Opening bank account for trasferring money abroad

kurdela

New member
Jan 23, 2009
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Hi.

Which banks would you recommend? What are the procedures to open bank account? How long does it take? What do I need? I don't have residency, still on an extended tourist visa. How do I transfer the money to an account abroad? What are the charges? Can do it over the internet? Which bank provides the internet bank account?

I would be very grateful for any advice.

Thanks.
 

drloca

Silver
Oct 26, 2004
2,097
216
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From personal experience, I would avoid Banco Popular like the plague, they are useless at best. They requested a letter of employment as well as a letter from my bank at home as proof of good standing. You will also need to bring in your passport (that applies to all banks AFAIK) I provided both....several months have passed and I am still waiting.

On the other hand, I just walked into Ban Reservas with my passport and after going through the normal formalities, successfully opened and account.

It may also depend on the type of account you wish to open?

But as with anything, experience may differ from person to person.

Good luck.