The situation
A hypothetical importer needs the supplier to receive exactly 200,000 Mexican pesos. One offer advertises no transfer fee; the other has a separate $35 fee.
Steps in the example
- Quote A uses an assumed rate of 20.00 Mexican pesos per US dollar and a $35 transfer fee. It requires $10,035 in funding.
- Quote B uses an assumed rate of 19.90 pesos per US dollar and no transfer fee. It requires approximately $10,050.25 in funding.
- With these invented inputs, A needs about $15.25 less funding. Check any unconfirmed deductions separately.
- These figures are for teaching. They are not current peso market data or offers available from a provider.
What to check on your shipment
- Compare quotes for the same amount reaching the recipient.
- Record the rate convention, fees, expiration, and deductions.
- After settlement, reconcile the amount debited with the amount the beneficiary actually received.
Assumptions used in this example
This illustrative scenario uses deliberately invented rates and fees. It is not a provider comparison, live quote, documented client case, or claim of savings.