Banking
Mexico — Banking: Best Banks
BBVA, Banorte, Santander, and Citibanamex are the most expat-preferred Mexican banks. BBVA is the largest, with ~1,700 branches and 14,500 ATMs, a strong mobile app, and nonresident-friendly deposit/credit-card options, though in-person account opening often means long branch waits. Banorte, a large Mexican-owned bank (1,100+ branches, 10,000+ ATMs), offers economical foreigner-friendly accounts — its Personal Link account has no monthly fee, initial deposit, or minimum balance requirement. Santander (1,350+ branches, 10,000+ ATMs) is a familiar brand for expats from Europe, South America, or the US, and offers a premium 'Santander Select' tier for high-net-worth and corporate clients. HSBC México is also notable for its English-language service and ease of integration with US/Canadian HSBC accounts.
Key facts
- BBVA: largest network (1,700 branches, 14,500 ATMs), strong app, popular but often long in-person waits.
- Banorte: 1,100+ branches, Personal Link account has no monthly fee/deposit/balance requirement.
- Santander: 1,350+ branches, familiar to European/US/South American expats, 'Santander Select' premium tier.
- HSBC México: strong English-language service, integrates well with US/Canadian HSBC accounts.