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Profeco Affirms Finabien Still Delivers the Most Pesos for U.S.-to-Mexico Transfers

Profeco recommends the service for account deposits based on its calculator results.

Overview

  • In a new weekly update, Profeco said Finabien remains the top option for deposit or transfer remittances, leading its comparison for more than a month.
  • Using Profeco’s calculator, a $400 send would deliver 7,543.19 pesos through Finabien, reflecting favorable fees and exchange rate.
  • Profeco reported a 366.15‑peso gap between Finabien and the lowest‑paying provider for deposits or transfers, with Sendvalu at the bottom of the list.
  • For cash pickup transactions, Xoom offered the highest payout in the latest check, while Profeco urged users to consult the “Quién es Quién en el Envío de Dinero” tool before choosing.
  • Profeco also noted supermarkets are keeping the basic basket under 910 pesos and announced the October Consumer Magazine issue featuring a quality study of 49 powder detergents.