---
title: "How a US company pays suppliers in Brazil and Mexico from a US bank account"
seoTitle: "Pay Brazil and Mexico suppliers from a US bank account"
description: "Three ways to pay suppliers in Brazil and Mexico from dollars in a US bank account: an international wire, a fintech transfer, or USD to Pix or SPEI."
date: "2026-10-04"
updated: "2026-10-04"
category: "payments"
author: "BlindPay Team"
howto:
  name: "How to pay a supplier in Brazil or Mexico from a US bank account with BlindPay"
  steps:
    - name: "Onboard your company"
      text: "Create your company as a customer and complete KYB, including formation documents, ownership, and proof of address. KYB Standard is reviewed in 3 hours to 1 business day."
    - name: "Choose how dollars come in"
      text: "Send USD by ACH or domestic wire against a payin quote with a memo code, or request a US virtual account in your company's name for recurring deposits."
    - name: "Receive stablecoins"
      text: "BlindPay converts the deposit to USDC or USDT and delivers it to your wallet. ACH and wire deposits can take up to 5 business days to arrive."
    - name: "Add the supplier's bank details"
      text: "Register a Pix key or Brazilian bank routing for Brazil, or an 18-digit CLABE for Mexico, with the recipient relationship set to vendor or supplier."
    - name: "Create a payout quote"
      text: "Quote the invoice amount in reais or pesos. The quote shows the market rate, the rate after fees, and the exact amount the supplier receives, and expires in 5 minutes."
    - name: "Execute the payout and send remittance advice"
      text: "Execute the payout before the quote expires. Pix and SPEI land in minutes. Email the supplier the invoice number, since the statement shows BlindPay's name."
faq:
  - q: "What is the cheapest way to pay a supplier in Brazil from the US?"
    a: "Usually the route with the smallest FX spread and no correspondent fees, which means converting once and paying out over Pix. An international wire adds your bank's outgoing fee, possible intermediary deductions, and the FX margin of whichever bank converts. A stablecoin route shows the market rate and the rate after fees in one quote, so the gap is visible before you pay."
  - q: "How long does it take to pay a Mexican supplier over SPEI from a US bank?"
    a: "The SPEI leg settles in minutes, at any hour. The slow part is getting dollars in: ACH and wire deposits into BlindPay can take up to 5 business days to arrive, and a new virtual account takes several business days to approve. Companies with recurring payables often keep a stablecoin balance so each supplier payment is a quote and a payout."
  - q: "Do I need a crypto wallet to pay suppliers this way?"
    a: "Yes, a wallet sits between the two legs. BlindPay delivers converted dollars as USDC or USDT to a wallet, then pays out from it. That can be an external wallet your company controls, which keeps the payout non-custodial, or a BlindPay managed wallet (in beta), where BlindPay holds the balance and no signing is needed."
  - q: "What does the supplier see on their bank statement?"
    a: "For Pix and SPEI payouts, the statement shows BlindPay's name as the sender, according to BlindPay's payout descriptor docs. That means the supplier can't match the payment to your company from the statement alone. Send the invoice number and amount by email or through your accounts payable tool when you pay."
  - q: "Can the supplier receive US dollars instead of reais or pesos?"
    a: "Yes, through SWIFT. BlindPay pays out USD over SWIFT (POBO/COBO) to 100+ countries, tracked by UETR with MT103 confirmations, and SWIFT payouts to third parties need compliance documents such as an invoice before they release. It takes up to 5 business days, so use it when the supplier asks for dollars, not as the default."
---

A US company can pay suppliers in Brazil and Mexico from a US bank account in three ways: an international wire, a fintech transfer, or a stablecoin route that turns dollars into reais over Pix or pesos over SPEI. With BlindPay, USD arrives by ACH or wire, converts to USDC, and pays out over Pix or SPEI in minutes, with every fee shown in the quote.

This guide starts where most finance teams actually start: dollars in a US business checking account and an invoice in reais or pesos. If you already hold USDC, [how to send USDC to a bank account in Brazil](/resources/more/how-to-send-usdc-to-bank-account-brazil) is the shorter path.

**Key takeaways**

- Pix and SPEI settle in minutes, 24/7. The slow step is getting dollars into the payment provider, which takes 1 to 5 business days by ACH or wire.
- A wire's cost is spread across your bank's fee, intermediary deductions, and an FX margin you rarely see. A stablecoin quote puts the market rate and the rate after fees side by side.
- Collect the right details up front: a Pix key or bank routing for Brazil, an 18-digit CLABE for Mexico.
- Pix and SPEI statements show BlindPay's name, not yours, so send remittance advice with every payment.
- KYB on your company comes first. Budget days, not minutes, for onboarding and for a virtual account if you want one.

## What are the options for paying a supplier in Brazil or Mexico?

There are three: send an international wire from your US bank, use a fintech that converts and pays out locally, or convert dollars to a stablecoin and pay out over Pix or SPEI. Each moves the money between countries differently.

1. **International wire (SWIFT).** Your bank sends dollars through one or more correspondent banks to the supplier's bank, and someone along the chain converts to reais or pesos. Familiar, slow, and the FX rate is set by whichever bank converts.
2. **Fintech transfer.** A money transfer company collects your dollars in the US and pays the supplier from its own local balance in Brazil or Mexico. Faster than a wire, and the provider funds those local balances in advance.
3. **Stablecoin route.** Dollars convert to USDC, the USDC settles on a blockchain, and a local institution pays the supplier in reais over Pix or pesos over SPEI. No correspondent chain and no pre-funded local balance on your side.

For context on price levels, the World Bank's [Remittance Prices Worldwide, Issue 54](https://remittanceprices.worldbank.org/sites/default/files/2026-04/RPW_main_report_and_annex_Q325.pdf) put the average cost of sending $200 from the US at 5.04% in Q3 2025, and banks were the costliest type of provider at 14.99%. Those are consumer remittance figures, not B2B invoices, but the cost layers are the same ones a supplier payment runs through. [What cross-border payments cost in 2026](/resources/more/cross-border-payment-costs-2026) has the corridor detail.

## How do the routes compare?

The stablecoin route is the fastest to the supplier once dollars are in, and the only one of the three that shows the market rate next to your rate in every quote. A wire still wins when the supplier needs dollars.

| Route | How money crosses the border | Supplier receives | Time once funded | Cost visibility | Pre-funding |
| --- | --- | --- | --- | --- | --- |
| BlindPay: USD in, Pix or SPEI out | USD to USDC, on-chain settlement, local payout | BRL over Pix or MXN over SPEI | Minutes, 24/7 | Market rate, rate after fees, flat fee, and amount received in each quote | None; each payout is funded when you send it |
| International wire from a US bank | Correspondent banking chain | BRL, MXN, or USD, depending on who converts | Up to 5 business days | Outgoing fee known; intermediary deductions and FX margin often not | None for you; correspondents hold balances |
| Fintech transfer | Provider pays from its own local balance | BRL or MXN, usually over a local rail | Often same day | Depends on the provider; ask for the rate before fees | None for you; the provider pre-funds |

BlindPay also sends SWIFT (POBO/COBO), with UETR tracking and MT103 confirmations, for suppliers who want dollars. [POBO vs COBO explained](/resources/more/swift-pobo-vs-cobo-explained) covers how those payments are made on your behalf.

## How does the stablecoin route work from a US bank account?

It runs in two legs: dollars in and reais or pesos out, with USDC in a wallet in between. Each leg has its own quote.

**Leg 1: dollars in.** You have two ways to send USD from your US bank, both covered in the [payins docs](/docs/payins):

- **A payin quote with a memo code.** Create an ACH or wire payin, and BlindPay returns bank details plus a `memo_code` to put on the transfer. Good for occasional payments. ACH and wire payins can take up to 5 business days to arrive, and payins without a virtual account are capped at $500,000 per transaction.
- **A US virtual account.** A dedicated routing and account number in your company's name that takes ACH, wire, and SWIFT deposits and converts each one to USDC or USDT in your linked wallet. It costs $1.50 per month per account, and goes through compliance review and then bank review before approval ([virtual accounts](/docs/virtual-accounts)). Better for recurring payables. [How to accept bank transfers and settle in stablecoins](/resources/more/accept-bank-transfers-settle-in-stablecoins) walks through it.

A third option, `ach_pull`, pulls the dollars from a bank account you connect through Plaid, with a flat $1.00 fee per pull.

**Leg 2: reais or pesos out.** From the wallet, you create a [payout quote](/docs/payout-quotes) against the supplier's bank account and execute it. Per the [payment methods docs](/docs/kb/payment-methods), Pix, PIX Safe, and SPEI settle in minutes. TED, Brazil's wire-style rail, takes about 1 business day.

Both instant rails run around the clock. The Banco Central do Brasil describes [Pix](https://www.bcb.gov.br/en/financialstability/pix_en) as available 24 hours a day, every day, with funds available to the recipient in a few seconds. Banco de México runs [SPEI](https://www.banxico.org.mx/servicios/spei_-informacion-banco-mex.html) on a 24/7 schedule and has operated it since August 13, 2004. [Instant payment systems by country](/resources/more/instant-payment-systems-by-country) compares them with the US and European rails.

The wallet in the middle is either an external wallet your company controls, which keeps the payout non-custodial, or a BlindPay managed wallet (beta), where BlindPay custodies the balance and you skip on-chain signing ([payout with managed wallet](/docs/payout-managed-wallet)).

## What does the supplier need to give you?

For Brazil, a Pix key or full bank routing. For Mexico, an 18-digit CLABE and the beneficiary's name. Get them before the invoice is due, not on the day.

| Country | Rail | Details to collect |
| --- | --- | --- |
| Brazil | Pix | Pix key: CPF, CNPJ, phone, email, or random key |
| Brazil | PIX Safe | Beneficiary name, CPF or CNPJ, bank ISPB code, branch, account number with check digit, account type |
| Brazil | TED | Same as PIX Safe, with the bank's COMPE code instead of ISPB |
| Mexico | SPEI | 18-digit CLABE and beneficiary name |

Field-level rules are in the [bank accounts docs](/docs/bank-accounts). [Pix keys, CPF, and CLABE explained](/resources/more/pix-key-cpf-clabe-payout-details) covers what each identifier is and how to validate it.

When you add the supplier, set `recipient_relationship` to `vendor_or_supplier`. It records why you're paying this account, and it tells BlindPay the account belongs to a third party rather than your own company.

## What documents should a supplier payment carry?

An invoice, at minimum, kept in your own records and ready to attach. What the rail requires depends on the rail.

- **Pix and SPEI payouts** never wait for documents. You can still attach an invoice to the payout for BlindPay's compliance team while it's processing or after it completes ([payout quotes](/docs/payout-quotes)).
- **SWIFT payouts to a third party** go `on_hold` after creation until the required compliance documents are submitted and approved. Payments to your own account don't need them.
- **Your own onboarding** needs KYB documents: formation documents, an ownership structure naming each beneficial owner, and proof of address ([KYB documents](/docs/kb/kyb-documents)). A virtual account adds source of funds and source of wealth, backed by statements, tax returns, or contracts and invoices.

One practical gap: the supplier's statement for a Pix or SPEI payout shows BlindPay's name as the sender, per the [payout descriptor docs](/docs/kb/payout-descriptor). Send remittance advice (invoice number, amount, date) by email or from your accounts payable tool so the supplier can match it.

## How do you read the quote on a R$54,000 invoice?

The quote does the math, so the job is to read it. The numbers below are made up to show the arithmetic. They are not a BlindPay rate.

Assumptions:

- The invoice is R$54,000, and the supplier must receive exactly that.
- You quote with `currency_type: "receiver"` (the amount is in reais) and `cover_fees: true` (fees are added on top, so the supplier gets the full amount).
- The quote returns a market rate (`commercial_quotation`) of 5.400 BRL per USDC and a rate after BlindPay's fee (`blindpay_quotation`) of 5.373.

The math:

1. **At the market rate**, R$54,000 costs 54,000 / 5.400 = 10,000.00 USDC.
2. **At the rate after fees**, it costs 54,000 / 5.373 = 10,050.25 USDC.
3. **The difference** is 50.25 USDC, or about 0.50% of the payment. Add any `flat_fee` the quote shows, and you have the all-in cost of the payout leg.

The payin leg (USD to USDC) has its own quote with its own fees, so price both legs. [How to calculate FX spread](/resources/more/how-to-calculate-fx-spread) runs the same check against any provider's quote, including a bank wire, so you can compare like for like.

## What compliance checks apply?

Your company is checked once at onboarding, and each payment is screened as it runs. Both sides of the corridor have their own rules too.

- **KYB on your company.** KYB Standard is reviewed manually in 3 hours to 1 business day ([cut-off times and onboarding SLAs](/docs/kb/cut-off-times)). Nothing moves before it clears.
- **Screening on every payment.** Payments are screened in real time. A payin or payout can be held for review, for example on a first withdrawal or an amount that's large for your history, and a hold can take up to 30 days to resolve.
- **Supplier-side rules.** The supplier receives a domestic Pix or SPEI credit in local currency. How they book and declare it is a question for their accountant in Brazil or Mexico.
- **US records.** Keep invoices, contracts, and payment confirmations together. They answer most questions from auditors and from the provider.

This is for information only and is not legal advice. Rules differ by country and by the type of supplier.

## How do you pay a supplier in Brazil or Mexico with BlindPay?

Six steps, and only the first one is slow.

1. **Onboard your company.** Create the customer and complete KYB.
2. **Choose how dollars come in.** A payin quote with a memo code for one-off payments, or a US virtual account for recurring ones.
3. **Receive stablecoins.** The deposit converts to USDC or USDT and lands in your wallet.
4. **Add the supplier's bank details.** A Pix key or Brazilian bank routing, or a CLABE, with `recipient_relationship` set to `vendor_or_supplier`.
5. **Create a payout quote.** Quote the invoice amount in BRL or MXN, check the market rate against the rate after fees, and confirm within 5 minutes.
6. **Execute the payout and send remittance advice.** Pix and SPEI land in minutes. Track the payout until `completed`, then email the supplier the invoice reference.

Paying the same suppliers every month? Many teams keep a USDC balance sized to a week or two of payables. Then step 2 happens in the background, and each supplier payment is just steps 5 and 6.

## When is a wire still the right choice?

When the supplier invoices in dollars, holds a dollar account, or banks in a country without a local rail you can reach. A wire is also simpler for a one-off payment where speed doesn't matter and your bank already knows the supplier.

For Brazil and Mexico specifically, the local rails cover almost every business account, so the wire is the exception. [USDC to BRL routes](/resources/more/usdc-to-brl-routes-2026) and [USDC to MXN routes](/resources/more/usdc-to-mxn-routes-2026) compare the providers and rules on each corridor, and the [hub on real-time cross-border settlement](/resources/more/what-is-real-time-cross-border-settlement) explains why the leg between countries sets the speed.

## What to do next

Pick one supplier in Brazil or Mexico and price their next invoice both ways: your bank's wire quote against a BlindPay payout quote. Start with the [payout quickstart](/docs/quickstart-payout) on a free development instance.