BajaNomad

Help out with Bank locations in towns

BajaBad - 9-30-2007 at 01:28 PM

If you are in a good mood ;):yes:and don't mind giving a little assistance, I would love your help with one of my last tasks in finishing this a bit overwhelming of a project (94 pages, 34,000 words... time to go to the beach)

If you can give info on banks in your town (no addresses or any other info, just if you have this one or that one) I would appreciate it!

Mexican Banks in Baja and Types of Accounts
Banks: There are five major financial institutions in Baja: BBVA- Bancomer, Banorte, Serfin-Santander, HSBC and Banamex. They are located in the following towns;

BBVA – Bancomer (merged with BBVA in June of 2000):
Banorte (formerly named Bancen):
Serfin-Santander:
HSBC (Hong Kong & Shanghai Banking Corp):
Banamex (Banco Nacional de Mexico):

Cheers, BajaBad

bajabound2005 - 9-30-2007 at 01:43 PM

The actual banks or ATMs? Ensenada has all of the above banks and there are ATMs for all of these banks if many location (grocery stores, for example). There is also Scotia Bank in Ensenada.

Maneadero has a Bancomer branch.

bajajudy - 9-30-2007 at 01:47 PM

All of the above here(San Jose) and/or in San Lucas. Scotia too.

oxxo - 9-30-2007 at 02:16 PM

Quote:
Originally posted by lenchoLa Paz has them all. Multiple branches of most, perhaps all. (Anybody know that about Serfin?)

--Larry


Yes, Serfin in La Pa' too.

bajalou - 9-30-2007 at 02:22 PM

Bancomer and Banamex in San Felipe

Cypress - 9-30-2007 at 02:31 PM

Banco? :spingrin:

BajaBad - 9-30-2007 at 03:42 PM

Thanks Cypress, I was getting concerned with no smart a. in the crowd! :yes:

A much improved list (was the first empty... oops!) and credited to the folks from BajaNomads (not edited yet... and not sure about the Santa Rosalia, have to confirm... )and more to add but some I did not know about - thanks a ton!

If you have any to add please do and MUCH appreciated, BajaBad

------------------ eBook ----------------------
Mexican Banks in Baja and Types of Accounts
Banks: There are five major financial institutions in Baja: BBVA- Bancomer, Banorte, Serfin-Santander, HSBC, Banamex and Scotia Bank. They are located in the following towns.
Note - listings due in part or almost total to the great folks at BajaNomads, one of the many listservs that is full of those who have ‘Gone Baja’. To join for free, click here: http://www.bajanomad.com

BBVA – Bancomer (merged with BBVA in June of 2000): Tijuana, Playas de Rosarito, Ensenada, San Felipe, Vizcaino, Guerrero Negro, Santa Rosalía, Mulege, Loreto, La Paz, San Jose del Cabo & Cabo San Lucas. Maneadero
Banorte (formerly named Bancen): Tijuana, Ensenada, La Paz, San Jose del Cabo,
Serfin-Santander: Tijuana, Ensenada, La Paz, San Jose del Cabo,
HSBC (Hong Kong & Shanghai Banking Corp): Tijuana, Ensenada, La Paz, San Jose del Cabo
Banamex (Banco Nacional de Mexico): Tijuana, Ensenada, San Felipe, Guerrero Negro, Santa Rosalía, La Paz, San Jose del Cabo
Scotia Bank: Ensenada,

BajaBad - 9-30-2007 at 03:44 PM

Should say at the BajaNomad online forum --- hate it when I enter in bajanomads ... sorry, time to sign-off and get back to work!

BajaBad - 9-30-2007 at 03:48 PM

Just a thought here is the rest of text if anyone has anything to add - and appreciate the 'only ATM' comment -- not something I had thought of...

----------------

Bank Accounts: The two types of basic accounts available are... no surprise: checking and savings. Savings accounts are now available in pesos or in dollars. Now that dollar accounts are available, you don’t have to worry about losing money due to fluctuating exchange rates. Put dollars into your account, and it is dollars you can withdraw at any time. However, you can not have ATM access with a dollar account, for obvious reasons.

Checking and savings accounts may or may not charge monthly fees. Bancomer requires a minimum balance of 1000 pesos ($100 U.S.) in order to avoid a monthly fee. They will charge your account $7 U.S. any month that your balance is under 1000 pesos ($100 U.S.).

Investor accounts are also available. These include interest bearing accounts in pesos and certificates of deposit. A minimum deposit of $500 to $1000 U.S. dollars may be required to open either of these accounts. Certificates of deposit are in pesos only. They are guaranteed by the issuing bank.
--------------------
BajaBad

DENNIS - 9-30-2007 at 03:48 PM

Quote:
Originally posted by Cypress
Banco? :spingrin:

He's taking a nap. Don't wake him up.

villadelfin - 9-30-2007 at 04:11 PM

Quote:
Put dollars into your account, and it is dollars you can withdraw at any time. However, you can not have ATM access with a dollar account, for obvious reasons.

Bancomer now has a dollar account called Libreton that gives you a visa debit card/atm.

villadelfin - 9-30-2007 at 04:14 PM

Peso CD accounts can be for 28 days, 90 days or longer. 1/2 percent of the interest automatically goes to taxes.

fdt - 9-30-2007 at 04:34 PM

Branches to all of the banks you mentioned are available here in Tijuana, regrettably they are all on the free road :lol:

Russ - 9-30-2007 at 05:16 PM

Bancomer and Banamex in Santa Rosalia

backninedan - 9-30-2007 at 05:26 PM

Loreto has Bancomer and will soon have a Banamex

Al G - 9-30-2007 at 05:29 PM

Todos Santos has a Banorte...I think and I think a bancomer is going in...help...people of TS. I know there is a new ATM (Bancomer?)Have not been there since May...

Baja&Back - 9-30-2007 at 05:38 PM

Scotiabank Inverlat has branches in Cabo, San Jose, La Paz, Ensenada, that I know of.

I applied with them last year & was told no account without owning land in Mexico or having a FM3. Tried several branches. Even had a glowing letter from my local Scotia manager.

Oh well, guess Mexico doan wan my moola.:(

bajajudy - 9-30-2007 at 05:52 PM

Quote:
Originally posted by BajaBad
Now that dollar accounts are available, you don’t have to worry about losing money due to fluctuating exchange rates. Put dollars into your account, and it is dollars you can withdraw at any time.


Oh yes you can still lose money....the dollar has been losing against the peso for a week. If you pay your bills here in Baja, of course, in pesos....you can still lose because the dollars that you put in that account were worth more when deposited...i. e. it will take more dollars to buy the same amount pesos.

[Edited on 10-1-2007 by bajajudy]

bajabound2005 - 9-30-2007 at 06:59 PM

Banamex, I believe, is owned by Citibank, which might be worth mentioning.

BajaBad - 10-1-2007 at 06:08 PM

Thanks very much. Online Thursday at www.vivalabaja.com

When these newbies come your way Be Nice!

oxxo - 10-1-2007 at 07:02 PM

At least two branches of Serfin in CSL - not on your list.