*Where do these numbers come from?

Our goal is to provide the most accurate and up to date prices possible when comparing SendBitcoin.mx to our competitors. We currently update all of our pricing data every 30 minutes by automatically visiting their sites and retrieving their most recent rates.

Most traditional remittance services charge two different types of fees - a service fee and an exchange fee. The service fee is usually a flat amount charged on every transaction that depends on how much money you want to send. The exchange fee is the effective amount you are charged when a company offers you an exchange rate that is less than the official interbank exchange rate (for example, while the official exchange rate may be $1 USD = $13.53 MXN, Xoom's rate might be $1 USD = $13.00 MXN). These companies all make money on this exchange rate difference, and the fee is typically not advertised.

With SendBitcoin.mx, we only charge a service fee of 1% of the total value being sent. Neither us nor our Mexican partners make money on the BTC to MXN exchange rate we use, and it is usually within a few basis points of Bitstamp's price.

Feel free to validate these numbers yourself by visiting the company's website directly, or contact us for more information.