BajaNomad - Loreto/BBVA Bancomer no cash currency exchanges

Loreto/BBVA Bancomer no cash currency exchanges

flyfishinPam - 4-16-2009 at 04:57 PM

I went into the highway branch this morning of Bancomer in Loreto and noticed a sign stating that as of April 1st, they will no longer exchange cash foreign currency for pesos. US dollars are for deposit only. They then list documents required to open an account.

I asked if it was possible to exchange dollars if you're a tourist and was told no.

This sign was not posted in the downtown branch as I also had to use the teller in there today too. I did ask about tourists exchanging money they said traveler's checks are OK, cash only for deposit.

Don't know what Banamex is doing but usually they're looser with their policies but tent to catch up to Bancomer's eventually.

CaboRon - 4-16-2009 at 04:59 PM

This is just a scam by Bancomer to get the service fees for a new account.

[Edited on 4-17-2009 by CaboRon]

flyfishinPam - 4-16-2009 at 05:02 PM

but this also applies to tourists who couldn't meet the requirements of opening an account. I think, well... I'll keep that to myself.

CaboRon - 4-16-2009 at 05:03 PM

Bancomer will open an account for anyone who is stupid enough to pay their outrageous fees ....

It is interesting that the Bancommer ATM only dispenses pesos for the dollars in your state side account ....

[Edited on 4-17-2009 by CaboRon]

DianaT - 4-16-2009 at 05:06 PM

Another thread about the same thing

http://forums.bajanomad.com/viewthread.php?tid=38237

However, my question was not answered. What about the ATMs ----will they still give out pesos when drawing on a US Bank account??

Quote:

Originally posted by CaboRon

It is interesting that the Bancommer ATM only dispenses pesos for the dollars in your state side account ....

That is what I hope they are still doing???

Diane

[Edited on 4-17-2009 by jdtrotter]

bajalou - 4-16-2009 at 05:17 PM

Quote:

Originally posted by CaboRon
Bancomer will open an account for anyone who is stupid enough to pay their outrageous fees ....

It is interesting that the Bancommer ATM only dispenses pesos for the dollars in your state side account ....
[Edited on 4-17-2009 by CaboRon]

Wells Fargo and Citi bank won't give me pesos at their ATMs in the US.

What do you expect?

flyfishinPam - 4-16-2009 at 05:18 PM

I think the ATM question depends on the bank. I would guess if the bank had an ATM that could dispense dollars or pesos you would have a choice. So far in Loreto they all dispense pesos only. So of course if you draw out of a US account you will receive pesos in exchange for the amount of dollars coming from that account.

Sorry about my posting this duplicate, I didn't realize it had already been addressed. I only go inside the bank once a month to pay seguro social everything else I do electronically, but I wanted to give a heads up to tourists.

DianaT - 4-16-2009 at 05:22 PM

Quote:

Originally posted by flyfishinPam
I think the ATM question depends on the bank. I would guess if the bank had an ATM that could dispense dollars or pesos you would have a choice. So far in Loreto they all dispense pesos only. So of course if you draw out of a US account you will receive pesos in exchange for the amount of dollars coming from that account.

Sorry about my posting this duplicate, I didn't realize it had already been addressed. I only go inside the bank once a month to pay seguro social everything else I do electronically, but I wanted to give a heads up to tourists.

We depend on the ATM at the Bancomer for our pesos so we hope that does not changes.

Thanks and thanks for bringing the subject up again.

Diane

EnseNADAslim - 4-16-2009 at 05:28 PM

It's been my understanding for a long time that you can only exchange money at Casa de Cambios, and yes, usually you need to have an account to exchange money at any bank. If you notice the banks usually have a better exchange rate, thus I think they're providing a service for their customers by exchanging their dollars for pesos.
I would not expect any ATM in Mexico to give me dollars,,,,,I mean come on folks,,,,uhhhh,,,we're in a foreign country. Next thing ya know we'll all want Big Mac's----Dohh!!!! wait, that's right we can get those down here,,,,,,,,but what normal human would want a Big Mac.

DianaT - 4-16-2009 at 05:40 PM

Quote:

Originally posted by morgaine7

Quote:

Originally posted by jdtrotter
What about the ATMs ----will they still give out pesos when drawing on a US Bank account??

If you mean what I think you mean ... using a US bank cash/debit card in a Bancomer ATM to get pesos ... I just did it two days ago for the first time with no problem.

Kate

Yes, exactly. It is the way we get pesos when we are down there, even though we have to drive almost 70 miles to get to the ATM. :lol:

We were just concerned with this new twist in exchange inside, there might be a change in being able to access our US account.

Diane

[Edited on 4-17-2009 by jdtrotter]

Don Alley - 4-16-2009 at 06:15 PM

I got pesos late this afternoon from the Loreto Bancomer ATM by the hwy, using a cash card from a small independent US bank. Nothing has changed.

I do know that a previous local Bancomer manager expressed some frustration existing at the bank over the amount of business they do with people seeking free services, such as check cashing and money exchange. According to him, the long lines at the bank we had to wait in were mainly people with no accounts, who provided no source of revenue for the bank. So maybe what they are saying here is to go to the currency exchange places that make a profit exchanging currencies. Or use the ATMs, they charge a fee and make money.

Meanwhile, our local businesses will gladly accept your dollars at a convenient, easy to compute 10% rate! :biggrin:

CaboRon - 4-16-2009 at 06:48 PM

Quote:

Banorte will dispense dollars if you have a dollar account in their bank ..... otherwise you get pesos for your dollars at the ATM

flyfishinPam - 4-16-2009 at 06:56 PM

Thats nice but every bank is different.

In Cabo San Lucas right next to the American consulate that HSBC ATM dispenses pesos or dollars. I used it to draw off my B of A account and got dollars. Never expected that.

Like it or not ensenada slim, our tourist driven economies depend on dollars and if getting dollars is convienent then guess what? spending them will also be convenient. that's what we depend on here.

MitchMan - 4-19-2009 at 11:02 AM

I am sorry, I apologize in advance for my blatant ignorance.

After reading all of the above replies, can I conclude that I can use my USA Bank of America USD checking account’s ATM Visa debit card at a Loreto or La Paz Bancomer ATM machine to withdraw funds from said USD BofA checking account and get the withdrawal in Pesos from that Bancomer ATM at the available Bancomer exchange rate at that moment in time?

If so, does the Bancomer ATM charge/deduct a fee for the withdrawal transaction? If so, How much is that fee?

I consider myself a smart guy, but in my life’s experience, every once in a while, something that is common knowledge to everyone completely escapes me. Is this one of those times?

[Edited on 4-19-2009 by MitchMan]

Bajahowodd - 4-19-2009 at 11:34 AM

It's almost a given that each bank will charge a withdrawal fee. Last time I used an ATM to get Pesos, it coast me a total of $5. Then, my U.S. bank also charges a currency conversion fee. Moral of the story is make larger, less frequent withdrawals.

On another note, it was mentioned that some ATMs offer choice of Pesos or Dollars. Kinda have to decide whether purchasing in dollars is gonna work, based upon individual merchant's rate of exchange. For my part, I think working in Pesos works best.

comitan - 4-19-2009 at 11:49 AM

Last week all the Banamex ATM's were out of order? had to use Bancomer the service charge was $2.29. Shown on my online statement.

Packoderm - 4-19-2009 at 11:50 AM

That is very interesting about traveler's checks being ok. I always bring them, but now I may bring a bigger ratio of my funds as traveler's checks. B of A has my picture on file. It would be extremely helpful if they could print my picture on each traveler's check just as it appears on my ATM card. That would go a long way towards making them more solvent in hotels, restaurants, and gas stations - though I have never really had much of a problem in the hotels and bigger restaurants. I sometimes suspect that the more sinister forces in Mexico wish exclude traveler's checks as an accepted form of funds. After all, it does offer great protection from loss, theft, and graft.

rpleger - 4-19-2009 at 12:08 PM

I think what were talking about is walking into a bank with dollar bills and exchanging them for pesos. I don't know any bank that will do that without having an account...Here in México or in the US...
Most people use an ATM card or a credit card to get cash anymore... Tourist use Travelers Checks.

Mariz - 4-19-2009 at 02:17 PM

I have a Bof A debit card and it works in the ATM at Bancomer, that's how we get pesos also. They have a limit on the withdrawl(?), of $5000.00 pesos per day, which is about $400-$500 usd, depending on the exchange rate.

DianaT - 4-19-2009 at 02:22 PM

Quote:

Originally posted by Mariz
I have a Bof A debit card and it works in the ATM at Bancomer, that's how we get pesos also. They have a limit on the withdrawl(?), of $5000.00 pesos per day, which is about $400-$500 usd, depending on the exchange rate.

I am glad the ATM is still spitting out pesos---however, I think the limit is put on by the US bank because we have drawn out a lot more that 5000.00 at one time at the Bancomer in Vizcaino.

We like to take more out at one time because the fee is the same.

Diane

Bajahowodd - 4-19-2009 at 02:57 PM

I've walked into a bank in La Paz on more than one occasion, just to exchange, and never had a problem. And no account.

Travelers checks are becoming anachronistic. You ought to check out the incredible decline in their use world-wide. All because of ubiquitous ATMs.

bill erhardt - 4-19-2009 at 03:17 PM

Mitch.......I use my US Bank of America debit card to get cash in Loreto. I usually make withdrawals of 10,000 pesos. For each transaction two separate fees are charged to my account, one charge of $5 US, and a second charge of 1% of the cost of the transaction in US dollars. At the current rate of exchange total fees for withdrawal of 10,000 pesos is around $12 US. I have checked a couple of times and the rate of exchange given at the local ATM's is pretty close to the prevailing rate. I believe that the $5 charge is constant regardless of the amount of funds withdrawn, so charges are minimized with larger withdrawals.

Hook - 4-19-2009 at 03:30 PM

Bill, if you guys ever get a Santander Bank in Loreto, those fees would disappear when using your B of A card. That's the route many of us use over here on the mainland.

BTW, this issue surfaced on the San Carlos boards and someone mentioned that the disdain for exchanging dollars for pesos at banks was due to a change in a Mexican law. It was supposedly passed to make it more difficult to launder drug money coming in from the US.

Pescador - 4-19-2009 at 03:41 PM

Let's clear this up. For as long as I can remember you were able to walk in to the bank and change dollars for pesos and there was no fee whatsoever. That is the service which has just ended. Now, you can still use the ATM and you either pay for the privelege or you do not, depending on what your home bank charges for those transactions. We raised hell about being charged a withdrawl fee in a foreign bank and got the fees reversed, but not all banks in the US are willing to do that.

Bajahowodd - 4-19-2009 at 03:57 PM

I bow to your superior knowledge. I haven't exchanged in a bank in two years.

David K - 4-19-2009 at 04:16 PM

Am I missing something here? :?:

EVERYONE (in Baja) accepts DOLLARS happily!

It may be perhaps that they get a small 'tip' at the exchange rate they will offer... If you are in Mexico with a bunch of dollars, then you are most likely someone on a vacation... and giving a small tip to the 'underpaid' or small businessman isn't going to kill you, right?

Jeepers people... why be so tight wadded... Use dollars if you run out of pesos on your vacation or use dollars from the start.

If you really think it is 'insulting' your host to not use their currency, why not ask... I have... and more often than not they prefer DOLLARS! LOL
I see 'locals' in the markets and they are using dollars to make purchases without a problem... so why should gringos be bothered using dollars, too?

If you are worried about getting 'ripped off' at Pemex stations, use a calculator... the exchange rate is posted (almost always)... and if not, ask before pumping. Take the peso figure on the pump and divide by the exchagne rate for the dollar amount you owe.

Pemex 101:

238 pesos (at 11.50: 1 rate) is $20.70 US. (238/11.50 = 20.70)

If you give them $25.00, your change should be $4.30 US or ~49.45 pesos
($4.30 X 11.5).

Don't feel like you need to rush, operate on 'Mexican time' and be satisfied with the exchange... and have a good time... prcatice your Spanish... make friends!

DianaT - 4-19-2009 at 04:38 PM

Quote:

Originally posted by David K
Am I missing something here? :?:

Yes, you are missing a lot----many of us are not there on vacation, we live there part or full time.

Many of us are on retirement fixed incomes and don't have the money to just throw around freely---tipping is a different topic. Taking things to friends is different.

And just because one is travelling in Mexico with a lot of dollars, does not mean they are on vacation---very broad assumption.

Thanks for the math lesson---yes, living there it would just great to go everywhere with a calculator.

Maybe it is time for the poll again so that you can remember the number of people on this forum who are NOT just on a free wheeling grand spending spree.

Besides, David. Since most of your trips are short and often to a place like Shell Island, just how much money do you throw around?

Diane

Diver - 4-19-2009 at 05:07 PM

Hey Diane, leave DK alone please !

Dk is loaded; carries his cash in a big, fat money belt around his waist. :biggrin:

Wealthy math genius working under cover, he needs no calculator ! :wow:

He spends tons of time and tons of cash with big tips in Baja. :yes:

I have always used pesos in Baja.
It is easier for me and easier for the merchants.
Tipping remains a separate issue as it should be.

[Edited on 4-20-2009 by Diver]

Barry A. - 4-19-2009 at 06:36 PM

Everybody speaks from their own experience, and thereby there own perspective, and that is how it should be. All have good points, it seems to me.

Personally, I have always carried pesos in Mexico, leaving my greenbacks at home, or at the border. I exchange them at a "Casa de cambio" on the USA side of the border, and get more pesos from ATM's in Mexico if I run out. This works for me.

I usually have about $500 usa worth of pesos on me when I start south, and get more at ATM's if I need to (which is seldom). I never-------repeat NEVER---------use my credit cards south of the border except possibly at "nice" hotels.

In my 71 years, I have never been stolen from on either side of the border, but I do take precautions, and am an ex-cop.

Travelled all over the world, and never had a problem------taking the proper precautions is the answer, I suspect, and having a good, positive attitude, and trying not to do dumb things.

Barry

David K - 4-19-2009 at 07:14 PM

Anyone who goes to Mexico and is going to panic because they were so stupid to only bring 100 dollar bills or not get enough pesos before their trip deserves to be inconvenienced, I think!

If it was that hard to understand: I was not addressing ANY part time gringo property owners... Do you guys really bring loads of $100 dollar bills to Mexico and expect banks to give you pesos without fees??? Tisk, tisk!

There are commercial money exchange houses at the border to do this, for Pete's sake... and if you run short, you use the ATMs for more pesos if you don't have small bills.

As for the personal insults from the usual gang, I am NOT as privileged as you and do not have the wealth to even dream of living in Mexico, yet... I am primarily a camper and most trips are for less than a week. However, I have traveled to the Cape or Loreto many times since the 1960's and my family or I (since 1974 traveling without them) have never had a problem using dollars anywhere... even in tiny fishcamps.

I was addressing the 'panic' that was mention about some bank not doing money exchange for non-clients... It is not unsolvable, and should not ruin your vacation! I AM FOR MORE NOMADS GOING TO BAJA and THAT HELPS the locals... not you who panic about some bank policy.

I do share all of my trips on this forum with an accent on the adventure that Baja holds... I know from the emails and replies I get that I am creating the desire for people to go to Baja for the beauty, people, culture, history...

When someone in Baja has something that we would enjoy, and allows me to assist with getting the word out, all of you can benefit by me not keeping it a secret... Shari and Bahia Asuncion, for example.... Baja Cactus in El Rosario, Nuevo Mazatlan, the historic sites, etc.

So, do something positive for a change and stop your petty snipping at my views. We should all be able to share our Baja experiences without being jumped. If you know of a place that will not take dollars, please post it... so none of us (who run out of pesos or only use dollars) will bother that businmess with our lousy greenbacks!! :light:

Diver - 4-19-2009 at 07:27 PM

Bunch of panicky penny pinching stupid tightwadds !
Glad no one here is like that; they might get offended.

Did anyone not know that DK had traveled to Baja with mom when he was 6 ?
OK then, now you know; test is next week.
Also, please be prepared to list all of the things that Dk has done for Baja.

David K - 4-19-2009 at 07:36 PM

Quote:

Originally posted by Diver
Bunch of panicky penny pinching stupid tightwadds !
Glad no one here is like that; they might get offended.

Did anyone not know that DK had traveled to Baja with mom when he was 6 ?
OK then, now you know; test is next week.
Also, please be prepared to list all of the things that Dk has done for Baja.

What's the matter Diver, didn't you enjoy the hospitality of Baja Cactus? Why the hostility? I was with my mom AND dad, thank you... it was Gonzaga Bay in 1965... Do you want to see a picture? :lol:

There is no mystery about what I have done since Baja Nomad began or why I do what I do as a travel writer since I was 15 or Baja web site creator since 2000... What is it that makes you do what you do? What is it that you do?

got baja?

PEACE!

Diver - 4-19-2009 at 07:43 PM

Peace back at you !
I didn't know you worked hospitality at BajaCactus.
It's much better than it was years ago, before you worked there. :biggrin:

(Read carefully and you'll get a few more clues for the test answers.)

David K - 4-19-2009 at 07:47 PM

I love you too man!

DianaT - 4-19-2009 at 07:48 PM

Quote:

Originally posted by David K
Am I missing something here? :?:

The answer to that in my post was yes, you are missing a lot.

It is not a matter of you posting YOUR OPINION about how you think people should travel, it was your absolutes and condemning attitude about people who don't think like you do---ones with different opinions. And you painting with a broad brush.

And again, David, when you travel to a place like Shell Island, how much money do you drop in Baja?

Quote:

Jeepers people... why be so tight wadded... Use dollars if you run out of pesos on your vacation or use dollars from the start.

Quite a put down David---everyone who does not agree with you is tight wadded?

You do help a lot of people with somethings, but there is more to the Baja experience that yours. Try to accept that.

It really does not matter when the first time you visited Baja---it really doesn't.

Diane

Pescador - 4-20-2009 at 10:03 AM

Since most ATMs charge a fee, I used to stash money all over the camper and truck when I went to Mexico and then would go to the bank and exchange for pesos as I needed them. The only downside of this was that I had to wait in line for a long time, but the exchange was pretty painless and worked well. I finally worked out a solution with my bank that I no longer am charged for ATM fees so that is the easiest solution now.
But the real problem that I see occuring now is the fact that the local business people are going to have a major problem when they accept dollars since very few have an account at the bank. In the US, most people have accounts at the bank and use checks, etc., to pay for things but in Mexico it is an entirely different story. So now Jose and Margarita who own a small restaurant find themselves in a real bind when it comes to accepting dollars for their meals. They do not do enough business to necessitate opening a bank account with all the fees and charges but they have no access to exchange. So David's idea is flawed from the standpoint of putting unnecessary hardship on the locals. It was not that many years ago where there was no bank in Mulege and because they had a large tourist base of business, it was a real hardship to exchange dollars for pesos. Bruce knew this as well as anyone and used to charge for that exchange until they built the bank across the street.
So as a part time resident, I can adjust accordingly, but I worry about my friend who occasionally takes people fishing. He is going to have a major problem exchanging his dollars for pesos so that he can feed his family or buy shoes and clothes.

shari - 4-20-2009 at 10:17 AM

just a FYI...mexicans cannot exchange dollars at our bank Bancomer...you have to have a foreign passport...but we can deposit them into our account and then withdraw the cash out. And getting a bank account may be difficult for some and getting to the bank is another story too...a long way on a crappy road. Our store does exchange them for not a bad rate though.

[Edited on 4-20-2009 by shari]

Bajahowodd - 4-20-2009 at 10:37 AM

It would seem to me that one shouldn't expect to use dollars between Ensenada and Cabo. Ironically, every major hotel in Cabo has a money exchange (usually at an unfavorable rate), while virtually all of the tourist oriented businesses accept dollars and will often give change in dollars. If I stop at a restaurant from San Quintin to Constitucion, I would never think of paying in dollars. Unlike the past, many businesses accept credit cards now. Except for the foreign transaction fee assessed each time, I find using plastic when available allows me to carry less cash.

David K - 4-20-2009 at 12:54 PM

You know I am only using my personal experiences in Baja of over 45 years... which maybe not enough time to have seen the facts (according to a few of you). Also, my trips extend to many more locations than Shell Island... which shows stupidity for even saying such a thing since all my trips are online here and at VivaBaja.com for everyone to see. I also wrote two guidebooks and several magazine articles about Baja travel. You can call it opinion if you wish... and for that matter, most everything here is one form of opinion over another.

I don't have ANY problem with anybody using pesos... I am only trying to relieve the fear that if you only have dollars in Baja, you are out of luck... and that is NOT true. I am trying to take away the excuses for avoiding Mexico... being affraid of not getting pesos for dollars is not necessary.

Pescador, locals don't need to go to banks to exchange dollars for pesos because EVERYONE in Baja uses dollars... It is a dual currency peninsula. With the peso dropping in value, having dollars gives our Mexican friends MORE buying power! I thought I said that while in markets all over Baja I see locals using dollars to make purchases. Sure, you make get things a bit cheaper by using pesos from an exchange house at the border or ATM... but not a big enough difference to avoid Baja... IMO (That means 'In My Opinion', Diane, okay?) :light:

DianaT - 4-20-2009 at 01:34 PM

Quote:

Originally posted by David K
You know I am only using my personal experiences in Baja of over 45 years... which maybe not enough time to have seen the facts (according to a few of you). Also, my trips extend to many more locations than Shell Island... which shows stupidity for even saying such a thing since all my trips are online here and at VivaBaja.com for everyone to see. I also wrote two guidebooks and several magazine articles about Baja travel. You can call it opinion if you wish... and for that matter, most everything here is one form of opinion over another.

I don't have ANY problem with anybody using pesos... I am only trying to relieve the fear that if you only have dollars in Baja, you are out of luck... and that is NOT true. I am trying to take away the excuses for avoiding Mexico... being affraid of not getting pesos for dollars is not necessary.

Pescador, locals don't need to go to banks to exchange dollars for pesos because EVERYONE in Baja uses dollars... It is a dual currency peninsula. With the peso dropping in value, having dollars gives our Mexican friends MORE buying power! I thought I said that while in markets all over Baja I see locals using dollars to make purchases. Sure, you make get things a bit cheaper by using pesos from an exchange house at the border or ATM... but not a big enough difference to avoid Baja... IMO (That means 'In My Opinion', Diane, okay?) :light:

David,
If you are going to respond, please do not misquote---

Regarding your trips, this is what I wrote.

Quote:

Besides, David. Since most of your trips are short and often to a place like Shell Island, just how much money do you throw around?

That makes me stupid? Of course you go other places, but most of your trips you report here are short in duration. And the reference to Shell Island was a question as to just how much money do you throw around when you go camping, or do you take most of what you need.

Of course most of what is posted here is opinion. I think I said that.

Quote:

It is not a matter of you posting YOUR OPINION about how you think people should travel, it was your absolutes and condemning attitude about people who don't think like you do---ones with different opinions. And you painting with a broad brush.

No matter how long anyone has traveled Baja, opinion is opinion, and if you read some of the other posts from BCS you will see that using dollars IS NOT always appreciated---sometimes yes, sometimes no.

As Shari said

Quote:

just a FYI...mexicans cannot exchange dollars at our bank Bancomer...you have to have a foreign passport...but we can deposit them into our account and then withdraw the cash out. And getting a bank account may be difficult for some and getting to the bank is another story too...a long way on a crappy road.

In some places like Bahia Asuncion, it is a cash economy--no credit cards, no ATM and most the people we know DO NOT have bank accounts and it takes a lot of expensive gas to drive that crappy road. There are lots of places where that is the situation, and yes, they will accept dollars, but many prefer pesos---much easier.

And did it occur to you that pescado just might know a bit more about the situation where he lives part a the year?

Were you just trying to relieve fear as you stated above when you wrote.

Quote:

Jeepers people... why be so tight wadded... Use dollars if you run out of pesos on your vacation or use dollars from the start.

Sure sounds like name calling and your opinion of people who do not think like you do.

And I also wrote,

Quote:

You do help a lot of people with somethings, but there is more to the Baja experience that yours. Try to accept that.

But maybe my stupidity was showing when I wrote that.

So, if you are going to attack, that is fine, but please do not misquote me or yourself.

Diane

[Edited on 4-20-2009 by jdtrotter]

David K - 4-20-2009 at 03:14 PM

Never attack, but always defend... You say a lot of things on here and do you see me always jumping on little details? Can't we all just get along and gather some data as we need.

I stand corrected about your Shell Island comment... you were only generalizing and I saw it as being specific, I am sorry.

The bottom line is that not having pesos is not the 'end of the world'... or even a problem. Sorry if I didn't make that clear when I first responded in this thread.

Now, have a nice day!

DianaT - 4-20-2009 at 03:30 PM

Quote:

Originally posted by David K
which shows stupidity for even saying such a thing

So sorry David. I did not realize that was simply a defense and not a specific attack stated as always, as fact. :rolleyes:

Guess that proves I really am stupid.

Diane

[Edited on 4-20-2009 by jdtrotter]

Confession is good for the soul ....

beercan - 4-20-2009 at 03:53 PM

You are a marooon and I am happy that you said it !!!

Quote:

by diane
Guess that proves I really am stupid. Diane

I don't think that any of Davids statements were going to do anyone harm. He has his opinions and many of them are well known and well stated.

DianaT - 4-20-2009 at 04:00 PM

Quote:

Originally posted by beercan

I don't think that any of Davids statements were going to do anyone harm. He has his opinions and many of them are well known and well stated.

I will ignore your gutter attack---which is expected.

And yes David, as does everyone, has opinions, and some posters actually state that what they are saying is opinion, verses fact.

Diane

tripledigitken - 4-20-2009 at 04:16 PM

David and Diane,

I am curious. Did your relationship develop in person and online or has it just evolved solely online? This internet thing never ceases to amaze me. :?:

Ken

Natalie Ann - 4-20-2009 at 04:27 PM

Quote:

Originally posted by jdtrotter

Quote:

Back to the banking issue....
The withdrawal limit is set at the US bank - by YOU.
If you want to be able to withdraw a thousand or more dollars, all you gotta do is make that your limit and hope the atm does not run out of dinero half way through dispensing pesos.

Another thing to remember.... you need a 4 digit PIN in Mexican banks. Since US banks encourage you to use 5 numbers, you may need to change this.

Nena

DianaT - 4-20-2009 at 04:36 PM

Quote:

Originally posted by Natalie Ann

Back to the banking issue....
The withdrawal limit is set at the US bank - by YOU.
If you want to be able to withdraw a thousand or more dollars, all you gotta do is make that your limit and hope the atm does not run out of dinero half way through dispensing pesos.

Another thing to remember.... you need a 4 digit PIN in Mexican banks. Since US banks encourage you to use 5 numbers, you may need to change this.

Nena

Yes, at our request, our bank raised our limit---also, don't forget to call your bank if you plan on using your ATM or after the first withdrawal in Mexico, some will put a hold on the card---same with credit cards.

But, if you have to call to have a hold removed and use the toll free number for out of the country, a real person answers the phone---since they are paying the bill, they don't put you on hold. At least my credit card company and bank have not put us on hold----

Diane

[Edited on 4-20-2009 by jdtrotter]

bajalou - 4-20-2009 at 04:44 PM

You set the daily limit with your bank in the US. The Mexican banks sometimes impose transaction limits ie. 5000 pesos per transaction. If your daily limit is larger, you might have to do two withdrawals.

Diver - 4-20-2009 at 05:59 PM

OK, no more swiping at DK; let's celebrate him instead.
The following is a list of famous DK quotes to study; test is coming soon !!

Quote:

Originally posted by David K
Shows stupidity for even saying such a thing …
They were so stupid ….
Can't we all just get along ...
I stand corrected ...
Sorry if I didn't make that clear when I first responded ...
You know that isn’t what I meant …
You know I didn’t mean you …
Now, have a nice day!

comitan - 4-20-2009 at 07:16 PM

Just got back from a beautiful day on the water, I have read the posts and cannot celebrate so I guess I will flunk the test, but when it comes to DK I'm afraid I will always flunk,but there is always the possibility that DK would be the one flunking.

David K - 4-21-2009 at 08:24 AM

Glad I give you guys so much to write about!

How about some Baja photos or trip reports or stories... anything??? :lol:

bajamikey - 4-21-2009 at 10:41 AM

i have a $1000 usd limit per day on my atm card. the banamex next to the pemex in loreto has a $5000 paso limit per draw

comitan - 4-21-2009 at 11:04 AM

DK

I would post photos but I'm still so angry with the Bush administration for screwing thing up so badly Its near impossible to fix.

Barry A. - 4-21-2009 at 11:29 AM

Quote:

Originally posted by comitan
DK

I would post photos but I'm still so angry with the Bush administration for screwing thing up so badly Its near impossible to fix.

OFF TOPIC, OFF TOPIC!!!!!! (Comie, you ain't seen nothing yet, when it comes to "screw ups", I am thinking-----hang on to your seat) (-:

Barry

shari - 4-21-2009 at 11:30 AM

Bancomer in vizcaino has a 5,000 peso limit but you can get 2 transactions of this amount.
The thing about people accepting dollars is that they dont mind but might only give you a 10-1 exchange so they dont have to frig around with change or a changing rate....so dont be mad.

fishbuck - 4-22-2009 at 04:11 PM

When I was in Ensenada yesterday I got dollars out of the HBSC Atm. Problem was they were $50's. Went into the bank to ask for change and they wouldn't break the $50's.
Fortunately, Blanca (FM3 lady) gave me change when I went back to get my passport.
Another reason I like Blanca! :cool:

DianaT - 4-22-2009 at 04:19 PM

Quote:

Originally posted by shari
Bancomer in vizcaino has a 5,000 peso limit but you can get 2 transactions of this amount.

I wonder if that limit is new or maybe for Mexican accounts?? Last time down we took out 8,000.00 pesos in one transaction at the ATM and we have taken more at one time in the past.

Before we had our bank in the US up our limit, we could only take out 5000 in one transaction----hope it does not go back to that.

Diane