💸 Finance Series (Part 1 of 3): How to Open a Bank Account

Opening a bank account in Mexico as a foreigner isn’t hard — but it can be frustrating if you’re not prepared.

Here’s what I learned 👇

🏦 What you’ll need (depends on the bank & city):

• Residency Card (temporary or permanent)
• Passport
• Proof of address (e.g., CFE bill)
• Some banks ask for your RFC (tax ID), but not all

🤔 Popular banks to consider:

• BBVA: Great mobile app, reliable
• Santander: Solid for expats
• Banorte: Mexican-owned, improving tech
• Wise or Revolut: For transfers (not Mexican banks, but super helpful)

🇺🇸 Tip: I still use my U.S. accounts for some expenses, especially anything online. Having both is ideal.

💡 Pro tip: Some banks make you pick up your debit card weeks later. Others give it to you same-day. Ask before opening.

🎁 Want step-by-step instructions? ✅ My FREE E-Guide on Living in Mexico walks you through it all ✔️ Includes links, expat tips & more 👉 www.intomexicowego.com

💬 What bank did you end up using in Mexico? Happy with it?

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