These are the 2 points where you can withdraw money in Acapulco without commission

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Those affected by Hurricane Otis will be able to withdraw money without charging a commission (Jesus Espinosa / Xinhua News / ContactoPhoto)
Those affected by Hurricane Otis will be able to withdraw money without charging a commission (Jesus Espinosa / Xinhua News / ContactoPhoto)

It's been almost two weeks since the Hurricane Otis made landfall in the Great Coast of Guerrero with a category 5 on the Saffir-Simpson scale, a meteorological event that left a large part of the port of Acapulco and devastated surrounding areas, including businesses, hotels, houses and bankswhich is why the Bank of Mexico

(Banxico) highlighted that the so-called Ticket Planwhose purpose is that the affected citizens can have access to cash as a way to deal with the situation.

It should be noted that at the same time that the first images of Hurricane Otis were disseminated through social networks, the institution detailed what this plan consisted of, which, it is enough to mention, is being applied for the fourth time. To do this, members of the Association of Banks of Mexico (ABM) took on the task of offering a press conference through which they highlighted that the only objective was to be able to have places where those affected by natural phenomena can have options to have cash.

Damage in the port of Acapulco after the passage of Hurricane Otos (Jesus Espinosa / Xinhua News / ContactoPhoto)
Damage in the port of Acapulco after the passage of Hurricane Otos (Jesus Espinosa / Xinhua News / ContactoPhoto)

Under that toneJulio Carranza who serves as president of the AMB highlighted that Hurricane Otis also destroyed banking institutions and with this, it was impossible for the population to against with liquidity to address the problem.

“The bank provides point-of-sale terminals that work via satellite. "The Bank of Mexico sends the banknotes through Sedena, with Banjercito, to the affected area to guarantee that there is liquidity of banknotes in the affected area."

In this case, the Billetes Plan has both the support of the Secretary of Finance and Public Credit (SHCP) and of Banjércitoa financial institution that will allow those affected by Hurricane Otis to have cash and, regardless of the bank they belong to, no commission will be charged.

On the afternoon of this Monday, November 6, the Bank of Mexico reported that in order to continue with the Banknote Plan, which will allow citizens to withdraw cash from the ATMs placed by Banjército, there are only two locations at the moment.

  • Acapulco Branch: Scenic Avenue without number, Icacos Acapulco de Juárez neighborhood, Guerrero. CP 39860, 8/a RN Property
  • Pie de la Cuesta Branch: Fuerza Aerea Avenue without number, colony 27/a, Military Zone, Acapulco de Juárez, Guerrero, CP 39900

“You must present the card (debit or credit), identification and sign the receipt of the operation,” highlights Banxico.

Points to withdraw cash from special ATMs (X/ @Banxico)
Points to withdraw cash from special ATMs (X/ @Banxico)

Anyone who needs cash and cannot go to their bank's ATMs due to the devastation caused by Hurricane Otis can make the transaction at any of the two aforementioned locations and have cash available. The operations carried out through these special points of sale will not generate commission which is 17 to 25 pesos in other network points.

“If a commission is charged, the bank will refund it later,” the institution clarified.

Some financial institutions have announced support for those affected by Hurricane Otis by delaying the payment of existing loans, which have been deferred for up to six months. An event that is not unrelated since during the Covid-19 health crisis, clients were also granted such a deferral, although the respective interest payments were still made.

For now, it is unknown when the bank branches located in the port of Acapulco will operate normally since it is necessary to rebuild them.

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