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Money
Finding a bank will be easy enough since practically all towns with more than 5,000 inhabitants have one.
These are the different banks you will find in Mexico and their hours:
Inbursa |
Monday to Friday from 9:00 a.m. to 4:00 p.m. |
BBVA Bancomer |
Monday to Friday from 8:30 a.m. to 4:00 p.m., Saturdays at supermarket branches. |
Santander Serfin |
Monday to Friday from 9:00 a.m. to 4:00 p.m. and some branches on Saturday. |
Banorte |
Monday to Friday from 9:00 a.m. to 4:00 p.m and some branches on Saturday. |
HSBC |
Monday to Friday from 8:30 a.m. to 7:00 p.m., Saturdays until 2:00 p.m. |
Banamex |
Monday to Friday from 9:00 a.m. to 4:00 p.m and some branches on Saturday. |
Scotia Bank Inverlat |
Monday to Friday from 9:00 a.m. to 5:00 p.m and some branches on Saturday. |
Ixe |
Their hours vary at different branches ranging from 8:30 a.m. to 6:00 p.m., various locations are open on Saturdays and some on Sundays. |
As you can see, some bank branches are open on Saturdays and Sundays. On their websites you can find more information.
ATMs
Just like banks, it is easy to find one, with the exception being in very small towns.
Before traveling, we recommend that you verify with your bank what your daily withdrawal limit is.
It is also important to ask how much the surcharge is for a withdrawal. Generally surcharges are not much, and it is worth it to get your money through an ATM instead of paying the commission at an exchange house.
You will find ATMs not only at bank branches, but also in airports, shopping malls, movie theaters, bus stations, supermarkets, etc.
Unlike other countries, some ATMs in Mexico will first give you your cash and then your card. Keep that in mind so you do not forget your card.
The majority of ATMs’ menus are in Spanish and in reality there are very few that have language options.
Withdrawing Money Safely
- If you withdraw money from a bank ATM, enter alone and be sure the branch is staffed with security police.
- As previously mentioned, airports, supermarkets and public places with lots of people (any shopping mall) are good locations for withdrawing money since many of them are guarded by security.
- Avoid withdrawing money at night. This recommendation is not only for Mexico but in any part of the world to reduce your risk. If it is absolutely necessary that you make a withdrawal at night, there is a restaurant chain called Sanborns, just ask someone for its location. They are open until 1:00 a.m. and all of their establishments have an ATM, and moreover, this chain can be found in many cities throughout the country.
- Another option is that some supermarkets are open 24 hours.
Our Bills and Coins
Credit Cards
Mastercard, Visa and American Express are the most widely accepted cards. You can easily use them.
Diners Club is less common, although if you have one of these cards, it never hurts to ask if it is accepted.
The vast majority of credit cards have, on the back side, telephone numbers for assistance and there is always a toll free number to call if the card is lost or stolen. We suggest you write this number down in two different places where you can quickly find it in case of an emergency.