Essential Skills for Expats 3: Negotiation & Bargaining
In part three of this series, discover how how trade, negotiation, and bargaining are woven-in to the fabric of everyday Mexican culture
Articles about money, banking and personal finance matters in Mexico
Articles about money, banking and personal finance matters in Mexico
In part three of this series, discover how how trade, negotiation, and bargaining are woven-in to the fabric of everyday Mexican culture
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
Workers' wages are paid every fifteen days in Mexico, and pay days are known as "Quincenas" which make for busy weekends, especially in the capital
Old Mexican bank notes can be exchanged for their present-day value at the Bank of Mexico, or sold to collectors who seek to acquire them
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
This article shares a snapshot of Mexico's geographic, demographic, and key economic data, updated annually using latest official data
A brief glance back over 70 years of exchange rate fluctuations reveals a pattern that's woven into the tapestry of Mexico’s peso
In Mexico, merchants of all kinds tend to reject damaged banknotes, but you can exchange damaged notes at a bank if you have at least half of the note intact
Although cashless payment options are increasing in Mexico, the use of notes and coins remains essential in your day-to-day transactions here
Tipping is woven into the fabric of Mexican trading culture and appropriate in many everyday situations. This article helps you get acquainted with them
With more than 19 billion coins and bills in circulation across Mexico, why does it seem that no one ever has any change?
Mexican banknotes carry a range of security features, and a few spot checks can help you avoid getting landed with fake bills as you trade