From the "Teach an old dog new tricks" Department, Gracias!

by mexicoman @, Playa Del Carmen, Tuesday, September 20, 2022, 10:20 (379 days ago) @ Little Guy

I’m curious how you manage a major construction project using cash. I’m in the process of having a carriage house built. The building materials such as cement, rebar, etc. must be purchased with “traceable” electronic funds transfers.

It seems that Mexico is cracking down on the laundering of illicitly acquired money.

With a Mexican bank account those transfers are quick, easy and verifiable. The money is in the other person's or business account in under 30 minutes from your phone.

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