Tio Rocky
Nomad
Posts: 176
Registered: 6-30-2004
Location: La Paz
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ATM Withdrawal Fees
I live here in Baja but all my business is done through a US bank. I presently use a free checking account at Washington Mutual and withdraw my living
expenses from the ATM?s here. I usually withdraw $500 US each visit to the ATM and pay a $5 dollar fee per withdraw.
Does anyone know a better or cheaper way to do this?
Thanks
Tio Rocky
Baja Events
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elgatoloco
Ultra Nomad
Posts: 4323
Registered: 11-19-2002
Location: Yes
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We bank with US Bank. Currently the only charge I now get is a $1.25 fee from Banamex. Got 5,000 pesos last Friday, $452.81.
MAGA
Making Attorneys Get Attorneys
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Tio Rocky
Nomad
Posts: 176
Registered: 6-30-2004
Location: La Paz
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PayPal
I was also told that PayPal only charges a buck and a half.... if so that would be best because most of my income comes thru them then I transfer it
to my bank.....
Tio Rocky
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FrankO
Nomad
Posts: 301
Registered: 11-10-2002
Location: Ocean Beach
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I use San Diego County Credit Union and I don't get charged a fee on that side of the border, amazingly enough.
Union thug.
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Dave
Elite Nomad
Posts: 6005
Registered: 11-5-2002
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City Bank in conjunction with Banamex has a special account for those who live in Mexico. There are no fees.
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bajagrouper
Senior Nomad
Posts: 964
Registered: 8-28-2003
Location: Rincon de Guayabitos, Nayarit, Mexico
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Mood: happy and retired
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not City Bank
It's Citi Bank, since Citi owns Banamex all you need is a checking or savings account at Citi and an ATM card, this will allow you to get $500.00 USD
in Pesos per day with out any fee,that special account lets you get $5000.00 a day($5.00charge) or $25000.00 a week($25.00 charge)...California
Commerce Bank(owned by Citi) also has special accounts for retires that live in Mexico...
I hear the whales song
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BajaNomad
Super Administrator
Posts: 4969
Registered: 8-1-2002
Location: San Diego, CA
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Mood: INTP-A
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| Quote: | Originally posted by Tio Rocky
I was also told that PayPal only charges a buck and a half.... if so that would be best because most of my income comes thru them then I transfer it
to my bank.....
Tio Rocky |
Just remember that PayPal is notorious for locking up accounts for various reasons, and that
would be spooky to rely on them as your main lifeline for dinero. If you use them, have a backup.
Regards,
--
Doug Means
When I was young, I admired clever people. Now that I am old, I admire kind people.
– Rabbi Abraham Joshua Heschel
We know we must go back if we live, and we don`t know why.
– John Steinbeck, Log from the Sea of Cortez
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mrchuck
Junior Nomad
Posts: 82
Registered: 11-6-2002
Location: Gun Barrel City, TX
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Bank of America !!!
I am surprised that no one has mentioned that Bank of America owns 2 Mexican Banks, and has shares in another.
Therefore there IS NO ATM charge when you use Santander Serfin Bank, Scotia Inverlat Bank, or HSBC Bank.
I use them often, and no charge.
Also, forget about Wells Fargo. I moved accounts from them since they always charge.
Saludos, mc
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Debra
Super Nomad
Posts: 2101
Registered: 10-31-2002
Location: Port Orchard Wa./Bahia de Los Angeles BC
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Also no charge with Key Bank (although I don't recommend them)
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Bob and Susan
Elite Nomad
Posts: 8802
Registered: 8-20-2003
Location: Mulege BCS on the BAY
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Mood: Full Time Residents
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NEVER NEVER NEVER!!!!
use paypal....
read:
http://paypalsucks.com
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CasaManzana
Nomad
Posts: 398
Registered: 7-4-2004
Location: Was Mulege:Posada Beach/now Zihuatanejo
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Mood: Naykid
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bank fees???
We are 24/7/12 in Mulege and use whatever banks are in Loreto and Santa Rosalia. Our Marin County S&L and the local banks have never charged
anything...this Baja bank thing must be in the last two weeks...si or no?
[Edited on 11-19-2004 by CasaManzana]
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