You can now send and receive money via SPEI directly inside your KAST app. SPEI is Mexico’s official bank-to-bank transfer system, allowing fast and reliable movement of funds across all major banks. With KAST’s local SPEI integration, you can deposit pesos, hold dollars, and cash out to any Mexican bank in just a few taps.
In this article, you’ll learn how to send and receive funds via SPEI, understand processing times, and troubleshoot common issues.
How Do I Send Money via SPEI from KAST?
Sending funds to any Mexican bank account via SPEI is fast and simple:
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| 2. Go to the Pay tab. | |
| 3. Under New Payment, tap SPEI. | |
| 4. Activate SPEI if this is your first time using it. | |
| 5. Enter the amount you want to send. | |
| 6. Add the recipient’s details. You can choose whether to use: CLABE, Mobile number, or Debit Card details. | |
| 7. Review your transfer details and confirm. |
How Do I Receive Money via SPEI on KAST?
Receiving pesos into your KAST account is just as easy:
| 1. From the Home tab, tap Receive. | |
| 2. Select SPEI. | |
| 3. Activate SPEI if you haven’t already. | |
| 4. Copy your details and share it with the sender. |
What Are the Fees for SPEI Transfers?
All SPEI fees are included in the final rate shown when you review your transfer.
| Transfer Type | Fee |
|---|---|
| Deposit via SPEI | 0% (included in the rate shown at checkout) |
| Send via SPEI | 0% (included in the rate shown at checkout) |
How Long Do SPEI Transfers Take?
Incoming SPEI transfers (from your bank → KAST)
- Usually arrive within seconds once the bank releases the transfer.
- Funds are converted to USD instantly in your KAST balance.
Outgoing SPEI transfers (KAST → a Mexican bank)
- Typically settle instantly.
- Funds are converted to MXN.
- Some banks may process transfers with brief delays during off-hours or maintenance windows.
You will get a notification once your transfer is complete.
Which Banks Support SPEI?
All major Mexican banks support SPEI, including:
- BBVA
- Santander
- Banorte
- HSBC
- Scotiabank
- Nu
- And any institution with a CLABE-enabled account
If the bank supports SPEI, it works with KAST.
Can I Send SPEI Transfers to Someone Else?
Yes. You can send SPEI transfers to your own bank account or to any person or business with a CLABE-enabled Mexican bank account.
Just ensure the recipient name and CLABE are entered correctly.
What If My SPEI Transfer Hasn’t Arrived?
If an incoming or outgoing transfer is delayed:
- Check your Transaction History in KAST.
- Confirm that the recipient or sender used the correct CLABE.
- Ask your bank if the transfer is still processing.
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If it’s been more than one business day, contact KAST Concierge for help.
Frequently Asked Questions
Do I need to activate SPEI before using it?
Yes. The first time you use SPEI (sending or receiving), you’ll be prompted to activate SPEI in-app. This takes just a few seconds.
Does KAST convert my pesos to dollars automatically?
Yes. Incoming SPEI deposits are automatically converted to USD. The funds appear in your KAST balance immediately upon arrival.
Can I cancel a SPEI transfer after sending it?
No. Once submitted, SPEI transfers are processed immediately and cannot be canceled. If something looks wrong, contact KAST Concierge right away.
Are there minimum transaction limits?
Yes. The minimum amount per transaction is 10 MXN, whether you're sending or receiving.
Do I earn KAST points for SPEI transfers?
No. SPEI transfers do not earn KAST points. Only specific in-app actions and card purchases qualify toward your rewards.
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