Forum Discussion
qtla9111
Nov 10, 2017Nomad
moisheh wrote:
I cannot think of worse advice than for an RV'r to open a bank account in Mexico. Mexican distrust the banks for very good reasons. Some banks will not open accounts for anyone with just an FMM. In the small villages they do not accept plastic. We cannot pay our water bill or taxes with plastic. Most of the small restaurants here do not take plastic. Some will take CC's but charge a fee. How would an RV'r get the cash into a bank account. They do not take foreign checks. Cash is king! The banks are almost thieves! If you LIVE in MEXICO and get a Mexican salary then a bank account is a good idea.
Moisheh
I wasn't referring to rvers. I said a temporary or permanent resident. Social Security checks can be direct deposited to a Mexican account. What person would pay ATM fees and then carry around large amounts of cash to pay bills when they could open a Mexican account.
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