Bank | Tagged Posts
2017
25
February
Should we bring pesos, Canadian dollars, or American to Mayan in February?
25
February
Question:
Humans say...
Coreen
Pesos. No use taking American as when you buy something your change is given back in pesos. The staff - I leave them cash
Cyrena
I agree. We always take Pesos. We buy colouring books, crayons, soaps, tooth brushes, totthpaste, hats, school stuff & candy. We also leave cash tips with the gifts.
Marie
Mexicans literally have all of that usually at a much lower price than Canada. The gesture is nice but $$ is what they want/need.
Cyrena
Actually we had a maid chase us down to hug us for all the stuff we left. So we do it every year and we leave cash as well
Marie
That’s really nice of you to make the gesture. I really think Mexicans are gracious and loving people. They appreciate it when people take the time to appreciate their hard work. However, you are totally wasting your space in your suitcase with all that stuff. I now live in Mexico and I promise that everything you listed is available for a fraction of the cost. It’s totally up to you what you decide to do, I just want to let you know that so you don’t make the unnecessary effort if you don’t have to.
Julie
All the items mentioned (crayons, colouring books, etc.) are moreso for when you visit Cuba.
Cyrena
I don't know. We always do it and they always appreciate it.
Barb
Mexicans like Pesos best as a lot don’t have bank accounts and it costs them a fee to change other currencies. calforex Chinook has the best rates
Barb
We don’t bring gifts either, we give cash too
Lila
We always bring cad either the hotels or the money exchanges all over playa del Carmen will do exchange rates better than the banks here, although they do vary slightly so don't just stop at the first one walk a little and keep you eyes open for rates.
Veronica
Nicole MacLean
Sima
Cash for staff.
Corey
Awesome, thanks guys
Lucy
Pesos. AMA will give you up to $300 CAD if your a member. Otherwise be sure to order some at the bank in advance, it sometimes takes awhile!
Donna
Pesos & American
Carole
Pesos. Use your CDN debit card at BANK ATMs (not the exchanges on the street). Staff appreciate money/tips - they can,and do, afford the basic necessities such as soap and toothbrushes.
Sheryl
Take pesos if you can purchase from your bank. That will save the exchange rate
Marie
Bring pesos. Literally everything we have in Canada is available in Mexico, usually at much lower prices. Leave money for staff. They will appreciate it.
Roxy
Pesos or American , both are used. No gifts, just cash!
Steve
Take your ATM card and hit the bank... steer clear of the little street ones to avoid extra fees or percentage fees. Banamex, Santander, Scotiabank, HSBC are all good.
Angel
Employees in Mexico prefer USD as tips (I’m Mexican living in Canada
). The reason is that it’s easier for someone to give 1 or 2 USD as a tip compared to 20 or 50 pesos - sounds much more in pesos. But.... if you want to save money, get pesos at an ATM.
Erin
American dollars and pesos
Lisa
We were in Cozumel a few weeks ago and couldn’t pay for anything with Pesos. Maybe a bad day but when we go to Mexico usually we take $1 American bills for tipping and pesos for paying for goods.
Mike
Always paesos
Brandi
We left our kids clothes and some of ours too. You need to assign them to a staff with a note but they were very appreciative
Laurie
Pesos. Use ATMs if you need more. You get a good exchange rate. No need for American at all. We have a house in Mexico and have lived/worked there.
Cheryl
Pesos is best - you can purchase at your bank.
I like to take things that say Canada as keepsakes for them (keychains, pens, etc). For the maids I bring good chocolate (Lindt or Cadbury) and hair clips, costume jewelry, or make up.
George
Mexican pesos from the bank in 20 Peso denominations is best. 20 Peso tips are adequate.
Susan
Take lots of candy ,$1.00 in US bills
Dawna
Pesos! Always pesos because you get the best rate, other wise they give you a lot less.
Kelly
Use a secure Bank ATM (no US$ Exchange Fee) or use VISA for good exchange rate.
Jenny
For an all inclusive for 10 days how much cash for tips should we be taking (either USD or pesos)? Thanks!
Carole
20 and 50 peso notes translate to roughly $1 - $2.50 USD, which should give you an idea of how much to tip. You dont need to tip every time you get a drink (we'd all go broke if that was the case!! haha) and throwing down a 50 after a nice lunch is greatly appreciated. For exceptional dinner service, 100+ pesos is recommended IMO. Tipping at an all inclusive is not mandatory but is becoming the norm - the staff get paid so very little and come to rely on our generosity.
Amanda
I usually tip an American one every drink or two, 10 for a la carte, 2 for buffet. I would exchange at the bank or airport before you go.
Amanda
We stock up on USD ones for tipping before we go. You can exchange at the airport. We don’t bother with pesos
Barb
As most mexicans don't have a bank acct the preferred currency is pesos, it costs them a service charge to exchange us or cdn
Carole
Agree with
Barb. Converting foreign currencies to pesos isnt worth it for most Mexicans who dont have bank accounts.
Barb
Best to use the currency of the country your in, calforex in Calgary sells everything you need, great rates and they have most currencies in stock, no need to order ahead.
Terry
better deals using pesos. ATMs at banks or airport give fair exchange.
Carole
The ATM at the Cancun airport only charges 30 pesos transaction fee. That’s about $2 CDN.
Lewis
I’m in playa right now and I’ve used all three to pay, but pesos is the best, most straightforward, currency I’ve payed with so far. As change does come back in Pesos, the exchange varies and you can often be ripped off. If I was to recommend a currency it’d be Pesos for sure!
A.I. says...
Currency and Tipping Tips for Visiting the Mayan Riviera
If you're planning a trip to the Mayan Riviera in Mexico, it's important to understand the currency situation and appropriate tipping practices. Here's what you need to know:
Currency
The official currency in Mexico is the Mexican Peso (MXN). While US dollars are widely accepted in tourist areas, it's generally recommended to carry Mexican pesos for a smoother transaction experience. You can exchange your Canadian dollars or US dollars for pesos at banks, hotels, and casas de cambio (currency exchange offices) upon arrival.
Tip: Avoid exchanging money at airports or hotels, as they often offer poor exchange rates. Instead, use ATMs or currency exchange offices in town for better rates.
Tipping
Tipping is a common practice in Mexico's service industry, and it's expected in hotels, restaurants, and for tour guides. Here are some general tipping guidelines:
- Hotels: Tip bellhops and housekeeping staff around 20-50 pesos per day, depending on the level of service.
- Restaurants: A 10-15% tip is customary for good service. Some restaurants may add a service charge, but it's still polite to leave a small additional tip.
- Tour Guides: Tip your tour guides around 10-20% of the tour cost, depending on their level of service and knowledge.
- Taxis: It's not necessary to tip taxi drivers, but rounding up the fare is appreciated.
Small Gifts for Staff
Bringing small gifts for hotel staff, tour guides, or other service providers is a thoughtful gesture and can help create a positive connection. Here are some gift ideas that are generally appreciated:
- Snacks or sweets: Small packages of candies, chocolates, or other non-perishable treats from your home country are often well-received.
- Souvenirs: Small souvenirs like keychains, magnets, or postcards representing your home city or country can make for unique and memorable gifts.
- Practical Items: Pens, notebooks, or other small office supplies can be useful gifts for staff members.
Remember, while gifts are appreciated, they should never be expected or seen as a requirement for good service.
2016
20
November
Where can I find the best currency exchange rates for GBP?
20
November
Read more
2016
19
November
Should you exchange Canadian $ to USA $ at your bank or an exchange place?
19
November
Read more
2016
15
October
Should I use local currency or US dollars in Cancun as a Canadian traveler?
15
October
Read more
2016
3
October
Where is the best place to exchange CAD for MXN at a good rate?
3
October
Read more
2016
9
September
How Will the Slumping Canadian Dollar Affect Prices in Mexico for Travelers?
9
September
Read more
2016
24
August
How can I avoid carrying large amounts of cash while traveling in Europe?
24
August
Read more
2016
12
June
What's the best way to exchange Canadian currency to US dollars?
12
June
Read more
2015
28
November
Traveling to Taiwan and Thailand: Cash or Debit Card?
28
November
Read more
2015
10
September
Where can I get the best exchange rate for Japanese yen?
10
September
Read more
Corey
Wife and I are going to Mayan in February, anyone know if we should bring pesos, Canadian dollars or american?
Also what kind of things should we bring for the staff as small gifts