“Directo a México” is a service to send money from a bank account in the United States to any bank account in Mexico.

In response to the Partnership for Prosperity “Action Plan” in 2001 between Mexico and the United States, the Banco de México and the U.S. Federal Reserve agreed to study the possibility of linking both countries payments systems. This connection would create an efficient interbank mechanism to process payments between both countries that would be available to all financial institutions in both countries.

In October 2003, the Federal Reserve Banks and Banco de México established the payment systems in both countries as a way to send government pension payments to recipients in Mexico.

As of February 2, 2004, commercial payments are able to be sent from any U.S. financial institution enrolled in “Directo a México” to any individual who has a bank account in Mexico.

Since July 2005, this payment channel has been registered with the name “Directo a México”.