Travelinleah
Junior Nomad
Posts: 35
Registered: 10-6-2013
Location: North Idaho
Member Is Offline
Mood: Waiting.....
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Wells Fargo or US Bank?
I live in a small town and only have these 2 banks for tenants to deposit rent into for me to draw on in Mexico, say Loreto or La Paz, what bank fees
will I incur and is it even possible to use either of these debit cards there in MX? Thanks!
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BajaBlanca
Select Nomad
Posts: 13212
Registered: 10-28-2008
Location: La Bocana, BCS
Member Is Offline
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I use wells fargo and it works fine here, probably US will too. Don't remember the charges, sorry.
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tjsue
Senior Nomad
Posts: 520
Registered: 4-12-2013
Location: San Diego
Member Is Offline
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Wells Fargo is horrible. I have an account with US Bank and have no problems with them at all.
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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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I've been enduring "horrible" for 22-years.Wells Fargo is a strict bank. They do not like overdrafts.
Their non Wells Fargo transaction fee is $5.00 per.
Their online service customer assistance has my highest possible rating. The folks who answer my secure messages act FAST and with authority.
Someone found an old check of mine, how I do not know. They tried to clean out the account. Wells sent me an emergency email. I told them it was
fraudulent. They told the customer to "come back tomorrow". They did - into the waiting arms of the Police.
A Lot To See And A Lot To Do
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JZ
Select Nomad
Posts: 12220
Registered: 10-3-2003
Member Is Offline
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Wells Fargo is a great bank OP.
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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If you can, try with a local or community credit union........when you are nob you can actually talk to a real person, and they have better customer
service.
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durrelllrobert
Elite Nomad
Posts: 7393
Registered: 11-22-2007
Location: Punta Banda BC
Member Is Offline
Mood: thriving in Baja
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Wells Fargo is fine for me. Even with their $5 per ATM withdrawal fee and the local commission of 29 pesos I just got 12.19 pesos per $US using an
HSBC machine in Ensenada.
[Edited on 5-3-2014 by durrelllrobert]
Bob Durrell
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sdraul
Newbie
Posts: 13
Registered: 3-7-2012
Member Is Offline
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I have been facing the same problem...what to do??...$5 plus 29 pesos seem like a small charge to me. The alternative for me is to cross the boarder
get cash from Wells Fargo and come back down...don't like keeping a lot of cash on hand.
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woody with a view
PITA Nomad
Posts: 15939
Registered: 11-8-2004
Location: Looking at the Coronado Islands
Member Is Offline
Mood: Everchangin'
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we left WF for Mission Fed Credit Union. couldn't be happier. we have a USBank Visa that is very competitive interest rate wise.
my $.02
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rts551
Elite Nomad
Posts: 6700
Registered: 9-5-2003
Member Is Offline
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Before I eliminated some accounts (WF being one) Wells Fargo would waive the fee for us (minimum balance). Wouldn't hurt to ask.
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elgatoloco
Ultra Nomad
Posts: 4342
Registered: 11-19-2002
Location: Yes
Member Is Offline
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We have US Bank. I see that on March 24th I used ATM at Los Pinos Pemex. $6000 pesos. $459.81. $2.50 ATM fee & $13.78 International transaction
fee. 
MAGA
Making Attorneys Get Attorneys
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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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Two tires. Emergency. Michoacan.
Four hundred dollars for off brand tires. 16% IVA. Then seventy-seven dollars currency conversion fee.
A Lot To See And A Lot To Do
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willardguy
Elite Nomad
Posts: 6451
Registered: 9-19-2009
Member Is Offline
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| Quote: | Originally posted by elgatoloco
We have US Bank. I see that on March 24th I used ATM at Los Pinos Pemex. $6000 pesos. $459.81. $2.50 ATM fee & $13.78 International transaction
fee. |
time to go see chuck!
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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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This horse has been beat to death numerous times here. We also live in a small town and have given our tenants self addressed deposit slips to our
Charles Schwab account. We use our debit card for pesos at whatever ATM we happen to stumble across. For this service Charles charges us nothing,
nada, zip. I know people will come up with endless horror stories about how they could not access cash at some hoarhouse in TJ but for us, for 10+
years, it has worked perfectly.
Every beautiful beach in the world needs a few condo towers - NOT.
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msteve1014
Senior Nomad
Posts: 947
Registered: 12-2-2006
Member Is Offline
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| Quote: | Originally posted by elgatoloco
We have US Bank. I see that on March 24th I used ATM at Los Pinos Pemex. $6000 pesos. $459.81. $2.50 ATM fee & $13.78 International transaction
fee. |
Looks like the 3% international fee. Wells still just charges $5.00 , flat rate.
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elizabeth
Senior Nomad
Posts: 742
Registered: 7-30-2004
Location: Loreto, BCS
Member Is Offline
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Even though WF charges a $5 fee, if you have accounts with them, and you email each time asking them to reverse the fee they will...at least they
have for me. I don't use the WF card often because I have a local bank account, but when I do, they reverse the charge.
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