That is not real banking. Would you move $100,000 USD thru Wise to Kapital? Kapital has no swift code and until it gets one, it will remain in the minor league.

Are you familiar with the expression horses for courses?

No racehorse has to be suitable for every race condition.

No financial method has to be suitable for every financial transaction. Some specialized methods are more suitable for one function.

Modifying your question, I wouldn’t transfer $100,000 USD from ScotiaBank in Zihuatanejo to Banorte a block away by withdrawing cash and walking it one block. But I routinely walk around Zihuatanejo with M$10,000 in cash to “transfer it” to shopkeeepers in the mercado and elsewhere.

Wise is not a bank, yet over the years I have transferred hundreds of thousands of dollars using it.

I don’t have an Intercam account. I don’t have an Kapital account. I doubt that I ever will. ScotiaBank and Banorte are sufficient for me. But I acknowledge that Kapital is an appropriate institution for some purposes.

That is not real banking. Would you move $100,000 USD thru Wise to Kapital? Kapital has no swift code and until it gets one, it will remain in the minor league.

I know your bitter on them, but for a bank who got the rug pulled out by Felon 47 they have come a long way. They still have the BEST English-speaking service available Bank wide compared to ANY other Mexican bank.
Now wire transfers have been solved, hopefully soon to be fully normal.
Get locked out of your Santander account while you're in the states and see how that goes.

That is not real banking. Would you move $100,000 USD thru Wise to Kapital? Kapital has no swift code and until it gets one, it will remain in the minor league.

$100k to Kapital so I can pay CFE and TelMex bills and incidentals online seems a wee bit excessive. But that's just me.

For those of you who just opened a new account at Kapital, what did you need to do so?

Personal checks are not accepted at this time. It sounds unlikely that that option will return.

I also learned that Banco Autofin/Kapital will be using Intercam's legacy processes for trust management.

Today I went back to get exact wire transfer info and Rosalba told me that Kapital bank will NEVER be able to accept a deposit using a US bank check OR a wire transfer from a US bank. She confirmed that the only way to deposit funds is to deposit cash. I did not ask about Canadian.

Wise accounts are working to transfer money to Kapital Bank. If you have a current Wise account, be sure to change it to your new Clabe issued by Kapital Bank.