vick Posted March 13 Report Share Posted March 13 I heard Activer bank is offering 10% interest on 10.000 dollars and more.....is this true? Also, I currently have money in Wells Fargo but want to move my money to a Mexican bank where I can earn interest. Can one write Actinver a check? Thank you. Quote Link to comment Share on other sites More sharing options...
bmh Posted March 14 Report Share Posted March 14 I was just reading something similar at Santander Quote Link to comment Share on other sites More sharing options...
ibarra Posted March 14 Report Share Posted March 14 Why don't you call, email or go to Actinver and ask them. 1 Quote Link to comment Share on other sites More sharing options...
daisy2013 Posted March 15 Report Share Posted March 15 This month 12% for 120 days at multiva Quote Link to comment Share on other sites More sharing options...
El Cartero Posted March 15 Report Share Posted March 15 Your tag says USD and the answer to that is no! I get no interest on USD but 10-12 on MXN. Quote Link to comment Share on other sites More sharing options...
traderspoc Posted March 16 Report Share Posted March 16 7 hours ago, daisy2013 said: This month 12% for 120 days at multiva Multiva better larger bank Quote Link to comment Share on other sites More sharing options...
timjwilson Posted March 17 Report Share Posted March 17 Multiva - Total Assets 121,292.81 Trading at 8.39 https://www.reuters.com/markets/companies/GFMULTIO.MX/financials/balance-sheet-annual Actinver Total Assets 102,755.25 Trading at 12.69 https://www.reuters.com/markets/companies/ACTINVRB.MX/financials/balance-sheet-annual Quote Link to comment Share on other sites More sharing options...
mexijims1 Posted March 23 Report Share Posted March 23 Not sure about Mulitva's 12.05 rate for 120 day note. I am seeing it listed as a 360 day note for that rate. Either way, I have several personal horror stories about Actinver and endorse Mulitva as a more respectable institution to do business with. 1 2 Quote Link to comment Share on other sites More sharing options...
traderspoc Posted March 23 Report Share Posted March 23 On 3/17/2023 at 4:52 AM, timjwilson said: Multiva - Total Assets 121,292.81 Trading at 8.39 https://www.reuters.com/markets/companies/GFMULTIO.MX/financials/balance-sheet-annual Actinver Total Assets 102,755.25 Trading at 12.69 https://www.reuters.com/markets/companies/ACTINVRB.MX/financials/balance-sheet-annual yes Multiva is on of the biggest banks lakeside, and one ofthe biggist bank in mexico regarding size of assets. safe bank to bank with, about 3.108.000 miilion pesos ( corrected and updated) covered under IPAB ( Mexico deposit insurance) thats about $132,000 US using March currency rate at 18 ish the other bigger banks are HSBC, BBAV Bancomer, and Santander, Banamax. Scotia bank, Banorte any other bank not listed is small. Quote Link to comment Share on other sites More sharing options...
timjwilson Posted March 23 Report Share Posted March 23 IPAB current rate; 400,000 UDI x 7.7672 = 3,106,880.00 MXN As far as I know all the local banks have this coverage but they also have the riskier higher paying investments which are not covered. A good question to ask. Quote Link to comment Share on other sites More sharing options...
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