Be Wise

But in order to have an account at a bank in Mexico you must have a CURP, which means you must be a resident. Catch 22.

That is a consideration for some purposes, but not for others.

It would not be a consideration for transferring money from the US or Canada to someone in Mexico, such as a renter might do. I have used Wise to directly pay contractors in Mexico for example to have solar panels installed and have electronics installed in my house.

And I do find it convenient to have a debit/ATM card that I can use without having any concern about the exchange rate or foreign currency fees.