Taxes in Mexico
Guide · Step 1 of 1 · Mexico

How do you track balances for FBAR for a Mexico move?

This is step 1 of 1 in open a Wise (or Revolut) multi-currency account, part of the Mexico tax and money work. The order comes from the verified sequence for this task, so start here before the steps that follow it.

Step
1 of 1
Open a Wise (or Revolut) multi-currency account
Typical process time
1-2 weeks for funded verification
Full open a Wise (or Revolut) multi-currency account
Official link
bsaefiling.fincen.treas.gov
Where this step happens
Section 01 · What to do

Track balances for FBAR.

If aggregate foreign account balances, including MXN accounts and Wise, exceed $10,000 at any point in the year, file FBAR by April 15 with an automatic extension to October 15.

The full open a wise (or revolut) multi-currency account process typically runs 1-2 weeks for funded verification.

Do this step

This one happens at the official source, not on a forum. Go straight to bsaefiling.fincen.treas.gov and you skip the lookalike sites.

Do this step at bsaefiling.fincen.treas.gov
Section 02 · Where you are

The steps of open a Wise (or Revolut) multi-currency account, in order

  1. Step 1
    Track balances for FBARYou are here
Your step, your dates

Your plan dates this step against your move.

Start a plan and this step lands on your calendar in the right week, sequenced with everything before and after it, so the Mexico paperwork is moving while you are still packing.

Free to start. No card required for the plan preview.

Last verified: May 2026 · Not tax or legal advice. Always confirm requirements with the official source.

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