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Bajajorge
Ultra Nomad
Posts: 2604
Registered: 10-13-2005
Location: Topaz Lake, NV/San Felipe
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I find that buying Pesos from the Banomex ATM in San Felipe is much cheaper than using the Bancomer ATM there. The difference in fees is over $5.00
per transaction. Yesterday I got 4000 Pesos at Banomex at a rate of 12.3, the fee to Banomex was only about $4.50, plus the $2.00 to my credit union.
The fee to Bancomer for that transaction would have been around $12.00.
Why do Liberals insist and demand that achievers pay the way for nonachievers who are to lazy to succeed, or are just failures by their own choice?
Criminals prefer unarmed victims, dictators prefer unarmed subjects.
Why do ignorant people continue their blabbering when it only proves to others how stupid they are.
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mrfatboy
Nomad
Posts: 478
Registered: 4-17-2008
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I just got off the phone from the Encinitas branch of Wells Fargo. They quoted me the same rate at the Solana Beach branch of 11.5. She said the
internet rate is the same as the walk in rate. I had her double check.
Wells Fargo = No Bueno!
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by mrfatboy
Wells Fargo = No Bueno! |
Not very good from a customer service point of view. Did you tell them they could be replaced? 
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mrfatboy
Nomad
Posts: 478
Registered: 4-17-2008
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by mrfatboy
Wells Fargo = No Bueno! |
Not very good from a customer service point of view. Did you tell them they could be replaced? |
LOL. Banking staff these days are basically on the level of fast food servers. They don't care. They are all in their early 20's I surprised that
when I asked for the pesos she didn't say "Do you want fries with that?"  Sad
really.
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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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I just read recently that the Mexican Peso was getting stronger versus the u.s. dollar. I can remember no too many years ago, in Loreto, getting
13.5something. Unless your after a ton of peso's, I find the convenience of driving down with peso's in my possession a lot easier than the atm
parking lot experience, depending upon where you stop, or the cambio store parking lot. experienced travelers know the places. Newsbies could
probably use some suggestions when heading south where to stop.?
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mrfatboy
Nomad
Posts: 478
Registered: 4-17-2008
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I did some more calling around and got this "no bueno" rates 
Chula Vista Costco 12.005
Bank of American 11.4
Travelex (UTC) 10.9
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by mrfatboy
I did some more calling around and got this "no bueno" rates
Chula Vista Costco 12.005
Bank of American 11.4
Travelex (UTC) 10.9 |
It always drops hard before a long weekend. It'll probably gain some ground come Monday morning.
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
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Mood: must be 5 O'clock somewhere in Baja
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| Quote: | Originally posted by Phil S
I just read recently that the Mexican Peso was getting stronger versus the u.s. dollar. I can remember no too many years ago, in Loreto, getting
13.5something. Unless your after a ton of peso's, I find the convenience of driving down with peso's in my possession a lot easier than the atm
parking lot experience, depending upon where you stop, or the cambio store parking lot. experienced travelers know the places. Newsbies could
probably use some suggestions when heading south where to stop.? |
Depends on which route you take.
If you take the toll road south from Tijuana, the second Rosarito exit has a Comercial Mexicana supermarket (orange store with the Pelican logo).
Variety of bank ATM's in the store.
Corridor 2000 also has a Commercial Mexicana and there is one at the south end of Ensenada next to the COSTCO, which also has two ATM's...........also
plenty of bank ATM's available, and I think there is still a bank ATM at the Ensenada toll plaza.
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durrelllrobert
Elite Nomad
Posts: 7393
Registered: 11-22-2007
Location: Punta Banda BC
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Mood: thriving in Baja
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| Quote: | Originally posted by bajaguy
also plenty of bank ATM's available, and I think there is still a bank ATM at the Ensenada toll plaza. |
Yep and it's an HSBC which charges the least transaction fee.
Bob Durrell
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mulegemichael
Super Nomad
Posts: 2310
Registered: 12-24-2007
Location: sequim,wa. and mulege
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unless yer doing like a gazillion pesos, what, really, difference does it make????....maybe two pacificos worth???/...i mean, geez...lemme see; please
do the math; take 100,000 pesos, divide it by 10.78, then buy me dinner....ya know?...please.
dyslexia is never having to say you\'re yrros.
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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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I second your PESOS sentiment, DENNIS!
It's not worth the aggravation over a 1/3 of a PESO in the exchange rate.
| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by mrfatboy
Yes, that's the published rate but what is the typical rate at the cambios and such? I'm also talking about the buy rate not the sell rate.
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The competitive Cambios charge the bank rate less two percent. I've always found the bank rate to be near or equal to the published rate.
Actually, I don't even look anymore. When I need Pesos, I go to the ATM. Life's too short to be counting centavos. |
Udo
Youth is wasted on the young!
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DaliDali
Super Nomad
Posts: 1132
Registered: 4-21-2010
Location: BCS
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| Quote: | Originally posted by mulegemichael
unless yer doing like a gazillion pesos, what, really, difference does it make????....maybe two pacificos worth???/...i mean, geez...lemme see; please
do the math; take 100,000 pesos, divide it by 10.78, then buy me dinner....ya know?...please. |
Exactly.......hand the taxi driver $10 bucks and be on your way.
If you handed him 100p.....you would save what?....a buck fifty?
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woody with a view
PITA Nomad
Posts: 15940
Registered: 11-8-2004
Location: Looking at the Coronado Islands
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Mood: Everchangin'
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| Quote: | Originally posted by durrelllrobert
| Quote: | Originally posted by bajaguy
also plenty of bank ATM's available, and I think there is still a bank ATM at the Ensenada toll plaza. |
Yep and it's an HSBC which charges the least transaction fee. |
a required stop on all of our trips south!
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Terry28
Senior Nomad
Posts: 828
Registered: 8-25-2007
Location: S.Calif mtns.
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Mood: Thirsty
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Or you can do like we do, exchange $$ for peso's once, get a lot, and be on your way............
Mexico!! Where two can live as cheaply as one.....but it costs twice as much.....
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J.P.
Super Nomad
Posts: 1673
Registered: 7-8-2010
Location: Punta Banda
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Mood: Easy Does It
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| Quote: | Originally posted by durrelllrobert
| Quote: | Originally posted by bajaguy
also plenty of bank ATM's available, and I think there is still a bank ATM at the Ensenada toll plaza. |
Yep and it's an HSBC which charges the least transaction fee. |
That ATM used to have a 50dlr max.on it
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mrfatboy
Nomad
Posts: 478
Registered: 4-17-2008
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| Quote: | Originally posted by Terry28
Or you can do like we do, exchange $$ for peso's once, get a lot, and be on your way............ |
This is actually what I wanted to do after I posted this thread. I have Cancun, Puerta Vallarta, San Felipe trips coming up. I was wondering why
everybody was giving me grief about the peso price. Not a gazillion but enough to make a significant difference.
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