--- title: "Open a MXN account in Mexico" canonical: "https://www.useaxra.com/payment-gateways/accounts/mx" updated: "2026-02-04T15:27:14.425Z" type: "account_country" --- # Open a MXN account in Mexico > Opening a MXN balance in Mexico. Local payouts settle in MXN. ## Key facts - **Product:** MXN account - **Account currency:** MXN - **Country:** Mexico (MX) - **Currency:** MXN - **Region:** North America - **Local payment methods:** Credit Card, OXXO and Bank Transfer ## About this account A MXN balance lets you hold funds in MXN and convert when you choose, rather than on every incoming payment. Local payment methods available in Mexico are Credit Card, OXXO and Bank Transfer. ## Eligibility Availability depends on your country of residence (this page covers in Mexico) and your completed verification level. Business products additionally require business verification. ## Frequently asked questions ### Who can open mxn account in Mexico? Verified Axra users in Mexico can open this product, subject to the checks that apply in their region. ### What currency does this settle in in Mexico? Local settlement in Mexico is in MXN. ## Related - [Payment Api For Mexico](https://www.useaxra.com/payment-api-for-mexico) - [Payout Api For Mexico](https://www.useaxra.com/payout-api-for-mexico) - [Open Business Account In Mexico](https://www.useaxra.com/open-business-account-in-mexico) - [Open Usd Account In Mexico](https://www.useaxra.com/open-usd-account-in-mexico) - [Open Freelancer Account In Mexico](https://www.useaxra.com/open-freelancer-account-in-mexico) - [Open Multi Currency Account In Mexico](https://www.useaxra.com/open-multi-currency-account-in-mexico) - [Open Savings Account In Mexico](https://www.useaxra.com/open-savings-account-in-mexico) ## Sources - [Open a MXN account in Mexico](https://www.useaxra.com/accounts/mx) - [Axra country coverage](https://www.useaxra.com/countries.md) --- Axra is a product of GoFree and is provided by GoFree Global Inc and its affiliated entities. Please check our FAQ page for information on which GoFree entity provides services in your region, or reach out via in-app chat or support@joingofree.com. GoFree Global Inc is registered in Delaware, United States, and is registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN). Registration Number: 20222296774. License Number: 31000281485025. GoFree Global Technology Limited is registered in Canada and is registered as an MSB and payment service provider with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), with RPAA registration in progress with the Bank of Canada. Registration Number: 1001010436. License Number: C100000512. The registered address for GoFree Global Inc is 1111B S Governors Ave STE 48051, Dover, DE 19904, United States. The registered address for GoFree Global Technology Limited is 2967 Dundas St. W. #1037, Toronto, ON M6P 1Z2, Canada. Other operating entities include GoFree Global Technology Limited in Nigeria and GoFree Global Technology Limited in Rwanda. We are not a bank; banking services are provided by duly licensed partner banks, and deposits are FDIC insured where applicable.