Last updated:
Straight to your inbox
In 2006 a Joint Experts Group (JEG) was formed between Australia and Mexico that focused on building strong economic relations between the two nations.
Since that time the two countries have been working together to develop trade and investment opportunities.
Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.
The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.
Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.
They can help you with all your needs including:
Juanito, a Mexican national, has been given the opportunity to work as a Spanish teacher in Australia. Wanting to take the job, he worries that his parents will suffer financially without his help.
Figuring out his estimated living expenses and salary, Juanito believes he would be able to send $1,000 Australian Dollars home each month. He decides to check online to see what type of money transfer options he will have, and how many Mexican Pesos (MXN) that would convert to.
| Bank | Money Transfer Service | |
|---|---|---|
| Exchange rate | $1.00 AUD = $10.82 MXN | $1.00 AUD = $11.24 MXN |
| Transfer fee | $20 AUD | $60 AUD |
| Amount received in Pesos | $10,816.50 | $11,236.15 |
| Transfer time | Three to five business days | 10 minutes |
| Transfer options | Bank to bank transfer | Bank transfer or cash pick up |
| Difference | +$419.65 MXN |
If you look carefully at Juanito’s research, you may assume that there is a big difference in the value between the two options until you look closely:
With the growing relations between Mexico and Australia, there are now a number of money transfer companies that will allow you to send money from Australia to Mexico:
With the increasing amount of Australian tourism to Mexico it is a good idea to consider what your options are if you were to be robbed or lose your cash while visiting there:
Before making arrangements to have cash wired to you in Mexico from Australia it is a good idea to make sure there is an agent close to where you are staying. Here you will find listings for a few agencies found in Mexico:
6042 San Angel Alvaro Obregon DF
Av Rey Cuauhtemoc 30 Esq Av Revoluci
Mexico D F
Mexico, Districto Federal 1000
Phone. +52-55-52460700
Open seven days a week from 8am until 10pm.
Cal San Juan De Aragon No 530
Local 2
Gustavo A Madero
Mexico, Districto Federal 7450
Phone. +52-55-52460700
Open seven days a week from 8am to 10pm.
Banorte Cancun Avenida
Lopez Portillo S N
Region 92
Benito Juarez, Quintana Roo 77516
Phone. +52-998-8888019
Open Monday through Saturday from 9am to 5pm. Closed on Sunday.
Miguel Hidalgo No 85 Centro
Xcalak, Quintana Roo 77940
Phone. +01-983-8320082
Telecomm/Telegrafos Mercaderes
Plaza De La Const. 7 Mezanine
Colonia Centro De La Cuidad De Mexico Area 2
Cuauhtemoc, DF 06010
Phone. +18-00-1122724
Open Monday through Friday 8am to 7:30pm. Saturday closed. Sunday 9am to 4:30pm.
Calle 5 De Fevrero 26Y28 Centro de la Cuidad de Area 3
Cuauhtemoc, DF 06020
Phone. +52-66-77580200
Open Monday through Saturday 10am to 8pm. Sunday 10am to 2pm.
Chedraui #255 Cancun Coba
Av Coba Mza, 1 Lote 2
Col. Super Mza 36
Cancun, Qi 77501
Phone. +99-88-879877
Open seven days a week from 8am to 10pm.
Supernanzana 92 Manzana 106 Lote 13 Ave
Kabah Colonia Centro
Cancun, QI 77520
Phone. +52-99-88-402749
Open Monday through Saturday 8am to 7pm.
Even though there is a large number of Australians making the trip to Mexico each year, the Department of Foreign Affairs and Trade (DFAT) still recommends that you exercise a high degree of caution when travelling there. This is especially true when needing to travel to a cash pick up agency.
Ask the management of your hotel to arrange for car service and always travel with a trusted friend. Upon returning to the hotel you should secure the cash and only carry with you what you need for that time.
Back to topUsing a money transfer company to forward cash from Australia to Mexico will require you to have the following:
A double taxation agreement exists between Australia and Mexico, and Australian airlines have increased the number of Mexican cities they will fly to. These moves make it easier for workers from Mexico to spend time in Australia earning a living.
The 2011 census saw an increase of 80.5% in the number of Mexican nationals living in Australia, taking that number to over 3,000. Travel has also increased with over 60,000 Australians making Mexico a vacation destination every year.
Be sure that you retain the receipt for your transaction until you receive word that the cash has been picked up. If there is a dispute with the transfer you will need that receipt to resolve it.
Mexican workers and immigrants living in Australia work hard to be able to send money home. Protect that money as best you can by finding the money transfer company that offers you real value in their rates, fees, and options.
Back to top
