Phil C
Senior Nomad
Posts: 564
Registered: 3-27-2004
Location: N. San Diego County/ Loreto Centro/Lopez Mateos
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Fideicomiso
I just received a "registered" leter from Scotiabank, the holders of our fideicomiso, that is requiring me to provide "Official I.D. with photograph
and signiture, not expired, Proof of domicile, and registration before the Ministry of Finance ( Hacienda) if my activities in Mexico require. Our
Trust is four years old and this is the first cmmunication I have had from them, other than paying the yearly fee in which case we only got a reciept.
This is due to "General Regulations, deriving from article 115 of the Credit Institutions Law, which were published in the Federal Gazette, on May 12
2004." All this came in english. Anyone hear of this?
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pacside
Nomad
Posts: 316
Registered: 1-16-2006
Location: N. Cal
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just received my fide renewal notice/invoice (yup i get one every year at $330/yr) and a letter was attached saying "According to the Mexican laws
(published in November 28, 2006) is necessary to have in my records the follow information [sic]: copy of passport, copy of legal permanency in the
mexico [sic] (FM or FM3), copy of evidence of address in their own country (valid documents: any of the following bills: electricity, water, or
property taxes), know your customer format (this is a letter attached asking for address, employment info etc.
pacside
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gordfromborder
Newbie
Posts: 21
Registered: 12-10-2006
Location: Alberta, summer-La Paz,Winter
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Interesting subject as we just paid our fide today in La Paz.( HSBC). As it was four months late, they dinged us a $35 penalty! As our spanish is not
good, my negotiating ( whining) didn't do much good. In addition, the fide manager requested we provide personal banking/ employment and resident
information of our pricipal residence out of Mexico (including electrical or water bills with our name on them). The form is in Spanish and English.
She said it is required for their records ( maybe they will mail us the bill in the future?) and we can fax it to the bank at our convenience when we
get back home.
Progress?
Gord
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Dave
Elite Nomad
Posts: 6005
Registered: 11-5-2002
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Big Brother's holding company
| Quote: | Originally posted by gordfromborder
the fide manager requested we provide personal banking/ employment and resident information of our pricipal residence out of Mexico (including
electrical or water bills with our name on them). The form is in Spanish and English. She said it is required for their records
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Have you told the IRS about your Mexican home?
They'll know shortly. 
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Loretana
Senior Nomad
Posts: 825
Registered: 5-19-2006
Location: Oregon/Loreto
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Mood: alegre
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Fideicomiso letter
Phil
I got that same letter yesterday with my
"Carta Cobranza" Statement from Banco Interacciones, for the fideicomiso fees.
Since this is the first fideicomiso statement I've gotten, I wasn't shocked.
As I understand it, the US State Department wants the Mexican government to work with them on "hidden assets".
The Mexican banks have no option but to cooperate.
I'm not dying to have my personal info sitting in an unsecured file somewhere in Mexico, either. 
And this is just the start. Homeland Security, you know.
"If you want to find the secrets of the universe, think in terms of energy, frequency and vibration."
-Nikola Tesla
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Dave
Elite Nomad
Posts: 6005
Registered: 11-5-2002
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Oops, sorry!
Nevermind.
Didn't realize you were from Canada.
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gordfromborder
Newbie
Posts: 21
Registered: 12-10-2006
Location: Alberta, summer-La Paz,Winter
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Actually, I have discussed it with my accountant ( in Canada) prior to purchasing down here. We are allowed up to $100,000 in foreign assets without
having to declare them. It is a line item on our income tax form that indicates to list all foriegn assets above this amount. I stand to be corrected
on this item, but I have the acct. assurance as of 2004.
Gord
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Peloncito
Junior Nomad
Posts: 66
Registered: 1-9-2007
Location: Los Gatos, CA - Los Barriles, BCS
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FM3
I have a gal in Los Barriles handle mine for $100. Her cousin works for "Migracion" in La Paz. No problems ever. I drop it off to her office, she
takes it to La Paz over the weekend, and brings it back to LB with its renewal for me to pick up ready for another year. Been doing this for a few
years now.
Mike
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capitolkat
Senior Nomad
Posts: 510
Registered: 3-9-2006
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Peloncito-- please send me a U2U and I would like the contact information-- thanks-- Norm
[Edited on 3-16-2007 by capitolkat]
Life is too short to drink bad wine
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osoflojo
Nomad
Posts: 378
Registered: 10-29-2004
Location: c.s.l./b.c.s.
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Loretana
This is not new and it has nothing to do with Dept of State. It is part of an international accord signed in the early 90's involving over 200
countries and the U S Treasury Dept.
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Marie-Rose
Senior Nomad
Posts: 894
Registered: 10-2-2003
Location: Victoria, B.C. and Todos Santos
Member Is Offline
Mood: Worried...
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Just paid ours yesterday in LaPaz at Bancomer. Did not have any paperwork with us...
looked us up, gave us our account number, and we paid and were out of there in less than half an hour!
Remember, when in Mexico, yes may be no and no may be
maybe!
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Phil S
Super Nomad
Posts: 1205
Registered: 10-28-2003
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Mood: After 34 years. Still in love w/ my wife
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Marie-Rose. Which branch in LaPaz is the Fideo office located? You've got the idea. Pay it there and you know it's been received (99.9999%)
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jerry
Super Nomad
Posts: 1354
Registered: 10-10-2003
Location: loreto
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phill bancomer has moved there fedio department again to cabo i should be getting the address soon
jerry and judi
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twogringos
Nomad
Posts: 184
Registered: 1-7-2007
Location: Bahia Asuncion/Color-Country
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Mood: I feel more like I do now than I ever have before
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You can pay at any Bancomer branch, but in La Paz, best to go to the Branch on 16 de Sept. The Bancomer Fideicomiso office is at the Hotel Palmilla,
nearer the San Jose end of the the 4 lane. Look for the tienda mall then ask someone. It is downstairs and not signed.
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Marie-Rose
Senior Nomad
Posts: 894
Registered: 10-2-2003
Location: Victoria, B.C. and Todos Santos
Member Is Offline
Mood: Worried...
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I am so awful with street names... especially when only half of them are named!!!
We went to the branch that is kitty corner from CCC.
Remember, when in Mexico, yes may be no and no may be
maybe!
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