranges rather than fixed quotes.
| Factor | Typical Canadian Bank | CanAm Currency Exchange |
|---|---|---|
| Exchange rate markup | Roughly 2.5% to 3.5% above mid-market, embedded in the rate | Priced close to mid-market, up to 3% better than banks |
| Transaction fee | Wire or transfer fee often applies | No fee on the currency conversion |
| Rate transparency | Markup hidden inside the quoted rate | Quote provided before you commit |
| Delivery speed | Varies, often several business days | Generally same or next business day |
| Regulation | Federally regulated bank | FINTRAC regulated, segregated client funds |
Bank figures are representative ranges based on typical Big 5 retail markups and can change at any time. For an exact comparison, request a live quote and compare it against your bank on the same day.
Create your account online in under five minutes. There is no cost and no obligation to trade.
Call us for a no-obligation CAD to MXN quote. When you are happy with the rate, lock it in and receive written trade confirmation.
Send us your Canadian dollars and we convert and transfer the funds, generally within one business day.
If you send regular support to family in Mexico, the rate you get on each transfer compounds over the year. A better rate means more pesos land every time.
Buying or maintaining a home in Mexico often means large, one-time transfers where the exchange markup has the biggest dollar impact. We help you keep more on those conversions.
If you spend part of the year in Mexico, converting a lump sum at a strong rate beats topping up through your bank card or an airport kiosk.
The cheapest method is usually the one with the smallest exchange rate markup, not the lowest advertised fee. A dedicated currency exchange service like ours typically prices closer to the mid-market rate than a bank, which matters most on larger transfers. Always compare the total pesos delivered, not just the stated fee.
Once your rate is locked and we receive your funds, transfers are generally completed within one business day. Timing can vary depending on your bank and the receiving institution in Mexico.
Yes. We are registered with FINTRAC, a Government of Canada agency, and client funds are held in a segregated account at a major Canadian financial institution. Every transaction has a confirmation number and can be traced electronically.
No. Our only physical walk-in location is in Windsor, Ontario, but we serve clients across Canada through electronic funds transfer. You can register, get a quote, and complete your transfer entirely online or by phone.
Our minimum for online transactions is $800 per transaction, though we offer flexibility. There is no minimum for in-store transactions at our Windsor location.
Register for free and get a no-obligation CAD to MXN quote today. Compare it against your bank and see the difference for yourself.
Sign up today to receive the best rates in Canada.
Please feel free to contact us for additional information.