We receive a monthly payment from the US via direct deposit to Banamex and it isnt taxed, not immediately on arrival in any case. It's not a huge amount so maybe there is a cut off limit.
Steve, who (I mean eg. a money transfer business, a bank, etc - not a person) are you referring to that does a direct-deposit wire-transfer of funds into a Banamex account? (I'm in Canada so it may be different than the U.S.) I'm looking for a wire-transfer option that's less expensive than a wire transfer from one of the big Canadian banks.
This comes from Google. I'm not sure on the mechanism they use to do it, all I know is that they do. I have previously heard people recommend Monex but I've no personal experience. MONEX Grupo Financiero
