Foreigners coming to Mexico for various reasons may wonder if they can open a bank account in Mexico or how they can open a bank account in Mexico even though they are foreigners, How to create an online bank account in Mexico as a foreigner?
How to create an online bank account in Mexico as a foreigner? – How do I open an account in Mexico if I am a foreigner?
Opening a bank account in Mexico for a foreigner is not as difficult as you might imagine, you just need to know what requirements, conditions and documents are needed.
Some foreigners think that it is difficult or impossible to open a bank account, especially if you are not a Mexican citizen. However, it is not possible to open a bank account if you are only temporarily in Mexico.
However, even if you do not have citizenship, you can open a bank account in Mexico if you are a resident of Mexico. If you are a foreigner with a temporary or permanent residence permit in Mexico, you can open a bank account.
What are the requirements and documents a foreigner must meet to open a bank account in Mexico?
Like any other Mexican citizen, foreigners who wish to open a bank account in Mexico must meet the requirements and conditions and provide certain proof, including identity and a temporary or permanent residence permit.
When applying to open a bank account, the following documents must be submitted
A valid passport
Proof of temporary or permanent residence
Proof of address (water, gas, electricity, etc.), not older than 3 months
Temporary or permanent Clave Única de Registro de Población de Aliens (CURP). Although not required by the Mexican government, banks may require you to present a CURP*.
What is a CURP*?
A Temporary or Permanent Unique Population Registration Code for Aliens (CURP) is an 18 digit alphanumeric code that foreigners and Mexicans must apply to the Instituto Nacional de Migración (National Migration Institute) for various procedures.
The usefulness of the CURP is that it creates a registry of foreigners living in Mexico, as well as Mexicans living in Mexico and outside of Mexico.
Is the CURP valid?
The duration of the CURP for foreign nationals ranges from 180 to 365 days.
How can I apply for a CURP?
In order to apply for and obtain a CURP, you must prove that you are a foreign national, that you are applying for a residence permit, and that you have permanent residency in Mexico.
I am a foreigner and I want to open a bank account in Mexico. How do I choose a bank?
Once you have met the conditions and requirements to open a bank account, you must choose a bank in Mexico. If you are not already a customer of that bank, you must meet the conditions and requirements imposed by that bank.
When you open a bank account, you can compare different banks as they may offer you additional services and benefits. Among the conditions that banks may impose are a minimum income and monthly purchase amounts, How do I open an account in Mexico if I am a foreigner?
click here to learn more about curp 👉 CURP
How to create an online bank account in Mexico as a foreigner?
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