Currency
Conversion
Do I need to exchange my money before I get to
Rocky Point?
No, all businesses and merchants accept U.S. Dollars. However, you
will most likely not receive change in U.S. Dollars. Most businesses
do accept Visa and Master Card in Rocky Point. However, we do suggest
that you call your credit card company to advise them of your
intent to use your card during your visit to Mexico. Many card
companies will reject your card for security reasons to protect you
if the transaction occurs outside your home country.
Will the bank cash Travelers Checks?
Not at this time. Some merchants now accept them, however.
How do I know if I should pay in pesos or dollars?
In most cases, it is not worth the hassle of trying to gain a few
cents to determine which is better. You can pay in either pesos or
dollars. If you do want to determine what is the better rate, check
out our
currency converter below
to get an idea of what the current exchange rate is. Most merchants
use the current exchange rate, but a few still use the 10:1 ratio
(10 pesos to $1).
Can I draw money from a US bank
account with my credit card?
Yes, you may draw money from a US bank account with a credit card;
however, the Serfin Bank and ATM will give you Pesos, not Dollars.
IF you do decide to draw money from your US bank account, we advise
you to know the exchange rate well.
