When you deposit via SPEI, our payments partner, Facilita Pagamentos S/A, is the party responsible for receiving and converting your money. When they receive your deposit, they add their 0.95% fee to the current Dollar/Mexican Pesos rate and convert your money to dollars*. Once your Mexican Pesos have converted into Dollars, they send it to us. As soon as we receive it, we deduct our 0.5% fee and then credit your account.
*The conversion may not be immediately made upon arrival of your deposit at Facilita in case your account has not been approved yet or if you have pending documentation to submit.
Deposit information is also available in the Deposit section of your app on the your Account menu. Just copy this information in your bank’s mobile app or desktop and finish the deposit!
You can start investing as little as US$1*. There are no limits regarding the amount you can deposit.
*Please see our Fractional Shares Disclosure
The estimated time for the money to reach your account is typically between 10-30 minutes when the deposit is made Monday through Friday (except holidays) between 5am and 10:30am PST. There can still be bank delays but we will be crediting deposits ASAP.
There is no holding period for funds deposited by SPEI.
FacilitaPay uses a service called Bloomberg to get its rates. Conversion to U.S. dollars is made once your deposit is received by Facilita, which means that the conversion rate of your deposit will be confirmed after FacilitaPay receives your deposit and converts the money.
Please note: Deposits made in cash directly in the bank will not be accepted. It has to be made via SPEI from an account registered under the same CURP as the one registered at Passfolio. This way we will be able to identify and match your transaction with your Passfolio account.