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Interbank Electronic Payment System: Who Qualifies and What You Get

Learn how to use the Interbank Electronic Payment System to send and receive instant money transfers between bank accounts in Mexico.

The Interbank Electronic Payment System is a service that allows you to send and receive money instantly between different bank accounts.

Who it's for

This system is available to all bank account holders.

What you get

You get the ability to make instant interbank transfers, meaning money moves from one bank to another without the long wait times associated with traditional methods.

What it costs you

While the service itself is a standard banking function, some banks may charge a small fee for each transfer you make.

The catch to know

You must always double-check the 18-digit CLABE number—which is the unique account identifier used for these transfers—before you send any money to ensure it reaches the correct person.

How to apply

  1. Log in to your official mobile banking app or online banking website.
  2. Select the option for transfers or electronic payments.
  3. Enter the recipient's 18-digit CLABE number and the amount you wish to send.
  4. Verify all recipient details are correct before confirming the transaction.

For more information, visit the official portal: https://www.banxico.org.mx/