Can I transfer money in another currency?
Yes, most services allow you to transfer money in various currencies.
The exchange rate will be set by the service at the time of the transfer.
Can I send money from Benin to a bank account in Mexico?
Yes, many international money transfer services allow you to send money from Benin directly to a bank account in Mexico. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for Mexico banks.
What fees does Wise (TransferWise) charge for transferring money to Mexico?
Wise's fees depend on the transfer amount and chosen payment method. You can calculate the exact cost of your transfer on their website before making a transaction.
Will the recipient in Mexico need identification to receive money from Benin?
Yes. If you're sending money from Benin to Mexico for cash pickup, the recipient in Mexico must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Benin is securely delivered in Mexico.
