Can tourists open accounts?
Almost no Mexican bank will open an account for tourists on an FMM. You need a Temporary or Permanent Resident card.
Best banks
- Citibanamex — branches everywhere, English-speaking staff in tourist areas
- BBVA México — biggest bank in Mexico, good app
- Santander — accepts foreigners with residency
- Banorte — broadest branch network
Documents
Resident card, passport, proof of address (utility bill or rental contract), Mexican phone number, RFC tax ID.
Digital alternatives
If you don't qualify for a Mexican account, use Wise for multi-currency, Revolut for spending, and a US/UK debit card for ATM withdrawals.