April

MXN payments via SPEI. Receive pesos from clients, send pesos to Mexican bank accounts, and manage MXN beneficiaries directly in your Devdraft account.

​

MXN Payments via SPEI

MXNSPEIPayments

v2.3.0

Devdraft now supports the Mexican Peso (MXN) through Mexico’s national interbank payment network, SPEI (Sistema de Pagos Electrónicos Interbancarios). You can now receive peso payments from clients and send pesos directly to Mexican bank accounts, all settled in USDC.

	On-Ramp (Receive MXN → USDC)	Off-Ramp (Send USDC → MXN)
Step 1	Client sends MXN to a dedicated CLABE account	Add a Mexican bank beneficiary with their CLABE
Step 2	Funds arrive via SPEI, typically within minutes	Initiate a transfer from your Devdraft balance
Step 3	Devdraft converts MXN → USDC at the live rate	Devdraft converts USDC → MXN at the live rate
Step 4	USDC is credited to your Devdraft balance	Recipient receives MXN via SPEI

Detail	Value
Settlement asset	USDC (1:1 USD)
Payment rail	SPEI
Account identifier	CLABE (18 digits)
On-ramp speed	Minutes
Off-ramp speed	Same day
Coverage	All Mexican banks

MXN Beneficiary Management. Add beneficiaries with their CLABE, full name, and bank name. Saved beneficiaries appear in the transfer flow for fast, repeat payments. Beneficiary names are verified against the SPEI network before saving. All major Mexican banks are supported, including Banamex, BBVA, Santander, HSBC, and more.

• No intermediaries. Direct SPEI rails, no correspondent banks
• Transparent FX. Live MXN/USDC rate shown before you confirm
• Full audit trail. Every transaction logs the clave de rastreo for independent verification
• Unified balance. MXN flows settle in USDC, keeping your treasury in one asset

View the MXN (SPEI) documentation →