Zihuatanejo-Ixtapa Message Board - Opening a bank account

Opening a bank account (reply)

StevieRay — Mon, 26 Sep 2016 16:04:04 +0000

I have been considering opening up a bank account also, only for the purpose of buying a car that I can finance through a bank, as I don't have cash to buy a 3 year old car outright. Does Intercam do this?

Opening a bank account (reply)

midalake — Mon, 26 Sep 2016 12:59:07 +0000

I have had funds transferred from Australia to Intercam, on a regular basis, for the past 6 years. I have just been notified that Intercam can no longer receive international transfers, The Australian Reserve Bank has advised that there is an International Sanction on Intercam FondosSA de CV SOSI.
This week I had to open an account with HSBC so I can continue transferring funds from my Australian Banks.
My Intercam account will slowly deplete, with no way for me to replenish it.

I needed my Permanent Resident card, Passport and a utility bill to open the HSBC account. They did not accept a copy of my CFE June bill! I had to return with the August (latest) bill.

I have googled three different ways to find information on this sanction against Intercam. Found nothing. If you have any official links can you post them? Are you sure this is not just your country's sanction?

Opening a bank account (reply)

Semma4 — Sat, 24 Sep 2016 21:03:10 +0000

I have had funds transferred from Australia to Intercam, on a regular basis, for the past 6 years. I have just been notified that Intercam can no longer receive international transfers, The Australian Reserve Bank has advised that there is an International Sanction on Intercam FondosSA de CV SOSI.
This week I had to open an account with HSBC so I can continue transferring funds from my Australian Banks.
My Intercam account will slowly deplete, with no way for me to replenish it.

I needed my Permanent Resident card, Passport and a utility bill to open the HSBC account. They did not accept a copy of my CFE June bill! I had to return with the August (latest) bill.

Opening a bank account (reply)

Canadian Rainbirds — Sat, 24 Sep 2016 06:23:07 +0000

We have an HSBC "Premier" account in Canada and a "non resident" HSBC account in the UK. Last year when we were in PV and dealing with HSBC there to get a new debit card forwarded to us through them the account supervisor suggested that we open an account in Mexico and offered to help set it up. We did did not take her up on it as we spend most of our Mexican time in Z. In retrospect we don't see any advantage to it. The ATMs work fine, we don't have any need to write cheques, and can manage without the debit card.

Opening a bank account (reply)

Linda from Canada — Sat, 24 Sep 2016 00:57:50 +0000

I don't believe I suggested there was anything secret about CURP nor anything else.

Opening a bank account (reply)

OlsenMN — Sat, 24 Sep 2016 00:34:27 +0000

May I suggest you consider providing your email address so you can be contacted directly? CURP is an identity code for both citizens and residents of Mexico. It will appear on your permanent residency card (I don't know if it is on a temporary residency card) and also on your INAPAM card (if you are over 60 and apply for one).

Linda, if someone is contacted directly, ie off the board than the info is not available to others. Surely there is nothing secret about a CURP. Plus it is googleable and most of us carry a laminated CURP card.CURP

Opening a bank account (reply)

Linda from Canada — Fri, 23 Sep 2016 21:39:56 +0000

May I suggest you consider providing your email address so you can be contacted directly? CURP is an identity code for both citizens and residents of Mexico. It will appear on your permanent residency card (I don't know if it is on a temporary residency card) and also on your INAPAM card (if you are over 60 and apply for one).

Opening a bank account (reply)

kathyMN — Fri, 23 Sep 2016 21:31:37 +0000

I have an account at Intercam as well. Great products and services.

Opening a bank account (reply)

thatsit — Fri, 23 Sep 2016 19:09:42 +0000

Thanks but what is a CURP if I may ask.

Opening a bank account (reply)

midalake — Fri, 23 Sep 2016 16:32:58 +0000

We have an account at Intercam in Ixtapa. Great service they also speak English.

I like Intercam too. Esp because you can wire money to an account in Canada or the US for credit to your account, saving international fees. Also there is no problem opening an account as long as you have a local address.

Opening a bank account (reply)

needshendy — Fri, 23 Sep 2016 15:59:11 +0000

Thanks for clarifying that Linda.
Having only used the ATM. I did not realize I would not get "full service" banking in Zihua.

Opening a bank account (reply)

Choyera13 — Fri, 23 Sep 2016 15:36:54 +0000

You cannot open a bank account on a 180 day tourist visa. You will need to have residency status. You need your CURP to do so.

Opening a bank account (reply)

ZihuaRob — Fri, 23 Sep 2016 14:52:47 +0000

We have an account at Intercam in Ixtapa. Great service they also speak English.

I also recommend Intercam in Ixtapa. Terrific service and personnel. They told me they had plans to open a branch office in Zihuatanejo possibly this coming year.

Opening a bank account (reply)

Garry — Fri, 23 Sep 2016 14:33:47 +0000

We have an account at Intercam in Ixtapa. Great service they also speak English.

Opening a bank account (reply)

Linda from Canada — Fri, 23 Sep 2016 14:06:39 +0000

Scotiabank in Canada is not directly related to (is not a "branch" of)Scotiabank in any other country. They cannot access your account. Outside of not paying ATM fees, there is no other benefit to having Scotiabank in Canada when doing business in Scotiabank somewhere else.

Opening a bank account (reply)

Linda from Canada — Fri, 23 Sep 2016 14:04:41 +0000

We have had accounts at Banorte and Scotiabank, and prefer Scotiabank. Be careful about service charges that are in the very "small print". We didn't realize for a few months that Banorte was taking fees every month. It has been our experience that most accounts require a minimum monthly balance in order to avoid extra charges.
We just needed our Canadian passports. We also took our resident cards and a couple of utility bills in our name, but they barely glanced at those. That was several years ago, so things could be different now.

Opening a bank account (reply)

needshendy — Fri, 23 Sep 2016 13:59:17 +0000

Why not open a Scotia Bank account in Canada? They have a branch in Zihua,

Opening a bank account

thatsit — Fri, 23 Sep 2016 13:30:12 +0000

I need to open a bank account in ZH.

I am a Canadian resident.

Does anybody know the documents required
and if a bank is better than another.