Managing Your Money in Mexico

Learn about money & banking in Mexico: managing your finances, the Mexican peso, banknotes, banking services, money transfers, and using bank cards here

Mexico's peso is a one of the most traded currencies on world foreign exchange markets. This article introduces you to Mexico's currency, coins & banknotes

The latest payment terminals in stores, supermarkets, and restaurants across Mexico enable customers to use their smartphones to pay

A local bank account provides essential facilitation of your day-to-day finances. This article describes how to open and manage an account in Mexico

Whether you're visiting Mexico or living here, you'll need to exchange your foreign currency and buy pesos for spending—there are three main ways to do this

Money transfers to from and within Mexico have become easier and less expensive with online banking, although over-the-counter transfer services still exist

Debit and credit cards are a convenient way to pay for purchases and withdraw cash. Learn about using your Mexican and/or foreign-issued bank cards in Mexico

An introduction to Mexico's retail banking brands as well as a description of the typical services and facilities offered by all the retail banks in Mexico

ATMs provide an efficient way to obtain local currency in Mexico from a foreign or Mexican bank account, and some also accept cash deposits to local accounts

This article shares tips and common sense advice to help keep your money and bank cards safe when you are visiting or living in Mexico

Mexico operates a public insurance scheme known as IPAB to protect depositors' funds, but not all firms and investment types qualify for cover