US Currency vs Mexican pesos
by kathybrown, Tuesday, November 09, 2021, 07:04 (1828 days ago)
Just checking is it wise to get pesos before you leave the US or just use cash? I work at a bank and can get it easily, just didn't know if it was needed or not. thanks!
US Currency vs Mexican pesos
by Casa Juan
, Tuesday, November 09, 2021, 07:27 (1828 days ago) @ kathybrown
no real reason to bring pesos with you if you are staying in Zihua. ATMs are plentiful, there is also one at the airport
US Currency vs Mexican pesos
by ZihuaRob
, Zihuatanejo, México, Tuesday, November 09, 2021, 07:39 (1828 days ago) @ kathybrown
Just checking is it wise to get pesos before you leave the US or just use cash? I work at a bank and can get it easily, just didn't know if it was needed or not. thanks!
You'll get the best rate of exchange using local cajeros automáticos (ATMs) with your debit card. Please use pesos instead of dollars here. Dollars are not easy to exchange for most working people here.
US Currency vs Mexican pesos
by kathybrown, Tuesday, November 09, 2021, 07:43 (1828 days ago) @ ZihuaRob
That is what I was thinking. Thanks for the quick response.
US Currency vs Mexican pesos
by frostbite
, Hamilton MT, Tuesday, November 09, 2021, 08:27 (1828 days ago) @ kathybrown
The first time we went to Mexico, we got some Pesos at a bank at home. Terrible exchange rate. They took them back upon our return. ATMs are much better. If they ask if you want their exchange rate, respond "NO" and get a better deal.
US Currency vs Mexican pesos
by Bill Fun, Tuesday, November 09, 2021, 08:58 (1828 days ago) @ kathybrown
Yes, ATM are by far the best but one slight word of caution. About 10 years somehow our bank messed up with my Mexican authorization so when we wanted to use the airport ATM it repeatedly declined me. I then had to scramble to find the right number then call to straight things out.
Maybe things are better now but I always double-check with my bank that they are OK with it and have had to problems since.
US Currency vs Mexican pesos Another Caution
by Gregorio M.
, Tuesday, November 09, 2021, 10:40 (1828 days ago) @ Bill Fun
Make sure you have signed the back of you debit card. An ATM “ate” mine a few years ago. The bank said they would retrieve it from the ATM - which they did. Then the gentleman who retrieved the card looked at me and said “sorry I cannot return the card to you”. When I asked why he said because my signature was not on the back of the card. He was obligated to send the card to Mexico City to be destroyed. I always wondered why there was a signature space on an ATM card - now I know!
US Currency vs Mexican pesos Another Caution
by Yandosan, Tuesday, November 09, 2021, 16:28 (1828 days ago) @ Gregorio M.
I woulda been so pissed off...
US Currency vs Mexican pesos Another Caution
by Timmac
, Steilacoom, WA, Tuesday, November 09, 2021, 16:42 (1828 days ago) @ Gregorio M.
Sounds strange to me. I would think your name on the card along with photo ID (passport or drivers license) would be sufficient proof.
US Currency vs Mexican pesos Another Caution
by Little Guy
, Tuesday, November 09, 2021, 17:42 (1828 days ago) @ Timmac
Sounds strange to me. I would think your name on the card along with photo ID (passport or drivers license) would be sufficient proof.
I once read “advice” that signing a financial services card is a bad idea, because skilled card thieves are sometimes skilled forgers as well. The “advice” was to instead print “Ask for driver’s licence” in the space. A thief would then have to have both cards and be able to pass themselves off as being the person in the DL photo.
It seemed a bit extreme. I mean, how often had someone flipped over my card? So I did that.
A couple of weeks later I went to buy something with that credit card. The clerk actually flipped my card over. Then they refused to take the card. They said that the merchant’s agreement only protects the merchant from losses if the card has the person’s signature.
Go figure.
US Currency vs Mexican pesos Another Caution
by Gregorio M.
, Thursday, November 11, 2021, 10:16 (1826 days ago) @ Timmac
I offered that, and to sign my card in front of him so he could compare the signature on my drivers licence, but no go. He felt badly and apologized but said he had no choice in the matter. I guess he was only doing his job. Fortunately my wife had her card along also. It too wasn’t signed, so I made sure she did sign it before using.
By the way the reason the machine took my hard was because I hesitated in the transaction too long and it pulled the card in as I was holding onto it. Found out that was a precaution for customers who walked away and left their card behind. This ATM did recognize chips.
US Currency vs Mexican pesos
by frostbite
, Hamilton MT, Tuesday, November 09, 2021, 12:08 (1828 days ago) @ Bill Fun
I learned the hard way that one should always inform the issuer of one's card(s) that one is going to travel. Where and when.
US Currency vs Mexican pesos
by Helene
, Zih, Tuesday, November 09, 2021, 18:54 (1828 days ago) @ frostbite
The banks don't even let you do that anymore. The chip is all you need.
US Currency vs Mexican pesos
by Talley Ho
, Playa la Ropa, Tuesday, November 09, 2021, 19:01 (1828 days ago) @ Helene
Absolutely!

