Mexico Bank Account Opening

This page compares 4 accounts available in Mexico, listing minimum deposit, monthly fee, how to apply and non-resident eligibility one by one: 2 can be opened fully online, 0 explicitly accept non-residents, 4 have no minimum deposit. Click any account for the full document checklist, pros and cons and common rejection reasons.

Data updated 2026-10-01 · compiled from published bank terms

Full comparison4 accounts

AccountRegionTypeMinimum depositMonthly feeHow to applyNon-residentsRating
Nu Mexico Mexico Digital Bank 无首存要求 免月费 Online Conditional ★ 4.1
BBVA México Mexico Traditional Bank 无首存要求 基础账户免月费 Must visit Conditional ★ 3.9
Nu Mexico Mexico Digital Bank 无最低存款要求 零管理费 Online Not for non-residents ★ 3.9
Banorte Mexico Traditional Bank 无首存要求 基础账户免月费 Must visit Conditional ★ 3.8

FAQ

Can non-residents open a bank account in Mexico?

None of the 4 accounts on this page is open to non-residents without conditions, but 3 accept foreigners who meet extra requirements (BBVA México, Banorte, Nu Mexico) — typically a valid visa or residence permit, and usually an in-branch visit. See each account page for details.

Do I have to visit Mexico in person to open an account?

Not necessarily. 2 of the 4 accounts can be opened fully online (Nu Mexico, Nu Mexico), with no branch visit; the remaining 2 still require a branch visit or an appointment. Online opening depends on whether your documents pass automated checks.

How much money do I need to open an account in Mexico?

Minimums vary widely — see the "Minimum deposit" column. 4 account(s) have no minimum deposit, so you need not fund on day one. Also watch the minimum balance and monthly fee; dormant accounts can incur charges.

How long does it take to open an account in Mexico?

It depends on the account: online accounts are usually approved within minutes to a few working days, while branch or manually reviewed accounts typically take 1 to 3 weeks. The "How to apply" column shows the channel for each account, and timings are on the individual pages.