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Exchange U.S. Dollars for Pesos


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I use ATM's. Bancomer has the lowest alien ATM fee, closely followed by HSBC.At about 33p for a $7000p withdrawal, that equals 6 basis points. Most of the exchange houses are more like 2 to 3%, or 200 to 300 basis points. 

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But, isn‘t the ATM fee the same, regardless of the amount withdrawn? If so, your comparison lacks validity, as once can withdraw 10-15,000 pesos for the same fee; fee, not rate.

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