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elfbrewery
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Posts: 348
Registered: 12-25-2006
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Bancomer/BBVA in Mulege charging very high ATM fee
Does anyone know why? It's like $8USD to draw out ~350USD. Is it to get money from tourists after such a poor time during Covid?
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BornFisher
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Location: K-38 Santa Martha/Encinitas
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That`s not bad. 3 percent is typical.
I took out 6,000 pesos (297 USD) last week in Rosarito Beach and the fee was $8.92.
"When you catch a fish, you open the door of happiness."
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Howard
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Location: Loreto/Manhattan Beach/Kona
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Mood: I'd rather regret the things I've done than regret the things I haven't done.
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If possible always use another ATM other than Bancomer as they seem to have the highest fees. In Loreto they have those higher fees but ATMs from
other institutions are much less.
We don't stop playing because we grow old;
we grow old because we stop playing
George Bernard Shaw
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pacificobob
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it's hard to find higher ATM fees than BBVA
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Bajabus
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Mood: My friends..it's good.
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Agreed for our area at least, in TS BBVA is 99 pesos, Bancomer is 49 pesos.
"Preventive war was an invention of Hitler. Frankly I would not even listen to anyone seriously that came and talked of such a thing."
Dwight David Eisenhower
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ligui
Senior Nomad
Posts: 884
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Location: Fraser co.
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Mood: love Baja !
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When I'm down in loreto i just western union myself money .
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PaulW
Ultra Nomad
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174 peso charge for todays transaction in Bancomer San Felipe. That has been the charge for some time.
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elfbrewery
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I guess it took longer to catch up to us in Mulege. It was it was still 99.01 in February.
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HeyMulegeScott
Senior Nomad
Posts: 716
Registered: 8-25-2009
Location: Orygone/Mulege
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Send yourself cash for pickup at BBVA via Xoom. $600 is no fee and lesser amounts are $3.99 https://www.xoom.com/mexico/send-money
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JC43
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Use telecomm telegrafos. Low fees! Bancomer is a rip-off all over Mexico. They are charging 65.99% interest for CC overdrawing after the first
month. If you buy something at the 29th of any month, the month ends at the 30 day. From there it is the second month for your purchase at the 29th !
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Bajabus
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I don't know how exchange rates compare, sorry. It's two sepárate banks here in TS
"Preventive war was an invention of Hitler. Frankly I would not even listen to anyone seriously that came and talked of such a thing."
Dwight David Eisenhower
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JC43
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BBVA is Bancomer !!!
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Bajabus
Senior Nomad
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just found this:
BBVA México is a Mexican financial institution, and the largest in the country, dominating about 20% of the market. Founded in 1932 as Banco de
Comercio (Bancomer), and rebranded from 2000 to 2019 as BBVA Bancomer, its main stockholder is the Spanish bank BBVA.
"Preventive war was an invention of Hitler. Frankly I would not even listen to anyone seriously that came and talked of such a thing."
Dwight David Eisenhower
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Bajabus
Senior Nomad
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Location: Elias Calles B.C.S. or NC USA
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Sure, next time I am in town I will. You can also see it on Google Maps.
"Preventive war was an invention of Hitler. Frankly I would not even listen to anyone seriously that came and talked of such a thing."
Dwight David Eisenhower
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pacificobob
Super Nomad
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Registered: 4-23-2006
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ive banked there 15yrs. BBVA, bancomer....Same bank.
i don't understand why bajabus is confused
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BigBearRider
Super Nomad
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Mood: 
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Thinking of Banamex maybe?
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Bajabus
Senior Nomad
Posts: 892
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OH poop you guys are right. I have been going to Banorte thinking it was Bancomer...Mea culpa.
I humbly bow to those that pointed out my misinformation. I am guilty of Fake News.
I am ready for my lashing and will accept it with grace.
Lencho, Pacificobob and Bear please stop by to claim your free 1.2 liter Ballena when in the area.
"Preventive war was an invention of Hitler. Frankly I would not even listen to anyone seriously that came and talked of such a thing."
Dwight David Eisenhower
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Bajabus
Senior Nomad
Posts: 892
Registered: 8-30-2002
Location: Elias Calles B.C.S. or NC USA
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Mood: My friends..it's good.
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Same here Sir.
"Preventive war was an invention of Hitler. Frankly I would not even listen to anyone seriously that came and talked of such a thing."
Dwight David Eisenhower
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HeyMulegeScott
Senior Nomad
Posts: 716
Registered: 8-25-2009
Location: Orygone/Mulege
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Quote: Originally posted by lencho  |
That's pretty interesting; that portal accepts transfer amounts to somewhere close to US$10,000.
Looking at the 19.74 exchange rate, it looks like they're taking a couple of percent..? |
I checked today and it was 19.5291 MXN vs current rate of 19.919032 shown here - https://www.x-rates.com/calculator/?from=USD&to=MXN&...
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elfbrewery
Nomad
Posts: 348
Registered: 12-25-2006
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I look at
https://www.eldolar.info/en/mexico/dia/hoy
BUT, don't take the rates as reality. The Bancomer in Mulege offered $18.18 MXN/USD today in the bank, even though the eldolar site says the buy/sell
rate at BBVA Bancomer is 19.28 / 20.19 . One never really knows.
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