🏴→🇲🇽
Send Money from Wales to Mexico
Welsh companies and manufacturers paying Mexico suppliers. Send GBP from Wales, receive MXN in Mexico with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local GBP collection + local MXN delivery = no correspondent bank fees
Save £1,923 per £100k Payment
Wales to Mexico corridor savings
Traditional Bank
£2,428
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local GBP collection
- ✓ Transparent 0.5% spread
- ✓ SPEI
Your Savings
79%
£1,923 per £100k
At £300k-£3M monthly, save £4,812/year
Sending from Wales: What You Need to Know
GBP Origin Specifics
- Wales uses GBP currency
- Post-Brexit customs documentation
- FCA regulated payment services
Your Local Advantages
- Local GBP account available
- Faster Payments instant collection
- No correspondent bank fees on origin side
Local Collection Method
Faster Payments
Instant (T+0) • UK domestic instant payments. Money available immediately.
Paying Suppliers in Mexico: Compliance & Requirements
Regulatory Considerations
- Banco de México regulations
- Mexican Customs (SAT) documentation
- IVA (VAT 16%) on imports
- USMCA trade agreement benefits
Payment Best Practices
- Mexico = USMCA partner, automotive manufacturing hub
- SPEI enables instant MXN settlement 24/7
- Northern states (Monterrey, Tijuana) = Manufacturing zones
- Nearshoring trend - US companies relocating from Asia
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via SPEI
Wales → Mexico Corridor Insights
Popular Industries
- Automotive
- Electronics
- Aerospace
Peak Trading Hours
GMT to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send GBP from Wales to Mexico?
Save 79% on every payment with t+0 (2.3s avg within unicorn network). Local GBP collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB