Putting money in a mexican bank

[mexicoruss]

How much money are we talking about? I feel very comfortable with my bank accounts here (in Mexico) and I have been bringing dollars down for a while as I don't want my money stolen by the gvnmt in the states as well.

 

[Roberto]

Mex. Govt. stops banks from charging fees. I noted the reference to 'commercial banks' but am not sure what that means.

http://www.bloomberg.com/apps/news?pid=20601086&sid=an96JAtgx78g

 

[La Huerita]

Re: Commercial banks. From Wikipedia: "A commercial bank is a type of financial intermediary and a type of bank. Commercial banking is also known as business banking. It is a bank that provides checking accounts, savings accounts, and money market accounts and that accepts time deposits.[1] After the Great Depression, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S. law, some use the term "commercial bank" to refer to a bank or a division of a bank primarily dealing with deposits and loans from corporations or large businesses. In some other jurisdictions, the strict separation of investment and commercial banking never applied. Commercial banking may also be seen as distinct from retail banking, which involves the provision of financial services direct to consumers. Many banks offer both commercial and retail banking services."

Not sure I get the distinction between Commercial and Retail banking, though.