Best Exchange rate from banks
I have been keeping track of the different exchange rates from the various banks over the last 3 weeks and have found that CitiBanamex has the best consistent rate and Bancomer has the worst, keep in ...
Forum Discussion
The reality depends on location.
For those who travel to remote areas it's tough to beat BanaMex because an ATM the sole ATM might be the only one within 50 miles.
I have been told to my face a few times by bank branch suits "We bo longer exchange dollars inside the bank or outside in the ATM" (BanComer)
The same thing happened with HSBC
Is this an individual bank branch decision?
One thing for certain, WHO does WHAT, WHEN, is not cut and dried. I've used BanaMex machines attached to a bank that had a 2.000 peso limit. I've tangled with a BanNorte ATM in a Major city in the last six months that offered a 10,000 peso extraction limit but it's exchange rate was a hair under one peso fewer pesos per dollar.
Being ripped off by BanComer at an exchange rate 4% less than the BanaMex rate is one thing, being limited to 4,000 pesos the second, by an ATM fee of 81.90 pesos (4.55 USA) ridiculous. Almost ten dollars per use?
For those who travel to remote areas it's tough to beat BanaMex because an ATM the sole ATM might be the only one within 50 miles.
I have been told to my face a few times by bank branch suits "We bo longer exchange dollars inside the bank or outside in the ATM" (BanComer)
The same thing happened with HSBC
Is this an individual bank branch decision?
One thing for certain, WHO does WHAT, WHEN, is not cut and dried. I've used BanaMex machines attached to a bank that had a 2.000 peso limit. I've tangled with a BanNorte ATM in a Major city in the last six months that offered a 10,000 peso extraction limit but it's exchange rate was a hair under one peso fewer pesos per dollar.
Being ripped off by BanComer at an exchange rate 4% less than the BanaMex rate is one thing, being limited to 4,000 pesos the second, by an ATM fee of 81.90 pesos (4.55 USA) ridiculous. Almost ten dollars per use?
