A few trips to Mexico and we've discovered 4 rules to successfully using an ATM. Rule #1 - Go Inside Rule #2 - Only pesos Rule #3 - Just say NO! Ruel #4 - Remember to take what's yours
I know to decline the last conversion but do you know what happens if you click No to the service fee? Does it cancel or offer another lower service fee?
So.. to understand better With how much less I will get in pesos if for example I want to take out 100€? How much will they charge me for that transaction? Or did I understood well that they charge per transaction?
Any of the ones that are indoors and have a bank name on them are the safest. The ones inside a store are good. There's a lot of indoor areas that have multiple ATMs. If it's right oustide of a bank, they would be safe to use as well. We sometimes use those and then go straight into the bank to exchange the larger bills for smaller bills.
Do ATMs accept DEPOSITS of peso notes back to your home bank? Don't want to be stuck with pesos when I'm about to catch my flight home. Or maybe it's better to find a currency exchange or bank to physically convert my pesos into dollars (Canadian dollars) ?
The conversion question is BS. Like it's there to confuse us into charging more money. I recently clicked yes bc in a hurry "of course i want my money converted. Duh!" I havent traveled to MX in 15 yrs. And with the line behind me and tired flight and wife was scrambling out of there. I just dont understand the purpose of the "conversion" question. Obviously my account is in USD and im there to get pesos. It's like a scam.
It's not necessary to just stick to banks, ATMs at grocery stores etc...are fine, rule of thumb, go where locals go...you are catering your video for Americans, ok, I guess, but many people who live/visit are not American and don't care about a USD-Peso conversion...Banorte has one of the higher fees, there are ATMs that are cheaper (Citi, Santander)
Absolutely go where the locals go. I go to the grocery store all the time but my video there was not good. The point of this is to not accept the conversion rate it initially gives you. I’m sure that’s the case for whatever currency you use.
Wow thank you so much I needed this for my Mexico trip! You’re a hero!!
This was very helpful!!! Thank your the best! I'm going to review your video one more time. Keep up with those awesome videos ! 👍🏼
Thank you very much! I was so confused on how to get Money. I just arrived in Mexico 1st time ever yesterday 😅💯
How exciting! Hope you had fun!
Very helpful! Thank you.
Thank you so helpful!
Helpful ❤
I know to decline the last conversion but do you know what happens if you click No to the service fee? Does it cancel or offer another lower service fee?
It will cancel your transaction.
So.. to understand better With how much less I will get in pesos if for example I want to take out 100€? How much will they charge me for that transaction? Or did I understood well that they charge per transaction?
The fees are per transaction.
What ATMs are good to use in mexico? I hear a lot of bad ATMs that are scams
Any of the ones that are indoors and have a bank name on them are the safest. The ones inside a store are good. There's a lot of indoor areas that have multiple ATMs. If it's right oustide of a bank, they would be safe to use as well. We sometimes use those and then go straight into the bank to exchange the larger bills for smaller bills.
Do ATMs accept DEPOSITS of peso notes back to your home bank? Don't want to be stuck with pesos when I'm about to catch my flight home. Or maybe it's better to find a currency exchange or bank to physically convert my pesos into dollars (Canadian dollars) ?
I do not believe they accept deposits. I have never tried tried depositing money in any atm, local or not, that didn't belong to my bank.
Hi, Can I use my canadian bank debit card on this ATM? Thank you!!
Unknown since I'm not from Canada.
The conversion question is BS. Like it's there to confuse us into charging more money. I recently clicked yes bc in a hurry "of course i want my money converted. Duh!" I havent traveled to MX in 15 yrs. And with the line behind me and tired flight and wife was scrambling out of there. I just dont understand the purpose of the "conversion" question. Obviously my account is in USD and im there to get pesos. It's like a scam.
It's not necessary to just stick to banks, ATMs at grocery stores etc...are fine, rule of thumb, go where locals go...you are catering your video for Americans, ok, I guess, but many people who live/visit are not American and don't care about a USD-Peso conversion...Banorte has one of the higher fees, there are ATMs that are cheaper (Citi, Santander)
Good Input..
Absolutely go where the locals go. I go to the grocery store all the time but my video there was not good. The point of this is to not accept the conversion rate it initially gives you. I’m sure that’s the case for whatever currency you use.