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

by Padrino ⌂ @, San Diego/Rosarito, Friday, September 30, 2022, 21:09 (356 days ago) @ Padrino

UPDATE: Received my first monthly statement from Schwab. A couple of weeks ago, I was charged US$5.90 dollars for withdrawing MXN$100 pesos. (I thought I was withdrawing a US$100 dollars worth of pesos.) On the statement, I was credited US$0.87 dollars for the MXN$17.40 pesos ATM fee from INBURSA. So the charge was actually only US$5.03 for MXN$100 pesos. That is 19.8807 pesos to the dollar. That is a tad better than Wise, Xoom, and the Casas de Cambio. These were in the 19.55 to 19.65 range. Cool! I think I have found the best way to withdraw pesos when in Mexico. (I ain't giving up my BBVA account, though. No matter where you go in Mexico, there is a BBVA ATM machine.)

Thanks, Schwab! And many thanks to you folks here on Rob's forum!


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