Intercam Intercuenta Express
A Bank Dollar Deposit Account, non-interest paying
Benefits:
- No minimum balance required
- No fees or commissions
- Guaranteed by the Institute for the Protection of Bank Savings (IPAB) for up to four hundred thousand investment units (UDIs)
Target market:
- Individuals with business activity in border zones
Means of deposit:
- Wire transfers and checks at bank branches
- Dollar transfers between accounts at the same bank
- Transfers from other banks (corporations only)
Account opening requirements:
- Official ID
- Proof of address
- Mexican taxpayers’ ID number and Population Registry Number (when applicable)