How Do I Send Money to My Family in Mexico?

How Do I Send Money to My Family in Mexico?

Statistics show that about six million U.S. household send money to family members or friends in Mexico. As a result, there are several different options to consider when you are ready to send money to your family in Mexico. First, walk-in money transfer centers are plentiful in the U.S. and in Mexico, thanks to Western Union and Moneygram. The transfer is made on a cash-to-cash basis: you deliver the cash to a transfer center, which converts it to pesos. That money is then available for the recipient to pick up at a transfer center in Mexico. Next, some services provide for bank-to-bank transfers. In this situation, you place money in a bank account and direct it to be routed to your relative’s bank account in Mexico, which you can usually do online or by phone, assuming that you have the account and routing numbers for both the American and Mexican bank accounts. If only one of you has a bank account, you still can use this method for half of the transaction, but if a third party is involved in the other half of the transaction, there may be significant delays. You also have the option of using a bank to wire money, but there are often high fees associated with doing so. Rather than using a bank, you also can use a credit or debit card to speed up the transaction. However, doing so may cost you more in fees and in transaction fees charged by your credit card. With MoneyGram, you even can send funds to your relative’s credit card, although there are higher fees for this service, too. A prepaid debit card is another way to continually replenish the funds that you want your relative in Mexico to have. The transaction occurs in minutes, and you can place money on the card from the U.S. using cash, checking accounts, debit cards, or credit cards. He or she then can use the card to withdraw money, and, with some services, to make purchases. This option is usually much more expensive than other options, as there are many fees associated with all steps of the money transfer process that will accrue continually as you refill the card. Cell phone companies also have cashed in on the international money transfer business. PayPal has developed an app for your cell phone that allows you to transfer money from your PayPal account to the recipient’s PayPal account via text message, using either the recipient’s phone number or email address. The deportation defense lawyers of Landerholm Immigration, A.P.C., pride themselves on aggressively representing the interests of those immigrants who are facing potential deportation by American immigration authorities. Our goal is to gather evidence in your favor, build on a strong case on your behalf, and develop a strategy that is best designed to help you remain in the United States and move on with your life. The earlier we can get started with your case, the more likely you are to prevail in your deportation proceedings. Don’t hesitate to contact us today and learn what we can do to assist you.
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