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Currency
Exchange: Currency may only be
exchanged at authorised banks. The exchange rate of the Mexican
peso against Sterling and other hard currencies has, in recent
years, been subject to considerable fluctuation.
Credit
cards: American Express, Diners
Club, Visa and MasterCard are widely accepted. Check with
your credit card company for details of merchant acceptability
and other services which may be available. There is a government
tax of 6% on such transactions.
Travellers
Cheques: Travellers cheques or
letters of credit in US Dollars issued by well-known banks
or travel organisations are readily negotiable in banks and
hotels. Sterling travellers cheques are not readily negotiable
except at head offices of banks in the capital, and may be
subject to a considerable discount. To avoid additional exchange
rate charges, travellers are advised to take travellers cheques
in US Dollars.
Currency
restrictions: Local currency may
be imported up to the equivalent of US$10,000, larger amounts
to be declared; the import of foreign currency is unlimited,
provided declared. Foreign currency may be exported up to
the amount imported and declared; local currency may be exported
up to the equivalent of US$10,000. The export of gold coins
is prohibited.
Banking hours: 0900-1330
Monday to Friday; some banks are open Saturday afternoon.
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