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Doug/Vamonos
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ATM withdrawal question
Hi. I withdraw pesos from the Mexican ATMs on my drive south in Maneadero and San Quintin. I have two separate US accounts and usually get 4000 pesos
from each card. Does anyone know what the daily limit is? I can get $400 from my US banks in the US, but is it the same when withdrawing in Mexico?
For example, with the exchange at 15 pesos per dollar, can I withdraw 6000 pesos? The most I've ever tried is 4000. Thanks.
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woody with a view
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yes, whatever your bank allows is the number of pesos that will be dispensed.
see you there!
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chippy
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Woody is right. I get 7000 at a time. My USD limit is 500 dollars.
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Udo
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I use Mexican ATMs a lot and I agree with Woody & Chippy.
One plus...you get the best exchange rate.
One caveat: Check the Mexican bank's fees, and which is affiliated with your bank. ATM fees vary widely.
Udo
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bill erhardt
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A Mexican bank will not dispense through an ATM more pesos than the equivalent dollar limit of your U S bank account, but the Mexican bank may have a
lower limit. I have pushed withdrawals in Loreto to 12,000 pesos, but hit a ceiling although my U S bank limit is higher.
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msteve1014
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And just like ATMs in the states, when the machine gets low on cash it will cut back on how much it will dispense in a single transaction.
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motoged
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I also "hit the Mex bank's ceiling" in Vizcaino .....several smaller withdrawals at a time allowed me to get my $$$$ required....
Some Mex banks wouldn't recognize my bank debit card, despite card "symbols" posted at ATM....
Best advice....don't wait until the last minute to see if Mex bank /ATM withdrawals work....nothing worse than $10.00 in your pocket with expenses in
front of you and an uncooperative ATM.
Plan ahead.
Don't believe everything you think....
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Doug/Vamonos
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Exactly the info I needed. Thanks everyone.
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Lee
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Quote: Originally posted by msteve1014  | | And just like ATMs in the states, when the machine gets low on cash it will cut back on how much it will dispense in a single transaction.
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Wells Fargo/Bancomer gives me 7,000 pesos at a time. Sometimes, at the ATM, I get a notice that Bancomer doesn't have the funds, so I make 2
withdrawals at 3,500 pesos each. My WF account waives all fees as well.
US Marines: providing enemies of America an opportunity to die for their country since 1775.
What I say before any important decision.
F*ck it.
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Bajahowodd
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| Quote: Originally posted by motoged | I also "hit the Mex bank's ceiling" in Vizcaino .....several smaller withdrawals at a time allowed me to get my $$$$ required....
Some Mex banks wouldn't recognize my bank debit card, despite card "symbols" posted at ATM....
Best advice....don't wait until the last minute to see if Mex bank /ATM withdrawals work....nothing worse than $10.00 in your pocket with expenses in
front of you and an uncooperative ATM.
Plan ahead. |
I'm guessing that you had to pay a transaction fee foe each withdrawal. Not so good.
We have, for many years gotten our pesos by the turnoff to Maneadero. Try to only make a single withdrawal on the trip.
That said, unlike years ago, many Pemex stations and most hotels now take credit cards. And unless you're making a big purchase, you can use dollars
without worrying about the exchange rate. Chump change.
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Ateo
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Never, until this last trip have I had a problem with an ATM in Mex.
My new card with the new chip didn't work in TJ or Ensenada.
Both transaction I requested a withdrawal but no $$$ came out.
Everything looked exactly like it should be, with the card popping back out, but no $$$.
Any ideas?
Fortunately I had US dollars.
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woody with a view
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how many pin #'s?
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tripledigitken
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Did you let your bank know of your travel plans prior to leaving for Baja?
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AKgringo
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I had a problem trying to withdraw cash in Tecate last October. Two different bank branch ATMs charged me for balance inquiries, but I got no cash
out.
When a convenience store ATM declined me as well, I took some greenbacks to a money changer and got on the road, sure that I would be spending some
time in a bank, or on the phone in San Felipe.
I was pleasantly surprised to find that in S.F., taking no further action, there was no problem! Never had another issue over the six weeks I was in
country.
Wells Fargo sent me one of the new 'chip' card recently, I can hardly wait to see if I will have problems next time.
If you are not living on the edge, you are taking up too much space!
"Could do better if he tried!" Report card comments from most of my grade school teachers. Sadly, still true!
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Ateo
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Ken: I never let my bank know that I'm traveling and have never had an issue in the last 20 years. Good question though. I hope something hasn't
changed. I guess I could call my bank.
Woody: The pin is a decent amount of digits. I ain't saying on here! More than 6 though.
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woody with a view
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that is your problem right there! I'm almost certain that anything over 4 is not accepted SOB.
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Ateo
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That's a great joke. 
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motoged
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What Woody said....El Correctomundo
Don't believe everything you think....
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Doug/Vamonos
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I log onto my accounts (credit unions) before leaving and leave a vacation note with my dates SOB just in case there is an issue. Such as multiple
withdrawals in one day. Last week I bought a fishing license online and my first card choice denied it because I was on the mex website and the
transaction was in pesos. They emailed me later asking if it was a legit charge, while my other card was approved with no problem. And I've previously
had charges denied after multiple uses at gas stations with my motorcycle (three gallons at a time over 700 mile trips). So it is worth notifying them
if you have travel plans, especially SOB.
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cliffh
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We have wells fargo atm with new chip, no problem san jose or la paz, we let them now when we are in baja.
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