Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

Chase Bank USD to MXN Travel Money Compared

USD-MXN Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your Chase Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.

 
 
 

Receiving an international wire transfer at Chase Bank

Chase Bank has several bank codes that may be used for receiving foreign wire transfers, depending on the currency and location of the sending bank. Here are some of the most common codes used for Chase Bank:

  1. SWIFT Code: CHASUS33: This code is used for receiving wire transfers in U.S. dollars from foreign banks.

  2. CHIPS UID: 0002: This code is used for receiving wire transfers in U.S. dollars from foreign banks that are members of the Clearing House Interbank Payments System (CHIPS).

  3. Fedwire ABA Routing Number: 021000021: This code is used for receiving wire transfers in U.S. dollars from banks located within the United States.

  4. ABA Routing Number for Wire Transfers: 021000021: This code is used for receiving wire transfers in U.S. dollars from banks located outside of the United States.

It's important to note that specific codes may vary depending on the currency and location of the sending bank, and it's recommended to confirm the correct codes with Chase Bank before initiating a wire transfer.

Chase credit card FX fees

Chase Bank offers several credit cards with different foreign transaction fees. Here are some examples:

  1. Chase Sapphire Preferred Card: This card charges no foreign transaction fees, making it a good option for travelers who frequently make purchases in foreign currencies.

  2. Chase Sapphire Reserve: Similar to the Sapphire Preferred Card, this card also does not charge foreign transaction fees.

  3. Chase Freedom Unlimited: This card charges a foreign transaction fee of 3% of each transaction in U.S. dollars.

  4. Chase Freedom Flex: Similar to the Freedom Unlimited, this card also charges a foreign transaction fee of 3% of each transaction in U.S. dollars.

  5. United Explorer Card: This card charges a foreign transaction fee of 0% to 3% of each transaction in U.S. dollars, depending on the currency used.

It's important to note that credit card terms and conditions can change, so it's always a good idea to check the current fees and policies before applying for or using a credit card for foreign transactions.

If you wish to save on exchange rates and foreign ATM fees then you should consider the Wise multi-currency card.

 
     
Mexico

Everyday Costs in in Mexico

How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.

Currency Guide for Mexico (ISO Code: MX)

For travelers planning a mid-range stay in Mexico, it’s advisable to budget around $500 to $700 USD for a one-week trip. This amount allows for a comfortable experience including dining, accommodation, and local transportation. In general, the country is quite affordable, offering good value compared to other major destinations. Here’s a snapshot of typical daily expenses you can expect while in Mexico (prices are in Mexican Pesos, MXN):

  • 🍽️ Meal at a local restaurant: 150-300 MXN
  • ☕ Coffee: 30-50 MXN
  • 🚍 Public transport fare: 10-15 MXN
  • 📶 Prepaid SIM card: 250-500 MXN
  • 🛏️ Budget hotel or Airbnb: 500-1000 MXN

Overall, Mexico can be classified as an affordable country to visit. When compared to the United States, expenses in Mexico can be roughly 30-50% lower, making it an attractive getaway. When contrasted with the UK, you’ll find that dining out and accommodations in Mexico provide significant savings, as UK prices can be substantially higher.

For Expats in Mexico

For expats living in Mexico, typical monthly living costs can range from 15,000 to 25,000 MXN, depending on lifestyle and location. Major expenses include rent, utilities, groceries, and transportation. Urban centers such as Mexico City might skew towards the higher end of that range, while smaller towns may offer more budget-friendly options.

When it comes to banking and handling financial transactions, it’s common to use functionality-rich banking apps alongside debit and credit cards. Visa and Mastercard are widely accepted, but it’s recommended to notify your bank of your travel plans to avoid potential holds on your cards. For sending and receiving money, online transfer services like Wise or OFX often provide better exchange rates and lower fees than traditional banks, making them an excellent choice for both expats and travelers. Exchanging money locally can sometimes result in higher fees, especially at airports or tourist hotspots, so it's typically better to plan ahead and utilize digital solutions for financial transactions.

 

Currency Forecasts related to USD/MXN

USD to MXN 2025 Forecasts

Read more

USD to EUR 2025 Forecasts

Read more

USD to JPY 2025 Forecasts

Read more

View a full list of exchange rates by selecting your Base (from) currency: