La Quincena: The Cash Behind the Friday Rush
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
Articles about money, banking and personal finance matters in Mexico
Articles about money, banking and personal finance matters 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
Tipping for services is a practice that is deeply ingrained in Mexican culture and this article describes some key situations where a tip may be appropriate
UDIs were introduced as an inflation-protected unit and are still used today for mortgages, bonds, and some financial calculations
People living in Mexico often open a Mexican bank account to facilitate daily transactions and manage money transfers between their home country and 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
Although cashless payment options are increasing in Mexico, the use of notes and coins remains essential in your day-to-day transactions here
Mexico operates a public insurance scheme known as IPAB to protect depositors' funds, but not all firms and investment types qualify for cover
A brief glance back over 70 years of exchange rate fluctuations reveals a pattern that's woven into the tapestry of Mexico’s peso
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
With more than 19 billion coins and bills in circulation across Mexico, why does it seem that no one ever has any change?
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