Yes, and the HSBC rate yesterday was 19.49
But not in ATM machines. It's a hoot. One day at a Banorte branch on Reforma it was handy for me to pay my bi-mestral CFE bill. The teller said (of course) he could only accept pesos as payment. This is fact everywhere...
So I whipped out my wallet and fished out 5 US twenties. "We don't do currency exchanges here" I asked what the stickerboard was advertising at 18.25 to one "Oh that's the bank exchange rate" he explained.
I went out to the ATM and proceeded to get 17.18 pesos to the dollar excluding the 38 peso ATM fee and excluding of course my bank foreign ATM fee. 1.07 pesos per dollar less than the lobby board. The lobbyboard was for BUSINESS accounts who deposited US Dollars in a special dollar account.
I drove 3-blocks to a BanaMex paid 31.90 pesos fee and got pesos for 18.45 to the dollar. This was more than a month ago.
When Banorte stickers hit 20.00 to the dollar, stick an extraneous card in their ATM machine, and pucker up. Your 19.39 was the peso rate to purchase dollars.
Check the same day BANXICO rate today's rate at the following address. Yes, Banorte was giving away money..heh...heh... Banxico is Mexico's treasury the same as the old Banco de Mexico.
http://www.banxico.org.mx/portal-mercado-cambiario/index.html
Of course, their website could be lying...
