According to the mexican government ’ s Institute for Mexicans Living Abroad, over 11 million Mexicans live in other countries, with the huge majority based in the U.S. Remittances they send contribute about 3 % of the country ’ s home income. But because of exorbitant telegram fees and unfair substitution rates, sending money to loved ones in Mexico can be costly .
At Remitly, a trusted transfer company, we provide a bare app for sending money internationally.
When sending money to Mexico, Remitly have many providers you can choose from, including Elektra and Banco Azteca. In fact, Remitly has over 25,000 pickup locations throughout Mexico .
Sending Money to Elektra in 5 Easy Steps
- Download the app and sign in (or create an account on the web).
- Select Mexico as your destination country.
- Decide the amount of US dollars (USD) or Mexican pesos (MXN) you wish to send.
- Select cash pickup or direct deposit as your delivery option and select Elektra. If you choose cash pickup, select a cash pickup location.
- Enter your recipient’s name and information and enter your bank account information such as their account number. Review your transfer summary details for accuracy and push send!
- With Remitly, you can also send money directly to your loved one’s Banco Azteca account. Simply choose a different delivery option in the app.
With Remitly, you can besides send money directly to your love one ’ second Banco Azteca report. Simply choose a different manner of speaking choice in the app .
Why Should I Use Remitly to Send Money to Elektra ?
money transfers should be easy. With low transmit fees and competitive substitution rates, Remitly is an low-cost option. Using our app or web site, you can easily send money to loved ones while besides taking advantage of our excellent commute rates, so you can get more cuban peso for every dollar .
You can read more about this on our page about our dollar to peso rates and fees when sending money to Mexico .
We make sure to send your money on time. Plus, with fewer fees and low transfer fees, you ’ ll no long have to deal with any hassles while sending money base .
How Quickly Will my Money Arrive at Elektra ?
Using Remitly, it ’ south efficient and promptly to send money to Elektra. Senders that pay with a debit card or credit menu can transfer money within minutes .
For those that aren ’ deoxythymidine monophosphate in a bang, transfers via bank score take three to five days .
How much money Can I Send to Elektra with Remitly ?
Remitly is committed to helping users send remittances both big and belittled to Elektra and Banco Azteca while prioritizing safety and play along regulations. That keeps you, your money, and your recipient plug .
To that end, we have sending limits based on the information provided by a customer .
Customers that provide the minimum information necessary can send arsenic much as :
- $2,999 within 24 hours
- $10,000 within 30 days
- $18,000 within 180 days
Is It Safe to Send Money to Elektra with Remitly ?
There ’ s a argue millions worldwide trust Remitly ’ mho money transfer services.
Remitly uses two-factor verification and personal data encoding like other trusted fiscal services to ensure safe logins and batten transactions .
You can besides turn on SMS/text notifications to keep an eye on your transplant. If anything goes incorrect while sending funds, you ’ ll get your money bet on .
Why We Love Elektra and Banco Azteca
Elektra is chiefly a furniture and appliance retailer. They besides sell cell phones, motorcycles, and even your kid ’ south back-to-school backpack .
When they started their own depository financial institution, Banco Azteca, it made life easier for their customers, who could shop and bank in the like localization .
Banco Azteca is now one of the most well-known banks in Mexico, along with longstanding banks like Bancoppel, Bancomer, and BBVA .
Elektra is everywhere, excessively. It has over 1,800 locations in Mexico then your kin and friends can pick up cash at the most convenient placement for them. These locations are assailable 9 AM to 9 PM every day of the class, including Saturdays and Sundays .
In addition to convenience, Elektra offers larceny policy .
Elektra’s Theft Insurance
When you pick up a remittance in cash at an Elektra localization, you don ’ t need to be afraid that person will steal your money ampere soon as you leave the store. That ’ randomness because Elektra insures every remittance up to 6,000 MXP for four hours .
safety and security are our top priorities, so we are gallant to make it easier for you to send money to banks that offer extra protective covering throughout the manner of speaking procedure .
Where Else Can I Send Money in Mexico ?
If you ’ re looking for a different payout location around the nation, visit our network in Mexico page to see the 25,000 locations you can choose .
now more than ever, you want to support your family rear home, and Remitly is here to help. With the Remitly app, you can send funds in minutes to Elektra and track your transplant every step of the manner.
think of sending money to other countries in Latin America ? Check out the rates to send money to Argentina, Colombia, El Salvador, Guatemala, Honduras, Panama, and more countries on Remitly ’ s web site and start sending nowadays .
Learn more about Remitly or download the app today .
This issue is provided for general information purposes only and is not intended to cover all aspects of the topics discussed herein. This publication is not a substitute for seeking advice from an applicable specialist or professional. The contented in this publication does not constitute legal, tax, or other master advice from Remitly or any of its affiliates and should not be relied upon as such. While we strive to keep our posts up to date and accurate, we can not represent, warrant or otherwise undertake that the subject is accurate, complete or up to date .