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1. What banks in Mexico handle Trust needs? The main banks handling Trusts are: Santander Serfin, Banorte, Banamex and BBV. 2. Can I have a dollar account in a Mexican bank? You can have an investment dollar account in a Mexican bank, but only corporations can have dollar checking accounts. 3. What are the interest rates? Interest rates vary depending on the banking Institution. Individual operators usually have the best rates. Rates in Mexico are usually higher than in the US and Canada, the peso is regarded as a weaker currency and therefore can have more volatility.
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