Opening and Managing a Bank Account in Mexico
A local bank account provides essential facilitation of your day-to-day finances. This article describes how to open and manage an account in Mexico
Your Money and Finances in Mexico
Articles about money, banking and personal finance matters in Mexico
Articles about money, banking and personal finance matters in Mexico
Making Money Transfers To, From, and Within Mexico
Money transfers to from and within Mexico have become easier and less expensive with online banking, although over-the-counter transfer services still exist
The Mexican Peso: A Historical Tour of Mexico’s Currency Value
A brief glance back over 70 years of exchange rate fluctuations reveals a pattern that's woven into the tapestry of Mexico’s peso
Torn Money: The Banknote Versus the Joker
In Mexico, merchants of all kinds tend to reject damaged banknotes, but you can exchange damaged notes at a bank if you have at least half of the note intact
Dealing with Counterfeit Mexican Banknotes
If you find yourself having to deal with a fake banknote in Mexico, options depend on the circumstances under which the fake note came into your possession
Discover Mexico’s Banks and the Services they Provide
An introduction to Mexico's retail banking brands as well as a description of the typical services and facilities offered by all the retail banks in Mexico
The Real Value of Your Service Tip in Mexico
Tipping for services is a practice that is deeply ingrained in Mexican culture and this article describes some key situations where a tip may be appropriate
Using Mexican & Foreign Bank Cards at ATMs in Mexico
ATMs provide an efficient way to obtain local currency in Mexico from a foreign or Mexican bank account, and some also accept cash deposits to local accounts
Cash, Please: You Still Need Notes & Coins in Mexico
Although cashless payment options are increasing in Mexico, the use of notes and coins remains essential in your day-to-day transactions here
La Quincena: The Cash Behind the Friday Rush
Workers' wages are paid every fifteen days in Mexico, and pay days are known as "Quincenas" which make for busy weekends, especially in the capital
2024 Was a Year of Two Halves for the Mexican Peso
Mexico's peso started 2024 in fine spirits, but events during the summer brought pressure to bear on the currency, causing a 19% devaluation by year-end
Learning How to Navigate Mexico’s Tipping Culture
Tipping is woven into the fabric of Mexican trading culture and appropriate in many everyday situations. This article helps you get acquainted with them
