ATM Withdrawl Fees in Mexico

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Jan 27th, 2006 | 02:30 PM

dona

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ATM Withdrawl Fees in Mexico

Does anyone know what the various banks charge in Mexico for using their ATM network? For example, I have a credit union ATM card which will not charge a fee, but the bank I draw from in Mexico may charge a fee and I'm trying to figure out which banks charge the lowest fee. Thanks.

Jan 27th, 2006 | 02:32 PM

MikeT

Joined: Jun 2003

Posts: 2,881

Likes: 0

7.5 pesos was what I was charged just a few weeks ago.

Jan 27th, 2006 | 02:45 PM

suze

Joined: Jan 2003

Posts: 98,198

Likes: 12

I've only ever paid what was charged by my home bank (BoA) using ATM machines in puerto vallarta.

Jan 27th, 2006 | 02:55 PM

Poppa

Joined: Aug 2003

Posts: 390

Likes: 0

Your bank will tell you.

Look out for "coversion fees," too as they do the peso-dollar calc.

Jan 27th, 2006 | 06:52 PM

JeanH

Joined: Jan 2003

Posts: 3,066

Likes: 0

I've never been charged a fee. I figure they make they money on the exchange rate.

Jan 28th, 2006 | 12:38 AM

mikemo

Joined: Mar 2004

Posts: 5,869

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I live in San Miguel de Allende, Gto. and use my USAA ATM (15 free out of network w/d a month) for all cash.
Never been charged a fee by USAA, Banorte, Banamex, Bancomer nor Serfin.
M

Jan 28th, 2006 | 06:45 AM

cabron

Joined: Dec 2005

Posts: 635

Likes: 0

The fee you will see on the ATM machine is only if you are using a Mexican Bank Card, foreign cards are not charged a fee by the ATM, the only fee will be by your home bank

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Jan 28th, 2006 | 09:39 AM

dona

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Thanks to all for your responses. mikemo, I'm gathering quite a file with info from u for our upcoming trip to Mexico. Certainly appreciate all of the responses from u to others and to my varied questions these last months.

Jan 28th, 2006 | 10:14 AM

Stewbear

Joined: May 2005

Posts: 1,765

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Citibank is a partner of Banamex & there is no fee at either end for ATM withdrawals if you are a account holder. I keep a Citibank account just for this purpose. Also I recently heard that B of A & Seifin (SP?) has similar arrangement.