Cash, Please: You Still Need Notes & Coins 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
Your Money and Finances in Mexico
Articles about money, banking and personal finance matters in Mexico
Articles about money, banking and personal finance matters in Mexico
No Hay Cambio — the Art of Making Change in Mexico
With more than 19 billion coins and bills in circulation across Mexico, why does it seem that no one ever has any change?
Opening and Managing a Bank Account in Mexico
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
Money Exchange: Buying & Selling Foreign Currency 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
Making Money Transfers To, From, and Within Mexico
Money transfers to from and within Mexico have become easier and less expensive with online banking, although over-the-counter transfer services still exist
The Mexican Peso: A Historical Tour of Mexico’s Currency Value
A brief glance back over 70 years of exchange rate fluctuations reveals a pattern that's woven into the tapestry of Mexico’s peso
Tips for Spotting Counterfeit Mexican Banknotes
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
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
What are Mexico’s UDIs, and what are they used for?
UDIs were introduced as an inflation-protected unit and are still used today for mortgages, bonds, and some financial calculations
Banks & Banking Services Offered in Mexico
People living in Mexico often open a Mexican bank account to facilitate daily transactions and manage money transfers between their home country and Mexico
Safety Tips for Cash, Bank Cards, and ATM Use in Mexico
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
Money Matters: How Safe is Your Cash 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
