Can I open a bank account in Mexico from the United States?
To open a Mexican bank account you will need valid identification such as your passport or driving license and a proof of address. Dollar denominated accounts are only available for citizens of the US and Canada or for corporations.
What is needed to open a Mexican bank account?
- Passport.
- Residency card (or tourist card/FMM)
- Proof of address in Mexico such as a utility bill less than three months old.
- A Mexican tax ID or a foreign tax ID/Social Security number.
- Proof of address from your home country (if you are a tourist)
- An email and a mobile phone number.
Can an American have a bank account in Mexico?
You can open a bank account in Mexico with either a temporary or permanent residency. There are several good banks in Mexico you can consider like Banorte, Monex, Citibanamex, Scotiabank, Citibank, HSBC, Santander.
What American banks have branches in Mexico?
- Bank of America in the U.S. is affiliated with Scotiabank in Mexico.
- HSBC in the U.S. is affiliated with HSBC Mexico.
- Santander, in the U.S., is affiliated with Santander Mexico.