thanks for providing this additional info.

Contact Information:

Alberto Saucedo I Gerente Cobranza y Control Fiduciario
Scotiabank México
Blvd. Manuel Ávila Camacho No.1, Piso 9.
Col. Lomas de Chapultepec, Ciudad de México C.P. 1009
Tel: +­52 (55) 5123 2460 I Directo
Tel. +52 (55) 5123 0000 I Ext: 32460
agsaucedo@scotiabank.com.mx

I am glad that you were successful in getting Scotia to refund the overpayment. I have a trust set up in 2017(not my house) when I paid for the first two years of fideicomiso thru the local notario. Now the same scotia employee you mentioned has told me since feb'20 they can't find the trust # to credit additional payments.

For my house where I made a cash payment on 10/27/20, I cannot get the same Scotia employee to set up an appointment locally at the Zihua branch to verify that my receipt is legit. I get the impression that the local Scotia branch has nothing to do with Fideicomisos. I would be in favor of the Federal gov't taking this function over from Scotiabank.

In fact you are correct. The local Scotia bank has nothing to do with Fideicomisos and is completely clueless!

The Govt. Of Mexico should never take this over. The problem is the money grab and the overworked office.

D

For my house where I made a cash payment on 10/27/20, I cannot get the same Scotia employee to set up an appointment locally at the Zihua branch to verify that my receipt is legit. I get the impression that the local Scotia branch has nothing to do with Fideicomisos. I would be in favor of the Federal gov't taking this function over from Scotiabank.

The main difference between them is the amount of income/net worth you have to show. Permanent takes more, and is a one time thing. You get it, that's it. Temporary has to be renewed annually for up to four years at which time you can apply for Permanent Residency and not have to show the higher income/net worth.

https://immigrationtomexico.mx/pros-cons-temporary-or-permanent-residency-in-mexico/

Our thought is to go to the notary that handled our home purchase and see if he would handle it.

We'll be citizens before she figures it out and will be able to get rid of the trust.

Excellent strategy! This is why I would prefer to become a citizen before buying property in Mexico. I was all ready to rent a place in Tijuana and apply for a permanent resident visa. It was all planned last March when the virus hit. Now I can't remember which visa I was going to apply for, the FM2 or FM3. When the vaccines become available, I plan to start the process all over again. But this time, I found a cheaper place in Rosarito. The best laid plans of mice and men ...

We'll be citizens before she figures it out and will be able to get rid of the trust.

We have had our trust with Scotiabank for 10 years. We pay our annual fees of $498.80 every November via credit card. Other than updating the expiration date on the credit card, it has been a fairly streamlined process. This year they charged me $997.60, which is exactly double the normal amount. I have been sending emails for several days, but not getting a response. Just wondering if anyone else has had this happen. I will probably have to dispute with my credit card company, but was hoping to avoid doing that.

For a group of us, all contact to Scotia Bank has been unanswered.
I HIGHLY SUGGEST Making copies of all receipts and keep in different places. The paper it is printed on from the bank, the numbers will disappear over time.

D

I suggest that you only authorize the $498 USD and tell Scotiabank to deal with it.

I have been trying to arrange an in person meeting since 11/11/20 in Zihua to show Scotiabank the receipt. The person who handles all the Scotiabank fideicomisos at least in Guerrero is in Acapulco.

If you care, you can email me at my address and I will give you her name and phone #.