Payouts to Mexico
Pay Mexican pesos from USDT or USDC
Mexico's corridor is a manufacturing and nearshoring corridor: maquiladoras, automotive and electronics suppliers, and the agencies and developers in Mexico City, Guadalajara and Monterrey that bill clients in the north. XEROF pays MXN to a Mexican bank account from a USDT or USDC balance, business to business, business to consumer and consumer to business, up to MXN 200,000,000 per payment.
How a payout to Mexico works
Payments are addressed to the beneficiary's 18-digit CLABE, which identifies the bank and the account in one number, so the instruction is short and errors are rare.
- Payout currency
- MXN
- Paid to
- Bank account in Mexico
- Payment types
- B2B (business to business), B2C (business to consumer), C2B (consumer to business)
- Maximum per payment
- MXN 200,000,000 per payment
- Rails
- Local bank transfer in MXN
- Pricing
- Per corridor: the MXN leg is quoted per payment on the confirmation
Who pays Mexican pesos this way
- A company settling a Mexican manufacturer's invoice for parts or finished goods in pesos.
- A business paying Mexican developers, designers or agencies in MXN.
- A treasury payment to a Mexican distributor or counterparty from a stablecoin balance.
Paying Mexico from Zug: timing and practicalities
Mexico City is seven to eight hours behind Zug. SPEI runs 24 hours a day, seven days a week, so a peso payment confirmed at any Swiss hour is credited within minutes once released; the practical limit is XEROF's own release window during the Swiss working day.
The 18-digit CLABE includes a check digit, so an error is caught before the payment leaves. Mexican companies also supply their RFC, which the receiving bank matches to the account holder; nearshoring suppliers usually invoice in pesos but quote in dollars, and the MXN amount on the invoice governs.
What XEROF needs before the first payment
- Beneficiary name and 18-digit CLABE, with RFC for a company.
- The invoice or contract the payment settles.
A worked example in MXN
- You send
- USDT 50,000 on ERC-20
- XEROF converts
- USD 50,000 equivalent at the live rate
- Beneficiary receives
- MXN to the supplier's account
- Fees on this example
- Brokerage fee plus the quoted MXN leg
Common questions
- What is a CLABE?
- The Clave Bancaria Estandarizada, the 18-digit number every Mexican bank account carries. It identifies the bank, branch and account, and it is the only account detail a peso payout needs.
- What is the maximum for a MXN payout to Mexico?
- MXN 200,000,000 per payment, set by the receiving market.
Mexico: limits set by the receiving market, availability subject to screening and partner requirements, indicative and not an offer. See the coverage table.
Open a XEROF account to pay Mexican pesos in Mexico.