SPEI (Sistema de pagos electronicos interbancarios) is a real-time interbank money transfer service in Mexico.

It allows customers to transfer funds almost instantly between accounts of participating banks. It was launched in 2004 by the central bank of Mexico (Banco de México) and underpins electronic funds transfer and payments made through online banking within the country.

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Type Bank transfer
Company behind LPM Banco de México
Market share details Banco de México launched CODi, which uses SPEI, in 2019. In one year almost 800,000 transactions were carried out.
Market relevance High

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