How to Send Money to Bancomer, BBVA and Other Mexican Banks
Whichever bank your recipient uses in Mexico, you don't need a different process for each one. Fonmoney sends money directly to any Mexican bank account using the recipient's CLABE — the 18-digit code that identifies any account in the country. Here's how that works with the banks people ask about most.
BBVA (formerly Bancomer)
BBVA is Mexico's largest bank by customers, and still widely known by its former name, Bancomer — BBVA bought out the Bancomer brand years ago, but the name stuck. Whether your recipient calls it BBVA or Bancomer, it's the same bank: Fonmoney sends money to BBVA directly to their account, using their CLABE and full name. No separate BBVA login or app needed on your end.
Citibanamex
Citibanamex (formerly Banamex) is one of Mexico's oldest and largest banks. A transfer with Fonmoney reaches a Citibanamex account the same way as any other bank in Mexico — straight to the CLABE, in Mexican pesos (MXN).
Santander México, Banorte, HSBC and Scotiabank
The same applies to every other major bank in the country. Fonmoney deposits directly into accounts at Santander México, Banorte, HSBC México and Scotiabank México, without your recipient needing to visit a branch or confirm anything on their side.
Banco Azteca
Banco Azteca works a little differently for some services in Mexico, but for receiving a bank transfer it's no exception: with the account's CLABE, Fonmoney can send money to a Banco Azteca account the same way as to any other bank.
| Bank | Also known as | What your recipient needs to share |
|---|---|---|
| BBVA | Bancomer | CLABE + full name |
| Citibanamex | Banamex | CLABE + full name |
| Santander México | — | CLABE + full name |
| Banorte | — | CLABE + full name |
| Banco Azteca | — | CLABE + full name |
| HSBC México | — | CLABE + full name |
| Scotiabank México | — | CLABE + full name |
Why the bank doesn't change how you send
Mexico's SPEI payment system connects every bank in the country through the same standard: the CLABE. That's why Fonmoney doesn't need a different product for Bancomer, Citibanamex or any other bank — one transfer, straight to whichever account your recipient gives you.
Fonmoney lets you send money to Mexico from numerous countries, straight to any Mexican bank, with a clear exchange rate before you confirm the transfer.
