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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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How much money are you talking about and what bank won't accept US dollars?
[Edited on 1-13-2010 by DENNIS]
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toneart
Ultra Nomad
Posts: 4901
Registered: 7-23-2006
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Mood: Skeptical
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Yes. I am confirming that you can open a Mexican bank account with an FM3. In fact, an FM3 or FM 2 is required. I brought a $10K cashier's check from
B of A and at first they wouldn't accept it to open the account. I had them (Bancomer) call the jefe in La Paz to get special permission to deposit it
in Santa Rosalia. Even then, they put a hold on it until it cleared.
We don't know who you are working with in Baja. Many people who do business with gringos have a U.S. Bank account just for that purpose. Ask your guy
if he has one. That way, it is transferred or deposited from a U.S. Bank to a U.S. Bank.
I gave up my Bancomer account because it was too much hassle. Really antiquated way to do business. No customer service. Long lines. Have to wait
sometimes for more than an hour to get prior approval for a transaction from a desk jockey before you can go to the teller window. ATM charges on both
ends. I even had a teller confiscate a $100.00 bill I needed to cash, saying it is counterfeit. Funny thing is, I got it from that branch. 
I don't love Bank of America either, but they have a Safesend program where you can send money to yourself in Baja...no charge! Also, Santender Bank
has an ATM in Mulege. They are an affiliate of B of A and there are no ATM charges on either side.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by toneart
No customer service. Long lines. Have to wait sometimes for more than an hour to get prior approval for a transaction from a desk jockey before you
can go to the teller window. ATM charges on both ends. I even had a teller confiscate a $100.00 bill I needed to cash, saying it is counterfeit. Funny
thing is, I got it from that branch.
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WOW...Bye Bye. Tell the world how screwed they are, Tony, and just hope it hurts them. 
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toneart
Ultra Nomad
Posts: 4901
Registered: 7-23-2006
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Mood: Skeptical
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by toneart
No customer service. Long lines. Have to wait sometimes for more than an hour to get prior approval for a transaction from a desk jockey before you
can go to the teller window. ATM charges on both ends. I even had a teller confiscate a $100.00 bill I needed to cash, saying it is counterfeit. Funny
thing is, I got it from that branch.
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WOW...Bye Bye. Tell the world how screwed they are, Tony, and just hope it hurts them. |
Dennis- I think you are being supportive, but hard to tell. Could be interpreted either way. 
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monoloco
Elite Nomad
Posts: 6667
Registered: 7-13-2009
Location: Pescadero BCS
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I had a bank teller hand me back a $20 one time that I was trying to exchange for pesos saying it was a counterfeit, I asked her what I was supposed
to do with it and she told me to take it to a Pemex because they wouldn't know the difference.
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BajaCactus
Senior Nomad
Posts: 663
Registered: 5-22-2004
Location: Km. 55, carretera transpenisular, El Rosario, B.C.
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Mood: Helpful
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Monex
Bowser,
There is a company called Monex... it is a well established bank that specializes in international money transfer (among other things)... we deal wit
them every time... they are very reliable.
They can deliver the money 100% legally in Mexico, usually in a form of a check to whoever you choose.
If you want their information just e-mail me (info*at*bajacactus.com).
BajaCactus
"Where the Baja is so much more than a dream..."
BajaCactus
"Where Baja is so much more than a dream..."
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wessongroup
Platinum Nomad
Posts: 21152
Registered: 8-9-2009
Location: Mission Viejo
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Mood: Suicide Hot line ... please hold
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| Quote: | Originally posted by longlegsinlapaz
Goat....yes it is possible & commonly done....in La Paz at least. But the bank requires 24-hour notice so they can get the correct amount of USD
funds to their bank. |
Your just super on this... thanks for sharing your "knowledge" on this subject.. most charge
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bowser
Junior Nomad
Posts: 87
Registered: 5-13-2005
Location: BOLA & Chester, California
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Thanks everyone for your input. Great info as always!
Now I just need to talk to the seller and work out a better plan.
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Bajahowodd
Elite Nomad
Posts: 9274
Registered: 12-15-2008
Location: Disneyland Adjacent and anywhere in Baja
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Like, lowering the price?
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