How to order pesos from Chase Bank
Heading abroad? Here’s everything you need to know about ordering pesos with Chase bank.
If you’re heading to a country that uses the peso as currency, you may want to convert your US dollars before you travel.
You can use Wells Fargo® to order pesos in cash for your trip or vacation. We take a look at everything you need to know, including fees, exchange rates, and conversion limits.
We’ll also look at Wise – your international money transfer alternative. Send and spend your money in multiple currencies with just the touch of a button.
You can order pesos from Wells Fargo, including Mexican pesos, Colombian pesos, and Chilean pesos, for example.¹
You’ll need a Wells Fargo checking or savings account to order your cash online – and you can get your pesos delivered to your local branch or opt for home delivery to a US address.
Wells Fargo may also buy back excess pesos from your trip, but this can depend on foreign currency market conditions. Speak to your local branch for more information.²
There are a few different ways to order foreign currency from Wells Fargo. To place your peso order via online banking, simply follow these steps:
Step 1. Log into your Wells Fargo online banking account
Step 2. Select the “Accounts” tab
Step 3. Select “Foreign currency cash”
Step 4. Follow the on-screen prompts to complete your currency order²
You can also order pesos via the Wells Fargo mobile app. Let’s take a closer look at how to exchange foreign currencies from your phone.
Step 1. Log into the Wells Fargo app
Step 2. Click “Menu”
Step 3. Select “Account Services”
Step 4. Select “Foreign Currency”
Step 5. Follow the on-screen instructions to complete your order²
If you want to order your pesos in person, visit your local Wells Fargo branch for help. The bank will deliver your cash to your home address or you can schedule a time to pick up your pesos within 2 to 7 business days.²
There are a few costs and fees to consider before ordering Mexican pesos from Wells Fargo.
You may need to pay a shipping and handling fee for your order. This will be added to your total order amount and will differ depending on how much cash you order.
Some third-party or corresponding banks may also add a small fee to your foreign currency order. Make sure to confirm these costs with your Wells Fargo teller before placing your order.²
A foreign currency exchange rate works out exactly how much your US dollars are worth in pesos.
The mid-market rate is the standard exchange rate for currency conversion. However, many currency exchange providers set their own rates to make a profit from your transaction.
Wells Fargo sets the exchange rate for your conversion at their sole discretion, including a markup. This may add a significant charge to your order.
The exchange rate also fluctuates with market conditions, so you may not know exactly how much you’ll pay until you come to make your exchange.²
Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees from 0.41%.
Open a free personal Wise account online or in the Wise app, and order a linked debit card for spending and withdrawals in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about.
Use your account when you travel or shop online in foreign currencies, send payments to 50+ currencies, and get your own local account details to get paid from 160+ countries.
Say goodbye to overcomplicated currency exchange.
Please see Terms of Use for your region or visit Wise Fees & Pricing for the most up to date pricing and fee information
Wells Fargo no longer offers same-day foreign currency exchange. Instead, you’ll need to order your pesos online or in person for delivery within 2 to 7 business days.
You can choose to get your order shipped to an address in the US – or pick up your cash from your local Wells Fargo branch.
If you opt for home delivery, you’ll need to provide a signature for your order. You’ll need to collect any orders over 3000 USD in person.
Foreign currency cash delivery times can differ depending on currency availability and demand, so make sure to order your pesos in advance.²
Ordering foreign currency cash from Wells Fargo? We’ve put together everything you need to know.
You’ll need to order a minimum of 200 USD online to qualify for your Wells Fargo peso order.
If you order more than 3000 USD, you’ll need to pick up your order in person at a Wells Fargo branch. You can schedule a pickup time when you place your cash order.²
You can order pesos from Wells Fargo via online banking or using the digital mobile app. You can also place your order in person.
Log into your Wells Fargo account to start your order or visit your local branch to order cash from a teller.
You may pay a shipping and handling fee for your Wells Fargo peso order. This will vary depending on how much cash you order.
You’ll also pay an exchange rate markup to convert your US dollars for pesos – and you’ll need to look out for any third-party provider fees.
You’ll need to use your Wells Fargo checking or savings account to purchase your pesos online. Speak to your local branch for more information about how to pay for your order.
If you want to order pesos for your business, you’ll need to buy your foreign currency in person, as you can’t use your business account to order cash online.²
You can use Wells Fargo to order Mexican pesos for your next big adventure. Place your order online or in person – and get cash delivered to your door.
However, there are a few fees to consider, including handling, shipping, and exchange rate costs. Make sure to place your order in advance to avoid disappointment.
To explore your low-fee multi-currency spending options, check out Wise.
Sources
Sources checked 12.2.2024
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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