Lock your rate between contract and closing
Under Mexican law, closing costs, acquisition tax, and capital gains obligations must be paid in pesos. Between agreeing a sale and reaching closing — typically 30 to 90 days — the exchange rate can move materially. Cambium lets you lock it.
The problem
Every resale transaction in Los Cabos has a mandatory peso cost component — notarial closing costs, acquisition tax (ISAI), capital gains obligations, and various other fees must be paid in pesos.
The person paying them converts at whatever rate the market happens to be on the day of closing. Between agreeing a sale and reaching closing, the rate can move materially.
For many buyers and sellers this is a known anxiety — they watch the rate in the weeks before closing with no way to act on it.
Real estate agents, brokers, and notarios rarely raise the subject of FX management. It is not part of the standard closing process.
How Cambium solves this
Cambium offers the ability to lock the rate at any point between contract signing and closing, removing the anxiety entirely.
For the broker or notario recommending Cambium, it is a straightforward value-add to the client experience.
For the client, it is the difference between a surprise and a known number in their financial plan.
Resale closing costs — $50,000 peso obligations over 60 days
Transaction: $50,000 over 2 months
Without hedging — your exposure
Rate at maturity: 17.4000
870,000 MXN
With Cambium — locked rate
Locked forward rate: 17.8500
892,500 MXN
Potential cost of not hedging
22,500 MXN (~$1,300)
Illustrative example only. Rates shown are hypothetical and do not represent current market conditions. Past exchange rate movements are not indicative of future performance.
Protect your closing costs
We take on a limited number of new clients each quarter to ensure dedicated attention.