Bank account

[tylerrjack2 0]

I plan to spend several months in Mexico and realized that it would be difficult without a local bank account: rent, utility bills, and sometimes even subscriptions are easier to pay with a national card. But I heard that it is not so easy for a foreigner to open an account there: some say you need a residence permit, while others opened an account with a tourist visa. Who has actually gone through this procedure? How strict are the banks when it comes to documents? And most importantly, does it make sense to open an account for a couple of months, or is it better to use international fintech apps?

[Alex Burgess 0]

I opened an account with BBVA in Mexico on a tourist visa. All I needed was my passport and a local phone number. But the cards came with restrictions, and I couldn't connect to all the online services right away. For a long stay, it's better to have residency.

[MaryMary 0]

I personally recently went through the process of opening an international account, and I will be honest that there is quite a lot of information on the internet, but almost none of it is structured. This page on how to open a bank account in Mexico clearly outlines the nuances. For example, you will learn what documents are required, how online verification works, and why some banks still ask for a video call. This will help you understand which countries actually allow you to open an account without visiting in person. I recommend reading it because it shares the experiences of people who have actually opened accounts, not just theorists.