A bank transfer is a method used to send money from one account to another, whether domestically or internationally. These transactions can be processed in seconds or take several days, as they vary depending on certain factors.  

Therefore, if you want to know how long it takes for a transfer to show up, you must evaluate each of these factors.  

The purpose of this post is to explain the different elements that influence the processing time of a bank transaction in Mexico. Additionally, we’ll tell you what you can do to optimize your transfers and receive funds as quickly as possible.  

Bank Transfers in Mexico: Types, Timelines, and Influencing Factors  

How Long Does It Take for a Bank Transfer to Show in Mexico?  

Some bank transfers can be completed in seconds, while others may take hours or even days. However, to determine how long it takes for a transfer to show, several factors must be considered, such as:  

• The day and time.  

• The location.  

• The bank.  

• The type of transfer.  

• The method—whether it’s through an app, online banking, or at the bank counter.  

If the transfer occurs over a weekend, the process may take longer than usual. The same goes for holidays when banks are not in operation.  

In such cases, you can track the bank transfer to get an idea of its duration.  

How Long Does an Immediate Transfer Between Banks Take?  

Immediate transfers typically complete within a few seconds, provided they are done through the SPEI system.  

For example, you can send money to a bank account through OXXO. Whether it’s from a physical store or using their mobile app, the process is done via SPEI. Therefore, the funds will reach the recipient in just a few seconds.  

What Types of Transfers Exist?  

Knowing what type of transaction you're making will allow you to better understand how long it takes for the transfer to show up.  

In Mexico, transfers are classified as follows:  

• Domestic Transfers: The sender’s and receiver’s bank accounts are within Mexican territory.  

• International Transfers: In this case, the accounts are in different countries. As a result, processing times are longer (24 hours or more), and fees are typically charged in dollars.  

They can also be categorized by timelines:  

• Standard Transfers: These are the most common and can take one business day if domestic, or between 2 and 5 business days if international.  

• Immediate Transfers: These are processed instantly, regardless of the day or time, but there may be an additional service fee.  

• Urgent Transfers: The recipient receives the funds in a short period, ideal for situations requiring speed.  

Another way to classify them is by frequency:  

• One-time Transfer: This is executed only once when ordered.  

• Scheduled Transfer: These repeat automatically at a set interval, such as weekly, monthly, or quarterly, to facilitate certain recurring payments.  

The method used also makes a difference.  

Some are done over the phone, by calling the bank; others are completed online, taking advantage of the convenience of online banking. You can also make transfers from an ATM using a bank card.  

How to Avoid Bank Processing Times?  

To avoid bank processing delays, opt for immediate transfers (SPEI). However, if you’re the recipient, you might have to pay taxes on electronic transfers.  

Planning ahead by scheduling the operation at an opportune time is another option. Or perhaps executing it at least three to five business days in advance, so you’ll know how long the transfer will take to show up.  

For this, you can use automated platforms, such as Stripe Connect. This tool streamlines transfers and allows you to monitor their progress.  

However, when it comes to international transfers, electronic wallets are ideal for sending or receiving money instantly.  

DolarApp: The Best Alternative for Receiving International Transfers  

One of the most efficient options for receiving money from abroad is DolarApp, especially due to its many advantages over traditional methods.  

Essentially, it’s a digital dollar account designed for users to manage their funds quickly and securely. Moreover, Mexicans can transfer USD to MXN at the real market exchange rate.  

Here, you eliminate many of the complications that usually accompany international transactions with traditional banks. Additionally, you benefit from encrypted transfers, low fees, and speed.  

What Are the Steps to Receive an International Transfer?  

The process of receiving money through DolarApp is simple and fast:  

1. Select the “Recharge” button.  

2. Choose the “Dollars” option. Here you will see your details, such as the bank’s name and address, as well as your account and routing number.  

3. Share your account and routing number with the person sending the money.  

The app charges a $3 USD fee to the sender.  

DolarApp is a solution for keeping your money in USD if you wish. But you can link a debit card in pesos and convert your funds when you need to make purchases in your currency.  

The best part is that there are no hidden costs or high fees.