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Buy Crypto with SPEI
Pay in MXN direct from your Mexican bank in seconds. Copy the one-time CLABE and reference into your bank app, authorize the SPEI transfer, and the coins ship to your wallet as soon as the pesos arrive. No card, no e-wallet account, no waiting for banking hours.
How to buy crypto with SPEI on Switchere
Instant interbank transfer
Any Mexican bank or fintech
CLABE-matched orders
Why buy crypto with SPEI on Switchere
Bank-to-bank in seconds, 24/7
SPEI runs on Banco de México's interbank rail. On most participating banks the transfer clears in seconds, including nights, weekends, and holidays. The crypto leaves the platform the moment the MXN lands.
Any Mexican bank or fintech
BBVA, Banorte, Santander, Citibanamex, HSBC, Scotiabank, Inbursa, Banco Azteca, plus fintechs like Nu México, Klar, Stori, Hey Banco, and Albo - if it issues a CLABE, it speaks SPEI. There is nothing to install beyond your existing bank app.
Skip the card-issuer guesswork
A SPEI payment never touches a card network. Mexican card issuers that decline crypto MCC charges - or international cards that pile IVA on top of FX spreads - never see the order. The bank sees a normal outgoing SPEI; the platform sees an inbound MXN payment.
Live rates, transparent fees
The exchange rate, the service fee, and the final crypto amount are shown on the confirmation screen before the CLABE appears. No hidden spreads, no surprise deductions on the platform side. SPEI itself is free or low-cost on most consumer accounts.
Buy crypto with SPEI from your phone
The Switchere mobile app handles the SPEI flow as cleanly as the web. Place the order, tap to copy the CLABE and reference straight into your banking app, authorize with biometric, and track the status without switching back.
No retyping the 18-digit account number, no pasting reference codes by hand. Both fields are tap-to-copy, and the order screen shows real-time status as the SPEI clears.
Live rates, fee breakdown, and SPEI settlement progress are always one tap away.
Frequently asked questions
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Can I buy crypto with SPEI on Switchere?
Yes. SPEI is supported as a payment method for crypto purchases in MXN. You need a Mexican bank or fintech account with online banking and outgoing SPEI enabled - which is the default for every retail account in Mexico today. -
What is SPEI exactly?
SPEI (Sistema de Pagos Electrónicos Interbancarios) is Banco de México's interbank electronic payment system. It moves pesos directly between Mexican banks using CLABE as the account identifier. Most participating banks process transfers in seconds, 24 hours a day, seven days a week. -
What is a CLABE and why do I need it?
CLABE is the 18-digit interbank account number that every Mexican bank account has alongside its regular account number. SPEI routes only by CLABE, so the platform issues a one-time CLABE for each order. Paste it as the recipient in your bank app and the pesos route directly to your order. -
Why is the reference code so important?
Every SPEI order is tied to a one-time reference code (concepto/referencia) that the platform uses to match the incoming pesos to your specific purchase. If you skip it, change it, or paste it into the wrong field, the transfer cannot be matched automatically and the order will be delayed until support reconciles it manually. -
How long does the order take?
The SPEI transfer itself clears in seconds on most banks. A few smaller banks still process in batches and can take a few minutes. After the platform receives the MXN, it broadcasts the crypto transfer to the network - delivery to your wallet depends on the destination chain. Bitcoin typically takes 10-30 minutes during normal load, while networks like Tron or Polygon settle in under a minute. -
What does it cost?
The platform service fee plus the live exchange rate, both shown before the CLABE appears. Loyalty members earn up to 45% off the platform service fee on qualifying orders. SPEI is free on most retail accounts; some banks apply a small per-transfer fee (typically a few pesos) on certain account tiers, which is shown inside your bank app before you confirm.
Copy. Authorize. Done.
Get the full SPEI buy flow in the Switchere mobile app. Live rates, transparent fees, and tap-to-copy CLABE and reference codes - ready when you are.
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