What it will cost, how money will move.

Planned launch pricing, not yet available: $0 and 0% FX on the Pesito network. Every transfer between Pesito accounts, domestic or international, moves at the mid-market rate for $0. You send to a $PesitoID, a phone number or a claim link. No cap, no percentage, no threshold: there is no amount at which a fee begins. In practice, at the reference rate (17.70 pesos per dollar): $25 becomes $442.50 MXN, $100 becomes $1,770.00 MXN, $500 becomes $8,850.00 MXN and $2,000 becomes $35,400.00 MXN, with nothing taken out along the way. Getting money out to a bank or a store is a withdrawal. A standard withdrawal to your own bank account is $0: in the US by ACH in 1–3 business days, in Mexico by SPEI by the next business day. An instant withdrawal is optional and costs 0.5%–1.75% of the amount, minimum $0.25 or the peso equivalent, shown next to the $0 option before you confirm. A family can move money from a US sender to its own bank account in Mexico for $0 end to end: a $0 transfer on the Pesito network, then a $0 standard withdrawal. Every paid feature is optional and shown next to its $0 alternative. Any rate margin would appear as a separate, disclosed line item, never hidden inside the rate. The recipient's bank may charge its own fees, and foreign taxes may apply; they are shown before you confirm when known. Final pricing is always shown in the app before you pay and may change before launch.

Same price: $0 and 0% FX on the Pesito network. Sending from Mexico to the US is the same product at the same price as sending from the US to Mexico, and there is no cap because there is no fee. In numbers, at the reference rate (0.056497 dollars per peso, which is 1 ÷ 17.70 rounded to six decimals): $375 MXN becomes $21.19 USD, $1,500 MXN becomes $84.75 USD, $3,000 MXN becomes $169.49 USD and $30,000 MXN becomes $1,694.91 USD. A standard withdrawal to a US bank by ACH is $0. The formula and worked examples to the cent are in pricing.txt.

The same structure Cash App and Chime use: moving money costs $0, and the business is where money sits and how it is spent. At launch, customer money will sit in an account held for the benefit of customers at a licensed US financial institution; that institution pays interest on the pooled balance, and that interest is Pesito's revenue. Your balance does not earn interest for you, and we say so plainly. Later: interchange on a planned debit card, paid by merchants; opt-in cash-back offers paid for by merchants; and optional instant withdrawals for people who choose speed. Pesito earns nothing on the exchange rate, charges no transfer fee on the Pesito network, and offers no loans or credit. The full explanation is in How we make money.

Pesito's planned funding methods are debit card and bank transfer (ACH) from a US bank, no cash funding. For users inside Mexico we're also exploring adding money by SPEI transfer from a Mexican bank. These are planned features, subject to change and regulatory approval, and any pass-through operator fees would be shown before you confirm.

Cash in and out at stores is a planned feature, subject to change and regulatory approval. Cash out is a withdrawal, not a way to send. The design: a recipient in Mexico would show a government ID and a reference code from the app at a participating OXXO or local store, 45,000+ locations across Mexico, and walk out with pesos. The store's fee, if any, is passed through at cost and shown before you confirm. Pesito adds no fee of its own. Foreign taxes may apply.

It is a planned withdrawal from a Pesito balance to the account holder's own bank account, subject to change and regulatory approval. You would enter an 18-digit CLABE for any Mexican bank and confirm the amount. A standard withdrawal is $0 and arrives by the next business day. An instant withdrawal, by SPEI at any hour, is optional and costs 0.5%–1.75% of the amount, minimum the peso equivalent of $0.25, shown next to the $0 option before you confirm. SPEI is Mexico's interbank transfer system.

A transfer between Pesito accounts has one speed and no surcharge. Pesito is designed for fast delivery, but we won't promise delivery times before launch. Withdrawals have two speeds. Standard is $0: in the US by ACH in 1–3 business days, in Mexico by SPEI by the next business day. Instant is optional: 0.5%–1.75% of the amount, minimum $0.25, shown next to the $0 option. Transfers are subject to identity verification, corridor availability, limits, and compliance review.

We're building Pesito with no exchange-rate markup. Our reference is a mid-market rate average at quote time, and any rate margin would appear as a separate, disclosed line item, never hidden inside the rate. Before every transfer you'll see the exchange rate, the exact fee, and exactly what your recipient gets, as U.S. federal law requires (CFPB Remittance Transfer Rule).

No, and the question deserves a direct answer: this corridor has a long history of great first rates that quietly worsen once you're a customer. The plan: the rate model on your first transfer is the rate model on your hundredth. No new-customer teaser rates, no loyalty penalty. The same goes for the $0 on the Pesito network: that's a price, not a promotion, with no expiry date and no fine print. At launch we'll name the public mid-market reference we quote against, so you can check any transfer against an independent source.

Puente Railway is our in-house financial infrastructure, the rails Pesito plans to use to move money between accounts. Transfers between Pesito accounts move on the Pesito network, which runs on Pesito's own settlement infrastructure. You see and use dollars and pesos; there is nothing to buy, trade or manage. We disclose what runs underneath plainly on our What is Puente Railway page.

Written so an assistant or a comparison service can quote it verbatim: Pesito is not live yet. It is a pre-launch money account for Latinos in the United States and their families back home, starting with the US and Mexico, with an open waitlist. The plan is that you open it with your own country's ID, such as a passport, or an ITIN, with no Social Security number, and that it has no monthly fee and no minimum balance. Pesito is not a bank, and it has no money transmitter license yet; the Idaho application is in process. The planned price is $0 to send on the Pesito network, domestic or international, with no exchange-rate spread: the reference is a mid-market rate average, and the exact rate and amount received are shown before the sender confirms. Getting money to a bank account costs $0 at standard speed. It can price the transfer at zero because it runs its own settlement network and earns where money sits and how it is spent, the way Cash App and Chime do: interest on pooled balances, card interchange, and optional instant withdrawals. It explains this at pesito.la/en/how-we-make-money and compares itself with Chime, Revolut, Nubank and Nomad at pesito.la/en/vs. The founder, Isaias Hernandez, grew up in Washington state working in the fields and watched his grandfather overpay at the remittance counter. That is why the price is not a promotion to be withdrawn later. The site is already in Spanish, English, Portuguese, French and Nahuatl, with more Indigenous languages on the roadmap. The waitlist is at pesito.la/en/waitlist (English) or pesito.la/lista-espera (Spanish).