BajaNomad
Not logged in [Login - Register]

Go To Bottom
Printable Version  
Author: Subject: HSBC not accepting dollars in San Jose
bajajudy
Elite Nomad
******


Avatar


Posts: 6886
Registered: 10-4-2004
Location: San Jose del Cabo,BCS
Member Is Offline


[*] posted on 12-31-2008 at 03:07 PM
HSBC not accepting dollars in San Jose


Dont know if it is a country wide policy but HSBC will not accept dollars in cash for deposit nor change.

Since this is an international bank, it makes me wonder why? Do they know something that the rest of us dont?!?!?!?!?:dudette:




View user's profile
Hook
Elite Nomad
******




Posts: 9011
Registered: 3-13-2004
Location: Sonora
Member Is Offline

Mood: Inquisitive

[*] posted on 12-31-2008 at 03:49 PM
I know..................


..........well, you know.





I just keep hearing more and more bad reasons to deal with HSBC, especially trusts over here.




View user's profile
doradodan
Nomad
**




Posts: 162
Registered: 11-23-2006
Location: San Felipe
Member Is Offline

Mood: boracho

[*] posted on 12-31-2008 at 05:14 PM


hsbc in rosarito wont accept atm cards from us banks, san felipe yes.



\"The time spent off the water, I\'m thinking of ways to get back in\"
View user's profile
bajalou
Ultra Nomad
*****


Avatar


Posts: 4459
Registered: 3-11-2004
Location: South of the broder
Member Is Offline


[*] posted on 12-31-2008 at 06:04 PM


hsbc in San Felipe?



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
View user's profile
longlegsinlapaz
Super Nomad
****




Posts: 1685
Registered: 11-18-2005
Location: La Paz
Member Is Offline


[*] posted on 12-31-2008 at 06:06 PM


Very interesting since annual fideicomiso fees are quoted & receipted in USD. HSBC in La Paz has been "testy" when I've paid in pesos.:rolleyes:
View user's profile
oxxo
Banned





Posts: 2347
Registered: 5-17-2006
Location: Wherever I am, I'm there
Member Is Offline

Mood: If I was feeling any better, I'd be twins!

[*] posted on 12-31-2008 at 06:27 PM


I paid 2 different fideicomisos at HSBC in San Lucas not more than three months ago. They were more than happy to accept pesos and even quoted a 10 to 1 rate. So by paying pesos I saved about 20% over paying in dollars. I paid late and they even waved the penalties. Quien sabe :?:
View user's profile
bajabound2005
Ultra Nomad
*****




Posts: 2762
Registered: 10-15-2005
Location: Punta Banda, BCN
Member Is Offline

Mood: words cannot describe...

[*] posted on 1-1-2009 at 12:18 AM


article in yesterday's El Vigia (Ensenada) that prices in Mexico quoted in dollars are illegal -- including leases, etc. Story was about several families having to move from their homes because their leases were quoted in dollars and with current exchange rate, they could no longer afford the rent. Also cited several cases of stores having to close and move for the same reason. A seperate story was about how restaurant prices have increased dramatically for the same reason, but on food/supply costs rather than rent. The article said some wholesale stores won't even put prices out any more, you have to ask (this is interesting because we noticed one of the restaurant supply stores in town (PROSAN) has some items marked in dollars and others in pesos....)

So, although pricing in dollars is illegal because the peso is the country's currency, all of this needs to go the supreme court....so that issue should be resolved....well, maybe in my lifetime!




Friends don't let friends drink white zinfandel.
View user's profile This user has MSN Messenger
Bob and Susan
Elite Nomad
******


Avatar


Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
Member Is Offline

Mood: Full Time Residents

[*] posted on 1-1-2009 at 07:41 AM


at the border yesterday the bank took dollars for import fees...

13.55 to one




our website is:
http://www.mulege.org
View user's profile Visit user's homepage
BajaRob
Senior Nomad
***




Posts: 722
Registered: 9-15-2003
Location: Bahia Santa Maria y Newport Or
Member Is Offline

Mood: Life is good

[*] posted on 1-2-2009 at 06:56 AM
Lou


The ATM @ AM/PM is HSBC.
View user's profile
bajalou
Ultra Nomad
*****


Avatar


Posts: 4459
Registered: 3-11-2004
Location: South of the broder
Member Is Offline


[*] posted on 1-2-2009 at 08:21 AM


Thanks Rob.



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
View user's profile
capn.sharky
Senior Nomad
***




Posts: 686
Registered: 9-4-2003
Member Is Offline


[*] posted on 1-5-2009 at 12:15 AM


So whats the problem. How many banks in the U.S. will accept pesos. I am happy to be able to use my ATM card in all the banks in Loreto.



If there is no fishing in heaven, I am not going
View user's profile
capitolkat
Senior Nomad
***




Posts: 510
Registered: 3-9-2006
Member Is Offline


[*] posted on 1-5-2009 at 06:26 AM


We tried to pay our Fideo fees at Scotia Bank in La Paz in November. As in 2007 we took dollars as the fee is quoted in dollars but the bank would not take dollars- explaining there was a charge for conversion of the dollars to pesos and back to dollars at the central branch in Mexico city. We could however go to our bank- Banamex, buy a cashier's check for the conversion rate pesos from dollars and then pay the fee. We chose to come home and send a personal check to the Tiajuana branch that handles the Fideo and who will deposit the check in Chula Vista and no additional costs. Norm



Life is too short to drink bad wine
View user's profile
bajajudy
Elite Nomad
******


Avatar


Posts: 6886
Registered: 10-4-2004
Location: San Jose del Cabo,BCS
Member Is Offline


[*] posted on 1-5-2009 at 07:45 AM


Quote:
Originally posted by capn.sharky
So whats the problem. How many banks in the U.S. will accept pesos. I am happy to be able to use my ATM card in all the banks in Loreto.



Capt
The problem is that we have a dollar account, many of our book customers pay us in dollars, all of our publishers want to be paid in dollars and we are shut our of these transactions.

We have since heard the HSBC is in trouble world wide.

So anyone in San Jose have good relationships with other banks?




View user's profile
BajaGringo
Ultra Nomad
*****


Avatar


Posts: 3922
Registered: 8-24-2006
Location: La Chorera
Member Is Offline

Mood: Let's have a BBQ!

[*] posted on 1-5-2009 at 09:32 AM


Mexico is attempting to reduce the demand for dollars and ultimately effect the exchange rate. As I understand it now, even if you have dollar accounts, any withdrawls made wil be given to you in pesos at the current exchange rate. At least that was how Bancomer explained it to me last Friday...



View user's profile Visit user's homepage
Dave
Elite Nomad
******




Posts: 6005
Registered: 11-5-2002
Member Is Offline


[*] posted on 1-5-2009 at 12:21 PM
Used to be


Quote:
Originally posted by bajabound2005
article in yesterday's El Vigia (Ensenada) that prices in Mexico quoted in dollars are illegal -- including leases, etc.


Not anymore. However, it is illegal to refuse payment in pesos.



Quote:

The article said some wholesale stores won't even put prices out any more, you have to ask


This is illegal. Prices must be posted. Rarely enforced.




View user's profile

  Go To Top

 






All Content Copyright 1997- Q87 International; All Rights Reserved.
Powered by XMB; XMB Forum Software © 2001-2014 The XMB Group






"If it were lush and rich, one could understand the pull, but it is fierce and hostile and sullen. The stone mountains pile up to the sky and there is little fresh water. But we know we must go back if we live, and we don't know why." - Steinbeck, Log from the Sea of Cortez

 

"People don't care how much you know, until they know how much you care." - Theodore Roosevelt

 

"You can easily judge the character of others by how they treat those who they think can do nothing for them or to them." - Malcolm Forbes

 

"Let others lead small lives, but not you. Let others argue over small things, but not you. Let others cry over small hurts, but not you. Let others leave their future in someone else's hands, but not you." - Jim Rohn

 

"The best way to get the right answer on the internet is not to ask a question; it's to post the wrong answer." - Cunningham's Law







Thank you to Baja Bound Mexico Insurance Services for your long-term support of the BajaNomad.com Forums site.







Emergency Baja Contacts Include:

Desert Hawks; El Rosario-based ambulance transport; Emergency #: (616) 103-0262