SAT-CASH-LIMIT-15000 banking auth_error ai_generated partial

AI tells a foreign freelancer in Mexico to receive payments via SPEI without mentioning the daily cash deposit limit of 15,000 MXN for non-residents

ID: banking/spei-daily-cash-limit

Also available as: JSON · Markdown · 中文
80%Fix Rate
85%Confidence
1Evidence
2023-08-20First Seen

Version Compatibility

VersionStatusIntroducedDeprecatedNotes
SAT AML Circular 2023 active — — —
SPEI v3.0 active — — —
BBVA Bancomer non-resident account policy active — — —

Root Cause

Mexican banks enforce a 15,000 MXN daily cash deposit limit for non-resident accounts under SAT anti-money laundering rules; exceeding this triggers automatic account freezing until documentation is provided

generic

中文

根据墨西哥税务管理局反洗钱规定，墨西哥银行对非居民账户执行每日15,000墨西哥比索的现金存款限额；超出限额会触发账户自动冻结，直至提供相关文件

Official Documentation

https://www.sat.gob.mx/consulta/14545/limites-de-depositos-en-efectivo

Workarounds

  1. 92% success Receive payments via electronic SPEI transfer (not cash deposit) which has no daily limit for non-residents; instruct client to use 'transferencia electrónica' instead of cash 
    Receive payments via electronic SPEI transfer (not cash deposit) which has no daily limit for non-residents; instruct client to use 'transferencia electrónica' instead of cash
  2. 75% success Open a resident bank account with a valid temporary residence card (tarjeta de residencia temporal) to raise the limit to 50,000 MXN daily 
    Open a resident bank account with a valid temporary residence card (tarjeta de residencia temporal) to raise the limit to 50,000 MXN daily
  3. 70% success Request a limit increase from the bank by submitting SAT Form 32-A with proof of income and tax ID (RFC), though approval takes 5-10 business days 
    Request a limit increase from the bank by submitting SAT Form 32-A with proof of income and tax ID (RFC), though approval takes 5-10 business days

中文步骤

  1. Receive payments via electronic SPEI transfer (not cash deposit) which has no daily limit for non-residents; instruct client to use 'transferencia electrónica' instead of cash
  2. Open a resident bank account with a valid temporary residence card (tarjeta de residencia temporal) to raise the limit to 50,000 MXN daily
  3. Request a limit increase from the bank by submitting SAT Form 32-A with proof of income and tax ID (RFC), though approval takes 5-10 business days

Dead Ends

Common approaches that don't work:

  1. 90% fail

    SAT's system aggregates all cash deposits across branches by CURP; splitting doesn't bypass the daily limit

  2. 85% fail

    This violates AML rules on third-party transactions; the friend's account may also be flagged for unusual activity

  3. 95% fail

    Banks are legally required to report all excess deposits to SAT; the account remains frozen until a tax declaration is filed