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Expat Advice: Financial Issues in Rosarito, Mexico

Submitted by Eidel

What is the name of the city or town that you are reporting on?

Rosarito

What advice would you offer others about banking as an expat in your country? What do you wish you had known about banking when you first arrived?

I opened an Intercam account in Mazatlán. Easy to open with passport, proof of address, residency card and one reference. The online app is easy to use. I can deposit a check from my US bank account and funds are available within 1-3 hours. I withdraw funds from the Intercam ATM in pesos. Current ATM limit is 8,000 pesos per day. However, I can withdraw at the teller window up to 20,000 pesos. [One problem is] not being able to use Intercam ATM card to make purchases. However, the Intercam agent in Mazatlán told me i could call main number and get authorization to use it to make purchases. I have not done this so i cannot verify if this is true.

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