fideicomiso Scotia bank

Yes, $490.00 usd. I first bought in Z in 2006 and that charge was $498.57. Scotia bank would send a snail bill every year to my US address and I never paid an IVA tax charge. I paid Scotia bank with a USA check that was a sent to a border town in Texas. In 2018 I bought another condo and opened another bank trust with Scotia bank because the condo was previously owned by a Mexican so a fideicomiso was not in place with that condo. I paid two years in advance at closing but never received my bank trust number. Then CV 19 came along in 2020 and Scotia bank was very hard to get a hold of.
Flash forward to 2024 and finally I got a hold of Amarantha Flores and now I see IVA charges. Yikes. I understand taxes but because I was never charged IVA for 15 yrs on my first condo, I am questioning why now? New laws, a mistake? Amarantha Flores just replied..IVA charges. I appreciate all and any input.

$400 US, then add the 16% IVA + $464 US.

Thank you for the information. I appreciate you sharing your experience. Now I have to figure out how to get this IVA charge removed from my fideicomiso acct. from Scotia bank. I really get discouraged when prices are a moving target.

You have an email BTW..... we should discus more by email.

I would approach it by saying that I am not willing to change my contract terms.

Any changes in terms to my contract would need to be proven.

Remember, the person that leads that office is not only a bank employee but an attorney too.

... However, the exchange rate was lousy on what they converted the USD payment to.

Do they have accept Mexican pesos "en efectivo" (in cash)?

No, they consider the fee and payment to be in American money>>>>But they conveniently stopped taking American cash at Scotia bank here about two years ago.

So, they take the USD amount and apply the "buy" rate for USD to it. That was 19.10 yesterday. So 19.10 X $499usd