Intercam bank

by midalake @, Friday, July 04, 2025, 10:42 (491 days ago) @ aaron in Coacoyul
edited by midalake, Friday, July 04, 2025, 11:37

Sorry if this has already been discussed and I’m just not savvy enough to find it. Is anyone else freaking out about Intercam bank? I have been banking there very happily for the past couple years and have a fairly significant amount of money currently invested in a time CD. A couple of days ago I received a WhatsApp message from my banking lady that they were no longer able to transfer money between Mexico and the United States. I have read the US news about the accusations of money laundering by Intercam and two other Mexican banks and it’s concerning . I won’t be back in Mexico until next week to deal with this and am wondering if I will ever see my money again. Does anyone know anything more about this? I’m so surprised no one has mentioned anything as it seems like the majority of Intercam’s customers in Zihuatanejo are Americans and Canadian.
Thanks very much for any info.

To address your point more, the short answer is no, thinking no issues.

Clearing money through the US Bank system is the only thing they cannot do. I suspect this will be cleared up shortly using a clearing account in Canada.

I have already made normal money movements on two different accounts I have there.

The US to date has offered NO EVIDENCE to support the banking stoppage. I have my feeling why they did this but will not announce those yet.
I completely expect business as normal except for American wires.


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