Definition
Financial organizations that allow Mexican immigrants to maintain checking and/or savings accounts while they are working to obtain lawful permanent resident status (their Green Card). Applicants must generally present a Matricula Consular Card, one additional form of identification, and an individual taxpayer identification number (ITIN) which is available to certain resident and nonresident aliens who cannot obtain a Social Security number. Some institutions have accounts which allow an individual in the U.S. to deposit money by telephone, ATM or online transfer and enable family members or others in Mexico to withdraw funds in pesos using a debit card issued by a participating local bank.
URL Name
TB-0700-2100-450
Third Level Code
TB-0700
Taxonomy Code
TB-0700.2100-450
Parent Code
TB-0700.2100
Family Code
T
Second Level Code
TB
Fifth Level Code
TB-0700-2100-450
Fourth Level Code
TB-0700-2100
Publication Status
Online