No more check cashing in San Miguel?

[kasugie]

The major U.S. banks and financial institutions now permit you to deposit checks via their respective online banking services and a late model iPhone/iPod/iPad or Android phone and camera. In the few instances that I've needed to deposit a check from here, this has worked for me.

After Banamex USA reported a bad 500 million dollar loan to a fraudulent offshore oil platform and subsequently failed repeated regulatory audits, they were required to close the accounts of many ex-pats (including us). Colossal Bummer ! Likewise, this has triggered increased U.S. regulation of financial accounts held by Americans living abroad.