> ## Documentation Index
> Fetch the complete documentation index at: https://devdraft.ai/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# April

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

<Update label="MXN Payments via SPEI" description="v2.3.0" tags={["MXN", "SPEI", "Payments"]}>
  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 →](/docs/guide/rails/mxn-spei)
</Update>