From this Wednesday, March 1, banks as well as credit institutions in Mexico will allow the use of passports and consular numbers as identification for financial transactions.
The Ministry of Foreign Affairs (SRE) and the Bank of Mexico (Banxico) signed an agreement last January to receive this benefit.
“As soon as the user approaches the window of his bank and identifies himself with his passport or consular registration, the banking institution, through a computer system, will request the Ministry of Foreign Affairs to check the information and biometric data of the user in their databases.
The Ministry of Foreign Affairs (SRE) has clarified that, in accordance with the General Data Protection Act held by obligated subjects, verification of information will be carried out in a completely secure manner and no biographical or biometric data will be transmitted. .
The parallel database will also not be created.assured the agency.
The Mexican authorities have assured that the use of consular registration and passport will basically allow people living abroad to carry out their banking operations without disruption.
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
