Exposed ATM Scam In Mexico| Banking In Mexico| Watch This Save Money!

If you are visiting Mexico, moving to Mexico, or already living in Mexico, as soon as you arrive you will need Pesos. There are multiple ways to get Pesos but the best option is to use in the airport is the ATM machine provided that you know about the scam, called dynamic currency conversion, that happens at all ATM machines in Mexico and others around the world.

Today, we take a look into details of dynamic currency conversion so you know exactly what to do to avoid losing money. We show several examples of ATM withdrawals and compare the exchange rates from the Mexican bank, using dynamic currency conversion, the US bank, and Transferwise and Rappi.

To avoid getting losing money is as simple as making the right selection at the right time. Depending on the number of Pesos you are withdrawing it could save you real hard-earned cash. Living in Merida Mexico, I must make the correct selection every month for the best exchange rate. If you are planning to move to Mexico or retire to Mexico, make sure you get the best exchange rate possible when converting dollars to pesos, and watch this video to save money.

00:00:00 Intro
00:00:16 Jam Session Remix
00:00:28 Dynamic Currency Conversion
00:00:46 3 Ways To Get Pesos When Traveling To Mexico
00:02:00 Mexico Is A Cash-Based Society
00:02:49 Mexican Bank ATM Screens Explained
00:03:31 The Offer You Can't Refuse?
00:04:08 Banking On You Making The Wrong Assumption
00:04:17 Exchange Rate Breakdown
00:04:32 The Experiment
00:05:42 Transferwise World Pay Card Exchange Rate
00:06:11 Rappi Card Advantages and Disadvantages
00:06:44 US BANK Using Dynamic Currency Conversion

SUBSCRIBE: https://www.youtube.com/mexitplans
https://wise.com/invite/i/monter

Creating Your MexitPlan Course:
https://mexitplans.thinkific.com/courses/moving-to-mexico

#ATMScam #livingInMexico #BestExchangeRate

Видео Exposed ATM Scam In Mexico| Banking In Mexico| Watch This Save Money! канала MexitPlans