How to Open a Bank Account in Mexico

How to Open a Bank Account in Mexico

Opening a bank account is generally straightforward with the right documents, depending on the visa. Ask the bank in advance what documents are required. Generally, the following is needed:
  1. Passport
  2. Residency card (or tourist card/FMM)
  3. Proof of address in Mexico such as a utility bill less than three months old.
  4. A Mexican tax ID or a foreign tax ID (EIN, ITIN) or Social Security number
  5. An email and a mobile phone number
If renting, the utility bills will not have one's name on them oftentimes, therefore take the rental agreement.