You Are Here: Home » News » Important News about Changing Money

Important News about Changing Money

Important News about Changing Money

Royal Resorts would like to draw the attention of members and guests to the following:

On December 20, the Mexican Government amended the federal law it introduced in the summer of 2010 to regulate money changing, specifically with regard to US Dollars. The legislation is part of its campaign against organized crime and money laundering and affects banks, bureau de change, hotels and other businesses.

Royal Resorts would like to inform you of the changes so that you may take them into account during your upcoming vacation:

  • Mexican members and guests may change up to $300 US Dollars per day, per person during their stay or the month. The maximum amount they are permitted to change during their stay or the month is $1,500 US Dollars. A copy of their passport or credential to vote (IFE) must be provided.
  • Non-Mexican members and guests may change up to $1,500 US Dollars per person during their stay or the month. A copy of passport and immigration form, if applicable, must be provided.
  • In addition, any Member or guest can now pay up to $250 US Dollars in cash per transaction for meals and purchases at restaurants, stores, boutiques, supermarkets, etc. A copy of the corresponding official ID must be provided.
  • This measure only applies to dollar bills; it does not apply to travelers’ checks at this time.
  • We would also like to remind you that you may use your Visa or MasterCard credit card (no American Express), debit cards or traveler checks to pay your Club Bill on Friday in preparation for Saturday check out.

We will keep you informed of any additional changes. If you have any further questions, please do not hesitate to contact us.

This information is required in order to provide the service mentioned above.  Your privacy will be protected according to the guidelines of the Privacy Policy.

About The Author

Online Community Administrator

Hi! My name is Cristóbal Galindo and I am the Online Community Administrator for the Royal Resorts. I'm here to listen to you and make sure we do our best to meet your expectations and provide you with a satisfactory experience. Feel free to contact me anytime through our different channels and let me know how I can help you. jcgalindof@royalresorts.com

Number of Entries : 438

Comments (57)

  • Lloyd Rosenkranz

    Just to let people know that Capital One does not charge for money exchanges. Also inform the credit card company when you will be away ( dates and where ) and not to except purchases for gas or electronics which is the most widely used area for stolen cards.

  • jgreen

    Dear MBruner: Thank you for writing to Royal Resorts News. Yes, you may use Visa or MasterCard credit or debit cards (no American Express) to pay your club bill at the end of your stay. I hope that this helps, please let me know if I can assist you with anything else in the run up to your vacation.

  • mbruner

    I understand the rules regarding cash transactions have changed recently. I just need to clarify if debit cards (visa/mstercard) can be used to pay club bills at the end of our stay? The information on the website ie a little confusing so I need to make sure before we arrive May 7th.

    Thank you

  • jgreen

    Dear Brenda: Thank you for writing to Royal Resorts News. We appreciate your concerns, however we would like to remind you that the regulation applies to dollar bills only, it does not apply to traveler’s checks.
    You may pay up to $250 US Dollars in cash per transaction for meals and purchases at restaurants, stores and boutiques, etc. A copy of the corresponding official ID must be provided.
    Another option is to use the ATMs at local banks to withdraw money from your account in pesos or to use your debit or credit card for purchases.
    You may use Visa or MasterCard credit cards, debit cards or travelers checks to pay your Club Bill at the end of your Royal Resorts stay.
    I hope that this helps.

  • B Diane Landon

    Dear Brenda,
    I appreciate the Mexican government attempts to curtail money laundering. However, in the past I averaged $1000 a week at the resort and I stay 3 weeks or longer. To stay under the $1500 limit for my 3 week visit this year I will have to really really cut back on spending. I cannot purchase pesos locally so have to wait until I arrive to change money. In the end this hurts the tourist industry of Mexico.
    B Diane Landon

  • jgreen

    Dear Brenda: Thank you for writing to Royal Resorts News.
    In response to your question about The Royal Sands, the living room sofas were replaced in 2008 and 2009, pillow top mattresses were purchased in 2010 and a Wi-Fi connection was added in the villas and throughout the resort. New 37″ LCD TVs are being installed in the living rooms and kitchen appliances such as fridges, dishwashers, stoves and microwave ovens are gradually being replaced.
    You might like to take a look at our 360˚ tours of the villas and other areas at The Royal Sands, available on http://www.royalresorts.com Here is the link, use the menu on the left hand side of the page to select the tour you would like to take and wait for a few moments as the images upload. http://www.royalresorts.com/the-royal-sands-360-virtual-tour.asp
    I hope that this information helps and that you enjoy your online tour of the resort. We look forward to welcoming you to your home in paradise soon.

  • Brenda Cummings

    We have not been to the Royal Sands since 2003, has the decor in the villa been upgraded since then? How do we see the pictures.

    Thank you,
    Brenda Cummings

Leave a Comment

© Copyright 2012 Royal Resorts News

Scroll to top