Frijoles Posted December 5, 2016 Report Share Posted December 5, 2016 I'm thinking of selling my Mexican car and should get between 90,000 and 100,000 pesos for it. I don't want to keep that much money in a Mexican bank. Has anyone transferred a large amount of pesos from a Mexican bank to their Canadian bank account? Unfortunately my Canadian bank isn't affiliated with one in Mexico. I don't have a Mexican bank account yet. Any advice would be appreciated. Thanks in advance. Link to comment Share on other sites More sharing options...
Joyfull Posted December 5, 2016 Report Share Posted December 5, 2016 Buy a small safe at Costco, bolt it somewhere in your house then put the pesos in it. You won't have to go to an ATM for awhile. Cheaper to buy the safe than loose during an exchange to wire the money to Canada. Link to comment Share on other sites More sharing options...
RVGRINGO Posted December 5, 2016 Report Share Posted December 5, 2016 You might ask friends if they would like to buy pesos, at market rate, but without fees. You could accept their Canadian or US checks, or have them make direct online transfers to your bank in Canada. Otherwise; I am sure you can think of a safe place to stash the pesos in or near your home, using them for living expenses over the next few months. Link to comment Share on other sites More sharing options...
tomgates Posted December 6, 2016 Report Share Posted December 6, 2016 If you have a Mexican bank, you can set up an account at XE. Depost cash in the Mexican bank and ACH it to your Canadian bank. Be aware that some if not all banks limit cash deposits to $15,000p per month. Consider having the buyer wire the money to your Mexican bank or go deposit a personal check. Link to comment Share on other sites More sharing options...
Crazydog Posted December 8, 2016 Report Share Posted December 8, 2016 SWIFT transfer. Ask your Mexican bank and they should do it. It's international and they have an intermediary bank that can link to your Canadian bank. Note: when the money hits your bank in Canada they will probably give you a really bad exchange rate. Personally if I lived here I would keep the money in Mexico. Link to comment Share on other sites More sharing options...
mudgirl Posted December 9, 2016 Report Share Posted December 9, 2016 The OP said he didn't have a Mexican bank account. Always amazes me that people don't fully read what they respond to. Link to comment Share on other sites More sharing options...
Crazydog Posted December 9, 2016 Report Share Posted December 9, 2016 5 hours ago, mudgirl said: The OP said he didn't have a Mexican bank account. Always amazes me that people don't fully read what they respond to. Pasted from the OP "Has anyone transferred a large amount of pesos from a Mexican bank to their Canadian bank account?" Link to comment Share on other sites More sharing options...
tomgates Posted December 9, 2016 Report Share Posted December 9, 2016 And the OP said they were going to open a Mexican bank account. Don't get lost in the weeds... Link to comment Share on other sites More sharing options...
suegarn Posted December 11, 2016 Report Share Posted December 11, 2016 On 12/9/2016 at 1:08 AM, Crazydog said: Pasted from the OP "Has anyone transferred a large amount of pesos from a Mexican bank to their Canadian bank account?" Crazydog, you have to learn to read the WHOLE post.....here's a quote from the original post..... "I don't have a Mexican bank account yet." Link to comment Share on other sites More sharing options...
mudgirl Posted December 11, 2016 Report Share Posted December 11, 2016 And the OP asked about transferring from a Mexican bank (not from his Mexican Bank account, which he said he didn't have), which could mean walking into a bank with cash and asking for it to be transferred. Link to comment Share on other sites More sharing options...
Alfa Posted January 2, 2017 Report Share Posted January 2, 2017 If you are still trying to make the change, send me a PM and I may be able to buy your pesos and give you a Cdn cheque or transfer funds. Link to comment Share on other sites More sharing options...
Frijoles Posted January 2, 2017 Author Report Share Posted January 2, 2017 9 hours ago, Alfa said: If you are still trying to make the change, send me a PM and I may be able to buy your pesos and give you a Cdn cheque or transfer funds. I haven't put my car up for sale yet, but if and when I do I'll PM you. Thanks. Link to comment Share on other sites More sharing options...
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