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What is SPEI?

Understanding SPEI and how Sling Money uses it.

Updated over 3 weeks ago

SPEI (Sistema de Pagos Electrónicos Interbancarios) is the national interbank payment system used in Mexico for transferring funds in real time. Managed by Banco de México (the central bank), it allows secure, fast transactions between bank accounts—often within seconds to minutes, even across different banks.

At Sling Money, we work with trusted financial partners to connect your Sling wallet to Mexico’s SPEI payment rails, so you can:

  • Add funds from your Mexican bank account to your Sling Money wallet

  • Withdraw funds from your Sling wallet to your local Mexican bank account


All local peso transactions via SPEI are processed through DLOCAL MÉXICO SA DE CV, our local payment partner. You may see DLOCAL listed as the entity processing your deposits or withdrawals on your bank statement.

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