This release makes Mexico-ready payment flows simpler and more robust for product, operations, and engineering teams.
How to get started
Register the beneficiary’s Mexican bank account using CLABE..
Create an MXN transaction.
Execute the MXN on/off ramp flow according to your setup, using SPEI to move funds through the local banking system..
(Recommended) Configure webhooks and run a test before integrating.
FAQ
What is CLABE?
CLABE is a standardized and unique banking identifier for accounts in Mexico. The Mexican Banking Association (ABM) describes CLABE as consisting of 18 digits: bank (3), branch/city code (3), account number (11), and a check digit (1) used to validate the structure.
Why is there a check digit?
The check digit validates the structural integrity of the number and helps reduce routing errors and rejections caused by incorrect account data.
Does SPEI operate 24/7?
Documents from the Bank of Mexico (Banco de México) describe SPEI as operating 24 hours a day, 365 days a year, with high availability.
How long should a SPEI transfer take?
According to official documentation about the system, Banco de México describes near real-time processing with average settlement around ~1.9 seconds. In practice, end-to-end times may vary depending on banks, connectivity, and internal processing steps.
How can you verify a SPEI payment?
Banco de México provides the CEP (Comprobante Electrónico de Pago) lookup for SPEI payments and indicates consultation hours of 09:30–23:00 (Mon–Sun).
