My mother just left the country to Mexico, and I am trying to find the best way to sent her money.
The local place like Dollex, Western Union, normally charge a low fee but they make it on the exchange rate. I just check the peso and it is 13.60 to the dollar. Dollex at this moment only pays 12.30 per peso. 1.30 per dollar is a great deal since I will sending her ~ 6 k per year.
My thought is to have Forex do the exchange for me and wire the funds to her account at Walmart's Bank in Mexico.
This is where she does her shopping, her cable bill for 60 channels is only 15 dollars per month: I am envy mine is the same with another decimal point.
Any thoughts are welcome