How to Find Mexican Bank Accounts Belonging to Deceased Relatives

There are over one million Americans living in Mexico and many more who have assets there such as property and/or bank accounts. Unfortunately, sometimes those people die and that creates a challenge for their heirs to locate all of their assets south of the border.

In the case of properties, that usually isn’t a problem because people share that information with their loved ones. “Hey, I have an awesome condo in Playa del Carmen. Come down and visit me sometime.”

But, the same thing can’t be said about banking information. You’ll probably never hear one of your relatives say, “Hey, I have an awesome checking account at Santander Bank, Account # 88392739201. Keep that in mind if I ever drop dead.”

That’s where this article comes in. I’m going to show you how to locate those accounts.

The Process

For the purposes of this article, I’m going to assume that you’re going to conduct the research yourself instead of hiring someone to do it for you.

The first step is to plan a trip to Mexico to visit a branch office of a government entity called La Comisión Nacional para la Protección y Defensa de los Usuarios de Servicios Financieros or CONDUSEF for short.

Once there, you’ll need to present the following documentation:

1) your passport or other official identification, and
2) a copy of the death certificate (no older than five years from the date of the request)

CONDUSEF will handle the rest. The process can take up to 60 days to complete and you can request to be notified by email. It really couldn’t be easier.

Let’s Wrap This Up

This article only deals with how to locate the bank accounts, not how to prove that you are the rightful beneficiary. If you’re not specifically listed as a beneficiary on the account, that part can get a bit complicated, especially if your claim is based on a foreign will.

So, if you do happen to stumble across a few Mexican bank accounts belonging to your deceased grandparents, I recommend hiring an attorney to help you claim your rightful inheritance.

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About the Author

Qroo Paul
Paul Kurtzweil (Q-Roo Paul) was a deputy sheriff in Florida for 25 years before retiring at the rank of lieutenant in 2015. He and his wife moved to Mexico looking to maximize their retirement income. They later started a blog called Two Expats Mexico ( to share their experiences as well as information about the logistical and legal aspects of retiring south of the border.

9 Comments on "How to Find Mexican Bank Accounts Belonging to Deceased Relatives"

  1. I have been thinking about this for some time. Great info to have. I am going to print it out and add it to our US/Mexican wills folder.

  2. Good points. I had a friend in the US whose father died, left a condo, vehicle and bank account. She was able to sell both the condo and vehicle but said she could not recover the bank account which was worth $10,000 usd. She said the bank told her any account without activity for more then 6 months can be confiscated by the government. She hired a lawyer too. She sent me all of her legal Info so I could learn. When I opened my Mexican bank account, I asked about this and the banker said that was a country wide policy. I make sure to have activity in that time period and I don’t keep a lot of money in it.

  3. to me, the best solution is to have a joint with some one you trust and one dies, the other can retrieve the full amount of money and close the account. A friend of mine died few years ago and she had her sister as a co-owner of the account we went to the bank with the full identity and all was done very quickly and no problem

    • That’s a good solution. The only problem might be if they both die in a single event like a car accident.

  4. Another blog may be what are the burial options in Mexico assuming not going back to the US. Do they do cremation here? I’m not getting any younger.

    • That’s actually on my list of possible future topics. And yes, they do have cremation here.

  5. We were reccomended to have a Mexican will to take care this issue. However one must ensure that there is no wording in the will that says that all other wills are null and void. That will create a huge problem. The fedeicomiso is not a problem as there usually is a benifiary connected to it.

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