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Udo
Elite Nomad
Posts: 6364
Registered: 4-26-2008
Location: Black Hills, SD/Ensenada/San Felipe
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Mood: TEQUILA!
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This is another thread worth the Nomad membership!
[Edited on 4-23-2009 by udowinkler]
Udo
Youth is wasted on the young!
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bajalou
Ultra Nomad
Posts: 4459
Registered: 3-11-2004
Location: South of the broder
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I've been paying my Telnor bill on line for several years using Wells Fargo Debit card with a 1% conversion fee.
No Bad Days
\"Never argue with an idiot. People watching may not be able to tell the difference\"
\"The trouble with doing nothing is - how do I know when I\'m done?\"
Nomad Baja Interactive map
And in the San Felipe area - check out Valle Chico area |
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oladulce
Super Nomad
Posts: 1625
Registered: 5-30-2005
Location: bcs
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Any suggestions for easy (online?) transfers of larger sums of money from a US institution to a Mexican bank account when you are IN Mexico?
During construction we'll need to access and transfer funds of $10,000-$25,000 dollars at a time from our US account to the Banamex account of our
contractor. We used bank wire transfers to do this when we lived in Calif and I don't know how we'll accomplish this when we move to BCS. Most banks
seem to have a $2,000- $5000 dollar limit on inter-bank online transfers.
The only possible option we've come across is a credit union which will allow larger sums to be transferred from your account if you fax them a signed
request. Since there is rarely cell reception in our town and we hadn't expected to need a fax machine it may be tricky but would be worth a 2 hour
drive to the big town to send a fax if that's the only way to do this.
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ncampion
Super Nomad
Posts: 1238
Registered: 4-15-2006
Location: Loreto
Member Is Offline
Mood: Retired and Loving it
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| Quote: | Originally posted by oladulce
Any suggestions for easy (online?) transfers of larger sums of money from a US institution to a Mexican bank account when you are IN Mexico?
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In Loreto I just write a check from my US account and deposit it in my Bancomer account. Just did it for $10,000 but don't think there is any
reasonable limit Only catch is that they put a 7 day hold on the check before you can access the money. US banks often put a short hold on large
deposits as well. Just need to plan ahead a little.
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Mexitron
Ultra Nomad
Posts: 3397
Registered: 9-21-2003
Location: Fort Worth, Texas
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Mood: Happy!
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| Quote: | Originally posted by Pescador
| Quote: | Originally posted by Mexitron
Anyone know if Chase Bank has a connection with Mexico like Wells Fargo and Citibank? |
Not so that you can move back and forth without fees. Because I have a preferred account at Chase I raised hell with their fee for withdrawl at a
Mexican ATM and was able to get the fees reversed but it was a long involved process.
Because they manage my investments, I indicated that I would be forced to use Wells Fargo (which I really dislike as a bank) since they only charged a
$5 fee and they figured that it was worth it to rebate the fees. |
Thanks Pescador--good to know--we have the same situation with Chase...probably be easier to open an account with the other easier banks for the ATM
stuff.
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The Gull
Super Nomad
Posts: 2223
Registered: 8-28-2003
Location: Rancho Descanso, BCN
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Mood: High
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Is the winner Citibank-Banamex?
Is the winner Cal Commerce-Banamex?
�I won\'t insult your intelligence by suggesting that you really believe what you just said.� William F. Buckley, Jr.
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comitan
Ultra Nomad
Posts: 4177
Registered: 3-27-2004
Location: La Paz
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Mood: mellow
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Gull
No More Calif. Commerce-Banamex.
Yes the ultimate combination for me is Citi-Banamex USA
Strive For The Ideal, But Deal With What\'s Real.
Every day is a new day, better than the day before.(from some song)
Lord, Keep your arm around my shoulder and your hand over my mouth.
“The sincere pursuit of truth requires you to entertain the possibility that everything you believe to be true may in fact be false”
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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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I second the Banamex USA (Citi) - Banamex. You can transfer up to $10,000 per day instantly to the Banamex account, on line or by toll free #. No
fee cash at Banamex (MX) and 1% fee at Bancomer. CFE and Telmex bills paid automatically from Banamex (MX). And now Asuncion CFE too!
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MitchMan
Super Nomad
Posts: 1856
Registered: 3-9-2009
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Question:
If I use my BofA Visa debit card at a Bancomer ATM in La Paz, will the only PIN I need to input at that La Paz Bancomer ATM be the very same PIN that
I use here in the states at a BofA ATM? Same question for using the above-mentioned BofA debit card at Santander ATM in La Paz? At a Banamex ATM in
La Paz? Or, do I have to obtain a different PIN for use in La Paz? If so, where do I get said PIN?
Also, are there any "Specs" for the PIN? That is, is there a minimum number of characters for the PIN that may be different than the minimum
characters required in the USA?
Thanks
[Edited on 4-28-2009 by MitchMan]
[Edited on 4-28-2009 by MitchMan]
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
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Your PIN is recognized at any ATM that is supported by the various systems such as Cirrus, Star, Plus, World. The various logos are usually
prominently displayed on the ATM. I've taken cash out of free-standing ATMs in Europe and the Middle East. No problem. Same PIN anywhere.
[Edited on 4-28-2009 by Bajahowodd]
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Riom
Nomad
Posts: 492
Registered: 12-17-2004
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| Quote: | Originally posted by MitchMan
If I use my BofA Visa debit card at a Bancomer ATM in La Paz, will the only PIN I need to input at that La Paz Bancomer ATM be the very same PIN that
I use here in the states at a BofA ATM? |
Yes, providing your PIN is four digits (and all numeric). Most ATMs will use English (at least partly) if you insert a foreign card, but if not, a
PIN is a NIP in Spanish.
Remember also amounts like "$2000" shown on the ATM are in Pesos, so don't think they are dollars and draw out 1/13th of what you need. :-)
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MitchMan
Super Nomad
Posts: 1856
Registered: 3-9-2009
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Thank you all for the responses on the PIN. Very, very helpful.
You know how it is, the devil is always in the details. I don't know about you, but, administratively, in Mexico, I have gotten killed on the "little
known details".
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