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New Mexico State University

Banking Advice
Students should arrive with sufficient funds to cover charges not included in their exchange benefits. Traveler’s checks are convenient and are accepted almost everywhere. Major credit cards may also be used most places. Most students set up checking or savings accounts in a local bank. The Office will help you to set up an account. Automatic Teller Machines (ATMs), which have Pulse, Plus, Visa, Master Card, Cirrus, Express Cash and Discover, are located in the Corbett Center student union. If you open an account with a local bank, you can use their ATM's with no fees. You will always be asked for your identification when cashing a check of any kind. When you first arrive, you can use a passport for identification. You may also use your student I.D. card for identification. If you have a bank account, you may cash a check you brought with you at that bank. Checks from other countries that are not drawn on a U.S. bank can take a week or so to clear, and may be assessed a service fee. It is wiser to bring your funds in U.S. dollar traveler’s checks. NOTE: YOU NEED $100 US DOLLARS TO OPEN A BANK ACCOUNT.

 

Last Updated: Friday, 15-Aug-2008 17:09:14 MDT