Question 1

What's the best way to send money to Cuba from Mexico?

Accepted Answer

Sending money internationally to Cuba from Mexico can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Mexican Peso to CUP remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Cuba. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Cuban Peso.

Question 2

How to get the best exchange rate for sending money from Mexico to Cuba?

Accepted Answer

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MXN to Cuban Peso money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Mexico to Cuba. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MXN to CUP remittances. With our daily free rate alert, you will never have to manually search and compare providers again.

Question 3

What's the cheapest way to send money from Mexico to Cuba?

Accepted Answer

The final amount your recipient gets when you send MXN to CUP is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Mexico to Cuba used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Cuban Peso is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Mexican Peso to Cuba exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.

Question 4

Should I use my bank to send money from Mexico to Cuba?

Accepted Answer

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MXN to CUP exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Mexico to Cuba money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Cuba from Mexico. They do this by letting you fund your transaction through your local bank account in Mexico, and by allowing you to choose the payout to be your recipient's bank account in Cuba. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

What is the fastest way to do a money transfer to Cuba from Mexico?

Accepted Answer

The speed of your Mexican Peso to Cuban Peso funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MXN to CUP. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Cuba from Mexico is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Cuba if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout CUP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Mexico bank to Cuba bank transfer.

Question 6

Which are the best money transfer companies to transfer money to Cuba from Mexico?

Accepted Answer

Since the Mexican Peso to Cuban Peso money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Mexico that may also be able to send money to Cuba. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your MXN to CUP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Cuba gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Mexico to Cuba transaction.

Question 7

Step by step guide to transfer money to Cuba from Mexico

Accepted Answer

There are many important aspects of Mexico to Cuba remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Mexico bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include CUP bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much Mexican Peso amount you want to send from Mexico.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Cuba to validate that they get the money once the transaction clears.

1 MXN	1.45 CUP
5 MXN	7.25 CUP
10 MXN	14.49 CUP
25 MXN	36.23 CUP
50 MXN	72.46 CUP
100 MXN	144.91 CUP
150 MXN	217.37 CUP
200 MXN	289.82 CUP
250 MXN	362.28 CUP
300 MXN	434.73 CUP
400 MXN	579.64 CUP
500 MXN	724.55 CUP
600 MXN	869.46 CUP
700 MXN	1,014.37 CUP
800 MXN	1,159.28 CUP
1000 MXN	1,449.10 CUP
1500 MXN	2,173.65 CUP
2000 MXN	2,898.20 CUP
2500 MXN	3,622.75 CUP
3000 MXN	4,347.30 CUP
4000 MXN	5,796.40 CUP
5000 MXN	7,245.50 CUP
10000 MXN	14,491.00 CUP
15000 MXN	21,736.50 CUP
20000 MXN	28,982.00 CUP
30000 MXN	43,473.00 CUP
40000 MXN	57,964.00 CUP
50000 MXN	72,455.00 CUP
100000 MXN	144,910.00 CUP

Compare today's MXN to CUP (Mexican Peso to Cuban Peso) exchange rates

📈 Mexico to Cuba Money Transfer Snapshot Today

💡What today's MXN-CUP exchange rates mean for you

Latest MXN to CUP Conversion Rates