Using Wise for Fast Money Transfers to Mexico (with LOW FEES!)

Using Wise to Transfer Money from US to Mexican Bank Accounts Support my channel by using this affiliate link: https://bit.ly/Wise-Brighton Or if you want to try XE.com: https://bit.ly/XE-Brighton Or Actinver Investment Bank: https://bit.ly/Actinver-AlmostRetired In this video, Brighton West from Almost Retired in Mexico demonstrates how to use Wise (formerly TransferWise) to transfer money from a US bank account to a Mexican bank account. Wise offers competitive exchange rates and fast transfer times, making it a convenient option for those living or retiring in Mexico. Chapters: 00:00 - Introduction to Wise and its benefits 01:22 - Logging into a Wise account and navigating the platform 02:37 - Comparing exchange rates and transfer amounts 03:10 - Setting up and linking Mexican bank accounts in Wise 04:26 - Explaining mid-market exchange rates and fees 05:47 - Choosing the best transfer method and understanding fees 07:02 - Confirming the transfer details and completing the transaction 07:31 - Checking the recipient's Mexican bank account for the transfer 08:09 - Comparing Wise to alternative services like XE.com Throughout the video, Brighton shares his experience using Wise to transfer money to his Banorte account in Mexico. He highlights the importance of timing transfers when the exchange rate is favorable and explains how Wise's mid-market rate differs from rates offered by cash exchange services or banks catering to expatriates. Brighton also discusses the various transfer methods available through Wise, such as ACH transfers, wire transfers, and using debit or credit cards. He compares the associated fees and processing times for each method. Finally, Brighton briefly touches on XE.com as an alternative to Wise, noting that while XE may have better customer support, Wise typically offers faster transfer times. He encourages viewers to explore both options to determine which best suits their needs. For more information on banking in Mexico and living as an expatriate, be sure to check out Brighton's other videos on the Almost Retired in Mexico YouTube channel. Support numbers for Wise: personal accounts US number +1 844 926 4380 business accounts US number +1 844 926 4382 Check the exchange rate: https://www.google.com/search?q=dolla... Support this channel by buying me a margarita over at https://www.buymeamargarita.com The Mexico Relocation Guide is the perfect resource for moving to Mexico. We've partnered with them and you can get the guide here: https://mexicorelocationguide.com/?re...