ATM fee survey

[laconstance]

The last time I withdrew money from Bancomer (October 27, $4,000 pesos) the fee was $19.50 plus IVA on the commission of 3.12, for a total of $22.62 pesos for the transaction. This was at the actual bank at the corner of Ju?rez and Juan Valle. Perhaps the fee has increased since then, or more likely the fees are higher at ATMs away from the bank itself; I have long thought that was the case, so always avoid them. My hometown bank in the USA does not charge any ATM fees, ever.

If I want to withdraw smaller amounts of money, I withdraw from my Banamex USA account, using the ATM at Banamex, or withdraw from my M?xican Banamex account. No fees at all, either. Using the Banamex USA ATM card, I can also withdraw fee-free from any Citibank ATM worldwide, and fee-free from thousands of other ATMs that have an arrangement with Citibank, including 7-11!

Serendipitously, I found that my experience echoed that of Kasugie in Banamex -- on Monday (a holiday after the long weekend), I withdrew $2,000 pesos, and got it all back in 50s, 100s, and a few 200s! Wow!