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Woooosh
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Peso at 13.10... (Sept.22-- now at 14... 15 on Friday (9/23)?
Time to think about converting some dollars...
[Edited on 9-22-2011 by Woooosh]
[Edited on 9-23-2011 by Woooosh]
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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krafty
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just came from downtown and went to Gueritas for dinner-stopped at the bank on the way home! restaurant was great too!
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DENNIS
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7:13 AM
13.193 at the moment. It's just the nature of the beast. I wouldn't be cashing in the farm quite yet...if ever.
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DaleG
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How much can you pull out of Sandanter with a BofA card?
Can you get more if you go in the branch office?
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greengoes
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That's about a 15% increase in purchasing power in the past two months, 11.2 to 12.9 cambio. When it hits 13.5, and it very well could the shape
Europe is in, cash in for 4 months needs.
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DENNIS
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| Quote: | Originally posted by greengoes
That's about a 15% increase in purchasing power in the past two months, 11.2 to 12.9 cambio. |
Primarily for domestic products only. As the Dollar rises against the Peso, imported goods will cost more Pesos at all points.
I wouldn't be going out to buy Pesos as an investment unless you plan to take advantage of a saving immediatly. The last thing in the world I would
want is a mattress full of Pesos.
Euros arn't looking too good either since China is on the verge of buying Greece.
Keep your Dollars.
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Woooosh
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| Quote: | Originally posted by DaleG
How much can you pull out of Sandanter with a BofA card?
Can you get more if you go in the branch office? |
6000 pesos at a time at the ATM with no fee. Hands down the fastest way to get the best rate. I get an e-mail a few hours after each withdrawal
giving me the rate I got too. Always good.
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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wessongroup
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"and it very well could the shape Europe is in"
They® do seem to be having a bit of a problem... G20 is about to implode or exploded... just saying...
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oxxo
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| Quote: | Originally posted by DaleG
How much can you pull out of Sandanter with a BofA card?
Can you get more if you go in the branch office? |
6000p per day per card. We have 2 cards so 12,000p per day. You cannot take money out of Santander office with a BofA card; only through the ATM.
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Woooosh
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Every month we use this method to take pesos out, and then walk them over to Bancomber for deposit. Only fee-free way to do it.
[Edited on 9-19-2011 by Woooosh]
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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krafty
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6,000 at a branch office but less at the ATM's at the kiosks in Commercial, etc.
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Bob and Susan
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no way
today at the bank in mulege i got 12.91
the border cambios would be about 12.5
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Bill Collector
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Today 12.87 in San Jose del Cabo
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bigmike
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I bank with Bank of America and I can take $700.00 a day
out of my checking account, I have taken $7000.00 pesos
out of Santander's ATM, have never tried to take more than that, but have done it on many occassions.
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schwlind
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| Quote: | Originally posted by Woooosh
| Quote: | Originally posted by DaleG
How much can you pull out of Sandanter with a BofA card?
Can you get more if you go in the branch office? |
6000 pesos at a time at the ATM with no fee. Hands down the fastest way to get the best rate. I get an e-mail a few hours after each withdrawal
giving me the rate I got too. Always good. |
My understanding is that is dependant upon what withdrawal amount per day you have established with your BofA account in the states. Several months
ago I raised mine to $1000 per day US, so I can withdraw up to the equivalent amount in pesos... (using my BofA debit card, of course) and I use
ScotiaBank in Ensenada.
[Edited on 9-20-2011 by schwlind]
Linda
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bigmike
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Scotia use to limit you to 3000 pesos a day, do they allow more now?
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schwlind
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| Quote: | Originally posted by bigmike
Scotia use to limit you to 3000 pesos a day, do they allow more now? |
I saw that notice posted on their ATM, however, if your actual account is at BofA in the US, the rules for ATM withdrawals appear to be the limit
established with your US BofA account, and the beauty (at this time at least) is there are NO BANK FEES INVOLVED IN THE TRANSACTION!
Linda
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MitchMan
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| Quote: | Originally posted by DENNIS
I wouldn't be going out to buy Pesos as an investment unless you plan to take advantage of a saving immediatly. The last thing in the world I would
want is a mattress full of Pesos.
Euros arn't looking too good either since China is on the verge of buying Greece.
Keep your Dollars. |
There is alot of wisdom in those words.
[Edited on 9-20-2011 by MitchMan]
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DaleG
Junior Nomad
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Registered: 9-14-2011
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Ive been watching the exchange rate like a hawk lately. I try to time some silver libertad purchases when the silver price dips and exchange rate is
up.
If I can get the difference to near the spot price of silver....then I buy.
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C-Urchin
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Pesos/dollar
| Quote: | Originally posted by Woooosh
Every month we use this method to take pesos out, and then walk them over to Bancomber for deposit. Only fee-free way to do it.
[Edited on 9-19-2011 by Woooosh] |
If you go to Chase bank anywhere in the US and use "Rapid Cash", you are allowed to send someone (or yourself) $1500 max. 3 times a month per Chase
account. It can be all in the same day.
Money arrives at Banorte. No need for an account there. The someone you sent it to or yourself goes there with ID and picks up pesos at the day's
rate. No fees, no commissions. No need to deposit the money. Can be anyone, a MX national, a foreigner, an extra terrestrial, a dog, as long as you
have ID.
*Be the man your dog thinks you are
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