Ok so i haven't sent any significant money to the DR in a long time but last time i had no problems but now...
Facts:
Joint account in US $ opened recently at Ban Reservas
300 minimum to open
account is in sister and brother in laws name (both Dominicans)
recently transferred to account 18kUS from US bank account
Money arrived but Ban Reservas refuses to allow access to money until a letter of justification is obtained by my brother and sister in law...
Questions:
Is this legit? Did they just start doing this? Is this b/c they suspect something awry? or is it their policy for all transactions over a specified amount? has anyone else had to go through this? Are there other banks to open US$ accounts in the DR?
Thanks for any information on this...
Facts:
Joint account in US $ opened recently at Ban Reservas
300 minimum to open
account is in sister and brother in laws name (both Dominicans)
recently transferred to account 18kUS from US bank account
Money arrived but Ban Reservas refuses to allow access to money until a letter of justification is obtained by my brother and sister in law...
Questions:
Is this legit? Did they just start doing this? Is this b/c they suspect something awry? or is it their policy for all transactions over a specified amount? has anyone else had to go through this? Are there other banks to open US$ accounts in the DR?
Thanks for any information on this...