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Banorte Taps 24,000 OXXO Stores to Build 44,000-Point Banking Network

Customers gain extended-hour access at OXXO; specific limits, fees and store coverage are still to be confirmed.

Overview

  • Banorte formalized an expanded correspondent-banking deal that brings more than 24,000 OXXO locations into its network, taking total service points nationwide past 44,000.
  • Customers can make cash deposits, withdraw money and pay Banorte credit or debit cards at participating stores with hours that include evenings and weekends.
  • Banorte positions the rollout as complementing its app and web channels and as a push for financial inclusion across urban and rural communities.
  • OXXO executives said the tie-up expands access to reliable, everyday financial services for thousands of communities across Mexico.
  • An updated schedule of transaction limits, commissions and per-store availability has not been published, and prior figures cited in earlier agreements may not apply to this expansion.