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DavidE
Ultra Nomad
   
Posts: 3814
Registered: 12-1-2003
Location: Baja California México
Member Is Offline
Mood: 'At home we demand facts and get them. In Mexico one subsists on rumor and never demands anything.' Charles Flandrau,
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"Banamex and HSBC both charge about 30 pesos"
I'll mail you my 53 peso Banamex extraction charge slip from Banamex Guerrero Negro if you promise to reimburse me for postage and envelope
A Lot To See And A Lot To Do
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dasubergeek
Senior Nomad
 
Posts: 694
Registered: 8-17-2013
Member Is Offline
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Quote: | Originally posted by Bob and Susan
thank you dasubergeek ...and here is why a ask...
someone is doing some building...no bank account yet
the difference between 12 to 1 and
13 to 1 is 20,000 pesos for 20k dollars
that's a lot of cement
i'm with most of you...i'm happy at 12.5
I cant believe the bank up north gave pesos out
over the counter at 12.5 after fees
amazing... |
There's a limited amount you can change at a cambio, though—I guarantee they don't have 260 kilopesos hanging out waiting for someone to come build a
house.
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Bob and Susan
Elite Nomad
    
Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
Member Is Offline
Mood: Full Time Residents
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Quote: | Originally posted by DavidE
...I'll mail you my 53 peso Banamex extraction charge slip from Banamex Guerrero Negro if you promise to reimburse me for postage and envelope |
being an engineer and all ...david...this is 2014
you scan the paper and post it here
no need to mail anything anymore
no more postage
those days are gone
but..i believe you $$$
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salchipulpo
Banned
Posts: 2
Registered: 2-21-2014
Member Is Offline
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It's almost always a half peso less than the daily exchange. Remember this and you will never have to ask again.
So today the exchange is 13.26... in the morning when you go to a banco or a casa de cambio... it will be 12.74. That's their profit margin.
Mas o menos. It's almost always half a peso.
Simple.
I have to ask... How does someone who has a website dedicated to Mulege not understand this already?
Furthermore, how does a two-paged thread of this site dedicated to Baja not know??? Do any of you have experience in Baja or Mexico? 
[Edited on 2-22-2014 by salchipulpo]
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DENNIS
Platinum Nomad
      
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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Quote: | Originally posted by salchipulpo
I have to ask... How does someone who has a website dedicated to Mulege not understand this already?
Furthermore, how does a two-paged thread of this site dedicated to Baja not know??? Do any of you have experience in Baja or Mexico? 
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I guess you just dropped in to make friends...eh?
Let me be the first to tell you.....you're doing a pee-poor job of that so far.
"YOU CAN'T LITTER ALUMINUM"
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Bob and Susan
Elite Nomad
    
Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
Member Is Offline
Mood: Full Time Residents
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Quote: | Originally posted by salchipulpo
It's almost always a half peso less than the daily exchange. Remember this and you will never have to ask again. |
it was a legit question...
when someone asks a question I like to give a "correct" answer
cambios post their rates outside like gas stations...
I just thought some could notice the signs...
I guess "salchipulpo" did something wrong...banned after 2 posts...wow
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BajaRun
Nomad

Posts: 222
Registered: 2-25-2012
Member Is Offline
Mood: Just Cruisin'
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Is it better to use the atm and pay a 3% exchange rate fee + a 5.00 transaction fee than it is to exchange dollars at a casa de cambio?
I bank with BofA and after reviewing my recent statement they credited me over 52.00 in fees, however they were unable to credit me the 3% and the
5.00 fees....
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Bob and Susan
Elite Nomad
    
Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
Member Is Offline
Mood: Full Time Residents
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its about the same...
except there are very few places that take credit cards in the small towns and cash is king
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weebray
Super Nomad
  
Posts: 1094
Registered: 7-19-2010
Location: La Paz
Member Is Offline
Mood: lleno
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Geez, I can't believe people are still with B of A, Wells, etc. We have not exchanged greenbacks for pesos for less than 13.28 in over a year.
Charles Schwab picks up ANY fees incurred. Seems to us to be an no-brainer. They also have all the services of any normal brick and mortar
institution. This IS the 21st. century. What are we missing here??
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DavidE
Ultra Nomad
   
Posts: 3814
Registered: 12-1-2003
Location: Baja California México
Member Is Offline
Mood: 'At home we demand facts and get them. In Mexico one subsists on rumor and never demands anything.' Charles Flandrau,
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Can a person DO a Charles Schwab account online? Seems a little rude to spend 500 dollars or so, to go north and hunt one down. Are their online
services the equal of Wells?
A Lot To See And A Lot To Do
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