Nowadays, the banks in Mexico are very safe, even though there is nothing like FDIC insurance in the US, whereby the government essentially backs up your account. It’s very different the banking system in Mexico in that Mexico is not a country of credit.

Top 4 Banks in Mexico by assets
Rank Bank Total assets, US$b (03/2019)
1 BBVA Bancomer 114.447
2 Banorte 82.010
3 CitiBanamex 75.307
4 Santander Mexico 67.079
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Permanent visa in Mexico

$9.00 A DAY Phnom Penh Cambodia STREET Food

EARLY Retirement Southeast Asia $685 A MONTH Cambodia

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