Hello everyone,
A few years ago I asked about the best/cheapest way for me to send money to SD and it was suggested that I try a combination of Paypal/Xoom. Over the years I have been unsuccessful and I have relocated as well.
Now the need is to send money to SD as well as to receive money in Scandinavia. I thought of bank transfer but my mom was informed that a bank transfer SD - Scandinavia not only will take 3-5 bank days but that it won't be a direct transfer, and that the money will have to transit thru several banks, paying fees in each transit point. I don't know if this is true and I currently wait for a response from my bank. As far as I know, there's no partnerships or cooperations between banks in RD and Scandinavia.
If I manage to open a Dominican Paypal account, how can my family receive the money since they don't have a US bank account? If the combination Paypal/Xoom is still good, should I use a Scandinavian Paypal acct to transfer to Xoom?
Or is there any other way to do this? Western Union is what we have used, since we transfer money only once a year and it's never a big sum - but the fees are outrageous.
Thank you in advance.
A few years ago I asked about the best/cheapest way for me to send money to SD and it was suggested that I try a combination of Paypal/Xoom. Over the years I have been unsuccessful and I have relocated as well.
Now the need is to send money to SD as well as to receive money in Scandinavia. I thought of bank transfer but my mom was informed that a bank transfer SD - Scandinavia not only will take 3-5 bank days but that it won't be a direct transfer, and that the money will have to transit thru several banks, paying fees in each transit point. I don't know if this is true and I currently wait for a response from my bank. As far as I know, there's no partnerships or cooperations between banks in RD and Scandinavia.
If I manage to open a Dominican Paypal account, how can my family receive the money since they don't have a US bank account? If the combination Paypal/Xoom is still good, should I use a Scandinavian Paypal acct to transfer to Xoom?
Or is there any other way to do this? Western Union is what we have used, since we transfer money only once a year and it's never a big sum - but the fees are outrageous.
Thank you in advance.