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Mexican Bank Account

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Mexican Bank Account

Post by RichD on Sun Dec 11, 2016 9:32 am

As much as I do not want to put my money in a local bank the writing is on the wall. My US bank is just a PIA about me being in Mexico and will not in the future send me debit and credit cards here, just to my bogus US address that costs a lot of money to be forwarded. I will also, I guess, need to have my funds direct deposited here too.

I as for recommendations for a local bank. My preference would be HSBC, but I can only find their ATMs and no branch. In your recommendation, please tell me the costs involved for one with a debit card as I am used to never paying a fee of any kind in the US. I will not require checks, nor a credit card, just a deposit account with the ability to get money at their ATMs. Also, I would like a bank that has a branch physically located between WalMart and Chapala.
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Re: Mexican Bank Account

Post by Carry Bean on Sun Dec 11, 2016 9:36 am

I use Bancomer which doesn't charge any fees as long as you keep a balance of 4500 pesos (I think that's the amount, but not completely certain.) I only use it to direct deposit my SS check. It's a checking account but I don't have checks. They have branches all over the place including Chapala and there's a Bancomer ATM at Walmart as well as the large shopping centers in Guad as well as at Costco. I've never had a problem with them. The SS is deposited on the 3rd of each month and available on the 4th.

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Re: Mexican Bank Account

Post by RVGRINGO on Sun Dec 11, 2016 10:39 am

HSBC is directly across the highway from Walmart in San Antonio Tlyacapan.

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Re: Mexican Bank Account

Post by RichD on Sun Dec 11, 2016 10:52 am

Somehow I managed to open two threads of the same subject and I am sorry.

Does anyone know the scoop on HSBC, my preferred bank, as I have had a relationship with them in the US and find their dual currency ATMs a real asset in my particular circumstances? If so, does anyone in their branch speak English?
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Re: Mexican Bank Account

Post by CanuckBob on Sun Dec 11, 2016 11:17 am

Yes, they have a few English speaking staff.

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Re: Mexican Bank Account

Post by RichD on Sun Dec 11, 2016 12:06 pm

HSBC it will be. Thanks to all.
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Re: Mexican Bank Account

Post by Zedinmexico on Mon Dec 12, 2016 7:49 am

So HSBC has dual currency ATMs? Used them in Jamaica. Yea thats a great feature. Just keep all documentation forever.

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