The main banks in Mexico are Scotiabank, HSBC, BBVA Bancomer, Santander and Citigroup. In general, there are three main types of accounts you can open: Peso Checking Account: Allows you to manage your money in Mexican pesos and earn an interest income. The minimum balance to open a peso account ranges from $500 to $1000 pesos […]
A Simple Way To Pay Mexican Bills Long Distance
If you own a home in Mexico and it is not your permanent residence, it is possible to keep your bills paid long distance. To do this, open up a Mexican bank account with BBVA Bancomer, Banamex, HSBC, or Santander. BBVA Bancomer will pay your CFE electric bill, Telmex, Cablamas and other utility bills when […]