bridge21 Business Payment Advantages

bridge21.com supports business payments to Mexico. We can make one-time payments to your suppliers, vendors, and contractors, or we can make mass-payments to many recipients. We can pay money into any bank account in Mexico using the account's CLABE number, and all we need to verify the identity of your recipient is their name (which we match to the bank account using the SPEI network in Mexico).

bridge21.com pays your recipient using the domestic bank system in Mexico (SPEI), where competing services send international wires from another country. SPEI payments in Mexico are free for your recipient, and settle in a few minutes.

Our competitors typically use international wires, which cost more to send, and take several days to settle. The recipient is charged a fee by their bank (averaging 15 USD) for receiving the wire as well. bridge21.com avoids all of this cost, delay, and hassle for you and your recipients, on top of offering historically better exchange rates and fees.

We have a robust API that you can integrate with so you can add bridge21.com's payout options directly into your own systems, with limited free integration support. Our payment system and API have been used for years to move millions of USD to Mexico without going down.

Pricing

We offer some of the most competitive pricing in the industry. Our total cost is usually 10 to 20 basis points better than our closest competitors. This is because we charge a low 1% fee and offer excellent exchange rates.

Business Registration & Account Tiers

First, open a chat support session with us from bridge21.com. Our chat is encrypted and secure. You may also email us at [email protected].

Please see the table below for the requirements, capabilities, and pricing for each type of business account we offer.

Business Account Tiers

Small Business (tier 1)

Business (tier 2)

Enterprise (tier 3)

Monthly Amount Sent

Up to $10,000 USD

$10,000 USD to $60,000 USD

$60,000 USD to $600,000 USD

Pricing

The current bridge rate + 1% fee

The current bridge rate + 1% fee

The current bridge rate + 1% fee

Payment options

ACH bank account (via bank account login)

US ACH or domestic wire (required over $10,000 USD)

US ACH or domestic wire (required over $10,000 USD)

Documentation Requirements

Business Information

Name, Address, Formation Date, Type (LLC, Corp, etc), Industry, Email, Phone Number, and EIN (taxpayer ID)

Beneficial Owner Information

Name, Date of Birth, Address, Email, Phone, SSN/Tax ID

Business Information

Same as small business, plus proof of income (such as a bank account statement), and an EIN letter from the IRS

Beneficial Owner Information

Same as small business, plus a picture of valid government ID

Business Information

Same as business plus articles of incorporation, bylaws, and proof of address (such as a utility bill)

Beneficial Owner Information

Same as business plus photo ID, and proof of address (such as a utility bill)

Account limits

ACH limits

$3,000 USD Daily

$10,000 USD Monthly

$30,000 USD Annually

Domestic wire limits

$25,000 USD Daily

$60,000 USD Monthly

$80,000 USD Annually

ACH limits

$10,000 USD Daily

$20,000 USD Monthly

$80,000 USD Annually

Domestic wire limits

$300,000 USD Daily

$600,000 USD Monthly

$7,200,000 USD Annually

ACH limits

$10,000 USD Daily

$20,000 USD Monthly

$80,000 USD Annually

Typical Delivery Timing

ACH: 4-5 banking days

ACH: 4-5 banking days

Wire: 0-2 banking days

ACH: 4-5 banking days

Wire: 0-2 banking days

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