Mexican companies can use SPEI for local MXN collections and payouts while adding USD and EUR routes for international business. This guide covers the available rails, account setup, onboarding documents, and Mexico's virtual-asset rules.
International payment routes for Mexican companies
An approved Mexican company can collect and send MXN through SPEI, receive USD or EUR from overseas customers, and pay international suppliers. Invoices, transaction records, and supporting documents stay together for reconciliation and review.
Both SPEI pay-in and payout use account details in the company's name. For cross-border customer and supplier payments, fiat transfers provide the clearest transaction record.
Supported payment rails
SPEI supports both pay-in and payout with account details in the company's name. USD is available through SWIFT.
| Currency | Direction | Corridor | USD vs Spread | Payment Fee | Sender account |
|---|---|---|---|---|---|
| USD | Pay-in | SWIFT (Global) | - | $25 | Account under your company name |
| USD | Payout | SWIFT (Global) | - | $25 | Account under your company name |
| MXN | Pay-in | SPEI | 0.25% | Free | Account under your company name |
| MXN | Payout | SPEI | 0.25% | MX$4.10 | Account under your company name |
Documents to prepare
For onboarding, a Mexican company should prepare:
- Acta Constitutiva and current corporate amendments
- Folio Mercantil or a current Public Registry of Commerce record
- Constancia de Situación Fiscal from SAT
- proof of address dated within the past 90 days
- an Acta de Asamblea and Poder Notarial if a representative submits the application
HEVN may also request identity documents for directors and beneficial owners, an ownership chart, contracts and invoices, expected counterparties, and evidence of source of funds.
Stablecoins and regulation in Mexico
Article 30 of Mexico's Fintech Law defines virtual assets and places activity by regulated financial institutions under authorization and Banco de México rules. The law does not treat every stablecoin as legal tender or approve every token for corporate use.
Mexican companies may use supported stablecoins through approved providers, subject to the provider, token, tax treatment, and foreign-exchange rules. For ordinary customer and supplier payments, SPEI or international fiat transfers are usually simpler and create bank records that are easier to reconcile for accounting and SAT reporting.
Benefits of a Fiat Account for a Mexican company
- Receive payments from US customers through ACH or domestic wire.
- Use account details in your company's name for both MXN and USD payments.
- Keep USD to pay US suppliers, contractors, software vendors, and other operating costs.
- Move funds between the named MXN account and the Fiat Account when another currency or payment rail is needed.
- Keep invoices, payment records, confirmations, exports, roles, and approvals in one workspace.
We'll confirm available accounts, payment rails, limits, pricing, and expected account-opening time during onboarding.
