Losing Your Money in Mexico

LOSING ALL YOUR MONEY IN MEXICO

LOSING ALL YOUR MONEY

If you lose all your money these are the options open to you:

You can have money wired to you.

You can have money wired to you.

Have someone put money in your bank for you to access with your bankcard [if you have one].

Borrow it from someone.

If you have lost your bankcard and you do not have a credit card then you will have to have money wired to you. This means you will need your passport, to collect it.

If you have lost your passport then you are in trouble. There are no embassies in the Yucatan Peninsula. There are however consulates for some countries in Cancun.

There are embassies for Canada, the U.S., Germany and many other countries in Mexico City. This is however no help to you if you are in somewhere in the Yucatan.

You can have somebody fax you copies of your passport; plane-ticket etc., if you have been diligent enough to have made copies. Financial institutions will NOT accept faxed documentation or photocopies as credible, nor will they accept anything but a valid passport.

Some hotels will not accept credit cards and some hotels that do accept credit cards will not accept it unless the cardholder has a passport.

SOLUTIONS: If you are stranded and have lost all your identification and money you can phone someone back home collect and ask them to immediately go to a travel agent [your travel agent if you have one] and ask them to book a room for you. You MUST book a room at a hotel that has a restaurant so you can put all your meals on a tab. Also you have to think about your airport transfer so you should also choose a hotel that offers this as well.

You can also contact your embassy/consulate.

What they can do for you?

Your embassy/consulate can replace your passport, but only if you can produce some form of identification. A driver’s license alone is not good enough because it doesn’t prove you are a citizen. You must have someone fax the embassy/consulate your travel documents including copies of your passport.

The embassy/consulate won’t give you money or a place to stay, but they will allow you to receive money through a bank account the embassy can set up through the Overseas Citizens Service.

The embassy/consulate won’t give you money or a place to stay, but they will allow you to receive money through a bank account the embassy can set up through the Overseas Citizens Service.

REPATRIATION

You can ask your embassy to repatriate you. This means they buy an airline ticket, fly you home, confiscate your passport. You will then have to pay your loan back [the airfare] and you will not have your passport returned to you until you do. Not all embassies will do this, check with your government.