SPEI · MXN
Cash out USDC to Mexican pesos in Mexico
In Mexico, bank-to-bank transfers run on SPEI, the interbank payment system operated by Banco de México. Every bank and most regulated fintech accounts have an 18-digit CLABE, and SPEI transfers to a CLABE typically land in seconds at any hour. That makes Mexico one of the smoothest corridors for turning USDC into pesos: you send USDC, the payout partner converts it to MXN and pushes a SPEI transfer to your CLABE.
Quick facts
- You receive
- Mexican pesos (MXN)
- Payment rail
- SPEI
- Operated by
- Banco de México (Banxico)
- Typical speed
- Usually seconds to a few minutes once the payout is sent
- Availability
- 24/7, including weekends
- What you need
- CLABE (18 digits)
- USDC networks
- Solana and Base
Step by step
- 1
Get a quote
Open Sacamos, choose your country and enter the amount of USDC. The quote shows the exchange rate, fees and the exact Mexican pesos you will receive.
- 2
Verify your identity (first time only)
Our licensed partner verifies your identity once. Payouts go only to accounts in your own name.
- 3
Add your CLABE
Open your banking app, select the account you want to be paid into and look for the account details or "share account" option — the CLABE is the 18-digit number there (not your card number, which has 16 digits).
- 4
Send USDC from your wallet
Send the exact USDC amount to the one-time deposit address shown, on the network shown (Solana or Base). Your funds stay in your wallet until you sign this transfer.
- 5
Receive via SPEI
After the deposit confirms on-chain, the partner converts and pays out. Usually seconds to a few minutes once the payout is sent.
Where to find your CLABE
Open your banking app, select the account you want to be paid into and look for the account details or "share account" option — the CLABE is the 18-digit number there (not your card number, which has 16 digits).
Banks and wallets in Mexico
- BBVA MéxicoUse the CLABE, not the 16-digit debit card number or the 10-digit account number: Sacamos pays out over SPEI to an 18-digit CLABE.
- BanorteBanorte is one of Mexico's large Mexican-owned banking groups, so SPEI transfers from a payout partner are routine for it.
- Santander MéxicoThe first three digits of a CLABE identify the bank; if they don't match Santander's code, you may have copied a CLABE from another account.
- Nu MéxicoNu México is app-only: there are no branches, so everything from finding your CLABE to contacting support happens inside the app.
- Mercado Pago MéxicoMercado Pago accounts can be subject to account levels with monthly deposit caps; if a transfer would push you over your level, it may be rejected or held, so complete the in-app verification first.
- BanamexCiti has been separating Banamex's retail business in Mexico from Citi's institutional business, so you may see branding, app or website changes over time. Always copy the CLABE from your current app or statement.
- HSBC MéxicoHSBC México is the Mexican subsidiary of the international HSBC group; it receives SPEI transfers like any Mexican bank.
- Spin by OXXOSpin accounts are often opened at a low level, and low-level accounts (nivel 1–3) have monthly deposit caps set by regulation; raising your level in the app may be needed for larger cash-outs.
Limits and things to know
- Low-tier accounts ("nivel 1–3" accounts common in fintech and some basic bank products) have monthly deposit caps set by regulation. If your account is low-tier, a large payout can be rejected — upgrade the account level in your app first.
- Some banks apply their own daily limits on incoming SPEI for new accounts; check in your app if you plan a large transfer.
- New Sacamos users start with a lower limit while verification is new; it increases over time.
Tips
- The account must be in your own name — SPEI transfers carry the beneficiary name and partners check it against your verified identity.
- Copy the CLABE from your app rather than typing it; the last digit is a checksum and a typo will be rejected.
- If you invoice foreign clients, keep the USDC transaction hash next to each invoice — it makes bookkeeping much easier.
How it compares
Every option below works. They differ in who holds your funds, how many steps it takes and how pricing is shown. This is a qualitative comparison — fees and speeds change, so check each provider's current terms.
| Option | Custody | Steps | Speed | Pricing | Good for | Watch out for |
|---|---|---|---|---|---|---|
| Sacamos (non-custodial off-ramp) | You keep USDC in your wallet until you send it to a one-time partner deposit address | Verify once, add bank, get quote, send from wallet | Depends on the local rail; instant rails usually minutes | Rate and fees shown upfront in the quote | Getting paid in USDC and cashing out straight from your own wallet | Supports USDC on Solana and Base only; identity verification required |
| Centralized exchange (deposit, sell, withdraw) | The exchange holds your funds while you trade and withdraw | Deposit, place a sell order, then request a fiat withdrawal | Varies by exchange and withdrawal method | Trading spread/fees plus withdrawal fees; can be cost-effective for large amounts | Active traders who already keep a balance on an exchange | Extra steps, custody risk, and sending to the exchange on a network it supports |
| Bitso | Custodial exchange account | Deposit USDC on a supported network, convert, withdraw to your local account | Often fast on local rails; varies | Conversion spread/fees per Bitso's schedule | Users already verified on Bitso who want a local exchange | Funds sit in a custodial account between steps |
| P2P marketplace (e.g. Binance P2P) | Platform escrow holds the crypto during the trade | Deposit to the platform, pick a buyer, wait for their bank transfer, release | Depends on the counterparty | Set by each buyer; can be competitive | Flexible payment methods and markets with few other options | Counterparty and scam risk (fake receipts, reversed or third-party payments) |
| Sell widgets (MoonPay, Transak) | You send crypto to the provider when you sell | Often built into wallets; verify, sell, receive to bank or card | Varies by country and payout method | Provider fees and spread, shown before confirming | Convenience inside a wallet you already use | Supported countries, tokens and payout rails vary |
Taxes (general information)
General information, not tax advice: in Mexico, income from services is taxable regardless of whether you are paid in pesos or USDC, and gains on disposing of crypto assets can also be taxable. The SAT is the authority; the right regime depends on your situation, so talk to a contador.
SAT · This is general information, not tax, legal or financial advice.
Regulation
Crypto-asset activity by financial institutions in Mexico is shaped by the Ley Fintech and Banxico rules. Sacamos works with licensed partners who handle conversion and identity verification.
Safety checklist
- Send a small test amount the first time.
- Check the network twice — sending on the wrong network can lose funds.
- Never share your seed phrase. No real support agent will ask for it.
- Only start cash-outs from the official site or app.
Frequently asked questions
How long does a SPEI payout take?
Usually seconds to a few minutes once the payout is sent. 24/7, including weekends.
Can I receive pesos on a weekend?
Yes. SPEI operates 24/7, so payouts to a CLABE can arrive on weekends and holidays, subject to your bank's own processing.
Can I use my debit card number instead of the CLABE?
Use the 18-digit CLABE. It identifies the account on SPEI reliably; card numbers are not accepted for these payouts.
Do I need an RFC?
Identity requirements are set by the licensed payout partner during verification. Having your RFC handy helps, and it is also what you will use for your own tax filings.
Do I need a crypto exchange account?
No. You send USDC directly from your own wallet to a partner deposit address. You never deposit into an exchange account.
Which networks are supported?
USDC on Solana and USDC on Base. Do not send USDC on other networks, or other tokens.
How much does it cost?
It depends on the amount and corridor. The quote shows the exchange rate and all fees before you send, plus a small network fee paid in your wallet.
Guides by wallet
- How to withdraw USDC from Phantom to a bank account in Mexico
- How to withdraw USDC from MetaMask to a bank account in Mexico
- How to withdraw USDC from Coinbase Wallet (Base app) to a bank account in Mexico
- How to withdraw USDC from Trust Wallet to a bank account in Mexico
- How to withdraw USDC from Solflare to a bank account in Mexico
- How to withdraw USDC from Rabby to a bank account in Mexico
Read next
- How to Transfer USDC from Phantom to Your Bank Account (2026 Guide)Step-by-step: move USDC from Phantom to your bank on Solana or Base. Network fees, deposit addresses, local rails by country, and safety tips before you send.
- Cómo cobrar en USDC como freelancer en México y pasarlo a pesosGuía para freelancers en México: cómo facturar en USDC, qué red pedirle a tu cliente, recibir en Phantom o MetaMask y convertir a MXN por SPEI a tu CLABE.
- Cómo pasar USDC de MetaMask a tu cuenta bancariaPaso a paso para pasar USDC de MetaMask a tu banco en México, Argentina o Colombia usando la red Base o Solana, sin errores de red y con el monto claro.
Sacamos is not a bank. Conversions and payouts are performed by licensed partners. Availability depends on your country and verification status. Nothing here is financial advice.