View single post by long time resident
 Posted: Thu Jun 16th, 2016 07:11 pm
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long time resident

 

Joined: Thu Oct 27th, 2005
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Mana: 
I know that you can set up with your bank in the states to up the amount you can take out. So if you only pay a fee once a month or so, it isn't so bad, and saves you the issues of opening an account in Mexico, which the requirements have become tedious. Wells Fargo charges $5 for each international transaction, and whatever the local bank charges, which is usually less then $3. So if you have a limit of $1000 or more, then it isn't as bad as some banks that charge a 3% on whatever the amount is, plus an international transaction fee, plus??? So many ways to do this. I did find that my last withdrawal gave me a marginal rate of exchange. SO helps to read up on the options , and then decide. Good luck.