According to RemitRoutes data (updated 5h ago), the cheapest way to send 1,000 CAD to Mexico is Binance P2P at -0.26% total cost. Crypto rails at -0.26% are 0.98 percentage points cheaper than the cheapest traditional option at 0.72%.
Sending $1,000 CAD. Rates measured 5h ago from live APIs · refreshed every 6 hours — never estimated.
| Provider | Type | Recipient Gets | All-In Fee | Speed |
|---|---|---|---|---|
| ✦ Binance P2P | Crypto | 12,311.57 MXN | -0.26% (crypto premium) | ~1 second |
| Remitly | Traditional | 12,191.16 MXN | 0.72% | Unknown |
| Wise | Traditional | 12,180.64 MXN | 0.81% | ~2 business days |
| Western Union | Traditional | 12,179.29 MXN | 0.82% | 1 business day |
| Instarem | Traditional | 12,175.61 MXN | 0.85% | Unknown |
| WorldRemit | Traditional | 12,008.79 MXN | 2.21% | 1-2 business days |
| Xoom | Traditional | 11,974.95 MXN | 2.48% | Unknown |
| Royal Bank of Canada | Traditional | 11,931.71 MXN | 2.84% | Unknown |
| OFX | Traditional | 11,897.58 MXN | 3.11% | Unknown |
| BNC | Traditional | 11,864.49 MXN | 3.38% | Unknown |
| BMO | Traditional | 11,862.32 MXN | 3.40% | Unknown |
| TD Bank | Traditional | 11,829.76 MXN | 3.67% | Unknown |
| PayPal | Traditional | 11,694.99 MXN | 4.76% | Unknown |
Updated every 6 hours from real APIs (Wise, CCXT, CoinGecko). No data is estimated or hardcoded. See methodology · Full CAD → MXN cost data