Is it better to exchange CAD to pesos before Mexico or just take money out from ATM there?

ATM there

I have never tried using atm in mexico but i have from other countries. the charges are crazy. So I would bring cash or exchange it at the bank rather than using ATM.

When I was in Mexico City five months ago, the exchange rate at the airport was better than here in Canada.

I bank with HSBC as they have bank machines in Mexico

I'm with Scotia bank

http://www.scotiabank.com/ca/en/0,,8093,00.html

Thanks

ATM , try not to get stuck with leftover pesos

We had a friend whose ATM card did not come back out of the machine after using it. Just have a Plan B.

We do both. It’s nice to have some on hand when you arrive for cab fare or what not.

Take pesos

Thanks for all the tips! Appreciated

You can use USD as well.

I go to calforex in Chinook or downtown location and exchange money. I wouldn't use US$$ as exchange rate is poor. Pesos are accepted everywhere.

Def atm there

I found the exchange rate to be better at a Mexican bank atm rather than an atm in a resort! Airport exchange in Mexico was also better than some exchange rates here !

Take enough pesos to get you started then use the ATMs.

Dude do NOT take money out of the atm!!! There’s like an 80 dollar charge each time!!!

Samrat Kooner
Mexico City int airport offers way better exchange rate than any Canadian bank! Cancun, I'm not sure.

Pesos enough for bus, tour stuff on side roads, shops. Many Mexican restaurants take credit cards.
I'd say take 60$ Can in pesos...atm for more.
Really depends on how much you eat at the all inclusive hotel.

I don't stay at all inclusive

Thanks all! Think I'm going to take some with me and ATM the rest! I don't stay at resorts so pay for meals and drinks daily
. Anyone know about how much is reasonable per day? Staying in cozumel and Isla Mujeres

$50/day per person would be lots

Go to Scotiabank with your passport.

I do both a few hundred from money exchange before I leave & access atm's there as needed.

We exchange some before we go, so that we have some pesos. It is easy to get money out of ATM's. Go to a bank like Scotiabank or Baconomer, etc. though, instead of a small ATM somewhere. It is cheaper and way more secure. You don't need to go into the branch, just the ATM at the bank

Take American $ and change it at resort

Consider getting a tangerine debit card - this is what it offers “And, if you love to travel, Scotiabank's membership in the Global ATM Alliance also means you'll pay no surcharges or access fees when you withdraw cash from over 50,000 cash machines in over 40 countries worldwide. Surcharges and/or convenience fees will be applied on ABM withdrawals made at non-participating financial institutions. “. Best exchange rates too

Just take Can$, no need to convert to US$ and then to Mex pesos. You will be paying an exchange rate premium twice. Mexican banks can exchange Can$ just as easily as US$. If you are a Scotiabank or tangerine customer, take your client card and use it at the Scotiabank ATM, and you will pay no transaction fees other than the exchange rate. Check before you go to see if there is a Scotiabank ATM near where you are staying.

Go to calforex in Chinook Mall to buy your pesos. Their rates are usually better than the banks here. the ATM's in Mexico give you the daily rate for pesos as well. Don't take Canadian as no one takes or wants it there.