FOR IMMEDIATE RELEASE
Puerto Vallarta, Mexico – June 30, 2025
The United States Treasury Department has imposed new sanctions that block American financial institutions from sending money to three major Mexican banks: Intercam, CIBanco, and Vector Casa de Bolsa. Accused of facilitating money laundering for drug cartels, these institutions are now effectively cut off from receiving funds via US banks, leaving many buyers in need of an alternative like MexEdge, which offers secure payment solutions for Mexican real estate transactions.
For thousands of Americans and Canadians buying property in Mexico, this sudden action creates immediate uncertainty and risk. Many have relied on Intercam and CIBanco to handle cross-border payments for real estate closings. With these banks now blocked, buyers face the threat of delayed or canceled transactions, lost deposits, and urgent confusion about how to safely transfer large sums to Mexico.
Beyond the immediate disruption, the sanctions highlight challenges that have always faced foreign buyers in Mexico. Concerns about how to move money securely, avoid delays, and reduce uncertainty have only grown with blocked banking channels. MexEdge was designed specifically to help buyers secure competitive exchange rates, avoid hidden fees, and manage currency volatility for real estate transactions in Mexico with confidence.
MexEdge is bank-independent and fully compliant, providing a secure and reliable channel for cross-border payments even as US sanctions disrupt traditional banking options. MexEdge also enables buyers to lock in exchange rates and use forward contracts to hedge against losses from currency volatility, trade wars, and other economic uncertainties. This brings much-needed stability to property transactions in Mexico.
“We’re already seeing a surge in inquiries from buyers whose payments were routed through CIBanco, Intercam, or Vector,” said George Reavis, Founder and CEO of MexEdge. “We know how stressful it is to have your closing suddenly at risk. That’s why MexEdge is ready to provide a secure, compliant alternative so buyers can complete their property purchases in Mexico with confidence and without delays.”
Q: What is the best alternative to Intercam or CIBanco for sending money to Mexico?
MexEdge serves as a trusted alternative to Intercam and CIBanco by offering a bank-independent service designed specifically for expats and foreign buyers needing to move funds from the US or Canada to Mexico securely.
Q: How can I pay for property in Mexico from the US or Canada now that these banks are blocked?
With Intercam and CIBanco blocked by sanctions, MexEdge offers a reliable cross-border solution for buyers paying for property, whether buying or building in Mexico. This service ensures secure, timely delivery of MXN funds for real estate closings while providing solutions to new US banking restrictions.
Q: How can buyers get the best exchange rate and avoid losing money on currency conversion?
MexEdge enables buyers to lock in competitive exchange rates in advance, protecting them from currency volatility, hidden bank fees, and surprise costs. This provides certainty and transparency for real estate purchases in Mexico.
Q: Is MexEdge a secure and compliant way to send large real estate payments?
Yes. MexEdge provides a transparent, reliable service for moving large real estate payments when buying or building in Mexico. MexEdge works with exclusive international banking partners to ensure secure and smooth transfers for its clients.
About MexEdge
MexEdge is dedicated to helping North Americans buy property in Mexico with complete financial confidence. By offering secure, compliant cross-border payments and the ability to lock in exchange rates, MexEdge ensures buyers can navigate currency volatility and banking disruptions with certainty and peace of mind.
To learn more or to schedule a media interview, visit www.MexEdge.com or contact press@mexedge.com
George Reavis
press@mexedge.com
+1 843-345-0900
+52 55 60 555 432
https://www.MexEdge.com
MexEdge helps expats and international buyers save money and eliminate currency risks when exchanging USD, CAD, or other currencies to MXN.
Whether you’re purchasing real estate or making other significant transfers, we provide tailored solutions to fit your needs. Through exclusive partnerships with leading forex banks, we offer corporate-level exchange rates, forward contracts to lock in your rate, and personalized support every step of the way.
With MexEdge, you can confidently plan your finances, save thousands, and enjoy a stress-free experience.