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Whether you need to send money to a person in an emergency situation or on an ongoing basis, there are several ways you can go do this. Utilizing debit/cash cards, money transfer services, bank transfers or consulate services, are feasible options.

Cash/debit cards are available from a variety of different companies. All of them are reloadable and can be used at many thousands of ATM machines worldwide.

To begin this particular process, the sender would sign up for the service either online or by telephone, as previously mentioned. They would then load the account with the desired amount of money via credit card or personal bank account.

Next, the sender is given a secured PIN number to go with the account. The company then sends the debit card directly to the recipient via rapid mail service.

Once the recipient receives the debit card, the sender can provide them with the access PIN, so they can begin to access funds at any number of ATM machine locations. It is important though to remember, that before choosing a specific ATM location, the recipient needs to read the fine print disclosing any additional fees.

If you choose to send money through a money transfer service, it can be retrieved within a matter of minutes, once setup is completed. Sender service rates can range typically anywhere between $10 and $30, depending on the particular company being used, while recipient fees usually hold about a 10% processing fee.

There are so many wire transfer companies and/or bank services available to send money to people in Mexico and it is quite important that you know which wire transfer companies are out there as well as the cost of their services. Since so many institutions are reducing their costs, it is best to do your research before choosing a company.

In an emergency situation only, and provided you are a documented US citizen, money may be sent through the Mexican consulate. The most protected way is by establishing a State Department trust fund.

With this option, depositors must first establish a trust account in a receiver’s name and then upon the receipt of these funds, is authorized payout. The Overseas Citizens Services Trust (OCS), the bureau that overseas these transaction types, takes approximately one working day to process and can incur a $20 processing fee from the State Department, before funds are given out in local currency.

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