I would like to set up online transfers from my American account to my account in Banco Santa Cruz. Is this even possible? Had anyone done this?
I know wire transfers are possible. I have done enough of them and I would like to know if there is another way. Like Online banking, has it progressed enough to be possible and avoid wire transfers?Wire transfers are possible. Each transfer with a charge at both the sending AND the receiving banks. Depositing a check and waiting for clearance, no charge.
Really! !! You used your online bank to do it? How did you set it up?I've done it from Wells Fargo to Ban Reservas.
Bank of America to Banco Popular, very easy online. Sending in dollars or pesos to dollar or euro account. Arrives literally in an instant. (Max half an hour, sometimes literally in minutes.
Are you talking about a wire transfer with a fee at each end?
Yes, just as you said.
An wire transfer carried out by Internet banking. USD45 wireout + USD15 wirein + rd$300 for whoknowswhat.
Since BofA is charging 3% for cash withdrawals at Scotiabank ATMs since last year, this became cheaper, but I should look into the checks. No charge for depositing a check you're saying?
Yes, just as you said.
An wire transfer carried out by Internet banking. USD45 wireout + USD15 wirein + rd$300 for whoknowswhat.
Since BofA is charging 3% for cash withdrawals at Scotiabank ATMs since last year, this became cheaper, but I should look into the checks. No charge for depositing a check you're saying?
I would like to set up online transfers from my American account to my account in Banco Santa Cruz. Is this even possible? Had anyone done this?
I would doubt this is possible. In the US I don't think you can transfer money on line from one bank to another without the bank being involved so moving money Internationally between banks is not possible. You can't transfer money as you would between your accounts in a US bank. It is probably cheaper to go to an ATM make a withdrawl from your US account, in the DR and then deposit the money in your DR account. What your asking I don't think is possible.
I've done it from Wells Fargo to Ban Reservas.
I deposit US checks into either Banco Santa Cruz or Banco Leon clears my NY bank in 3 days; takes 30 business days to clear in the DR. I don't care, costs nothing but time.
Deposit an American bank's check into your DR accoount? Why?
Cash it into pesos direct at any Cambista at the int'l commercial rate. No fees.
Online? Please tell me how.
I've done it from ABNAMRO, but that was more than a year ago, and not an American bank.