Sistema de Pagos Electrónicos Interbancarios allows users to fund their vault from Mexican bank accounts with Mexican Pesos (MXN). Funds will be automatically converted into USDC.
Who can use SPEI
• Users with access to a Mexican bank account that support SPEI
• Transfers sent from Mexican banks
• Currency must be sent in MXN
Processing time
• Transfers are credited within 5 minutes, however third party transfers may be delayed due to manual verification checks.
• In some cases it may take up to 1 hour depending on the sending bank
Once received, funds are credited to your vault shortly after processing.
Send MXN via SPEI in steps
Step 1 – Get your bank transfer details
Go to: https://ether.fi/app/cash/bank/mxn and select SPEI
(Path: Vault → Add Funds → Bank → MXN)
Accept the terms and conditions to generate your personal bank transfer details.
Please note: Additional verification documents may be required before the transfer feature is activated.
Step 2 – Obtain your bank transfer details
After activation, you will receive your unique transfer details.
Details you will need are:
• Bank Name
• CLABE Number
These are the exact details you must enter when initiating your SPEI transfer.
Always ensure the information matches exactly to avoid delays or rejected transfers.
Step 3 – Send the Transfer
Log into your bank and initiate a SPEI transfer in MXN pesos using the provided details.
Save your transfer confirmation in case you need to follow up.
Fees
Each transfer in MXN via SPEI will include
4.10 MXN fixed fee
0.20% variable fee
There are no additional fees charged by ether.fi for SPEI transfers.
Your bank may charge outgoing transfer fees.
Exchange Rate
MXN 1.00 = 0.0568 USDC
Third party transfers
Please note third party transfers may not be instant. If funds are sent from a bank account that is not in your name:
• Under 10,000 MXN → processed automatically
• 10,000 MXN and above → transfers may trigger additional verification and we may request for information to validate the source and nature of the transfer.
Frequently asked questions
How long does it take for deposits to show in my account?
How long does it take for deposits to show in my account?
Transfers are credited within 5 minutes, however third party transfers may be subject to manual verification checks which may delay the processing of the funds.
Why did I receive less than what I sent?
Why did I receive less than what I sent?
Differences may be due to:
Fixed fee
Variable fees
Exchange Rate
Possible bank wire fee on your side
Can I cancel a bank transfer after sent from my bank?
Can I cancel a bank transfer after sent from my bank?
No. Once your bank sends the wire, it cannot be recalled. If transfer fails due to incorrect information entered, please contact your bank to know about refund times and fees.
Can I withdraw funds back to my bank via SPEI?
Can I withdraw funds back to my bank via SPEI?
No. At the moment, SPEI is available for deposits only. Withdrawals are not supported yet.
Why was my deposit refunded
Why was my deposit refunded
Your deposit may be returned to your bank for one of the following reasons:
• The transfer details were entered incorrectly
• The details do not match your account
• Additional verification was required but not completed
• Compliance, Risk, or regulatory restrictions
If a transfer is rejected, funds will be returned to the sender bank. Your bank may apply fees for new incoming transactions.
Need help with anything else?
If you still have questions or run into any issues, reach out to our support team and we’ll be happy to assist you.