The "Directo a México" program enables remitters to send money from a bank account in the USA to any bank account in Mexico, offering a safer, cheaper and more efficient remittance channel than traditional money transfer operators. The sender pays all fees; there are no deductions or fees for the beneficiary in Mexico. The payment is initiated in USD and converted into Mexican pesos using a highly competitive foreign exchange rate. Consumers using this program pay one of the lowest fees on the market, at less than USD 5 per transaction regardless of amount sent.