Hi all. I'd like to know how much money can I transfer From An USA Bank to the DR.
Thanks in Advance.
Nano
Thanks in Advance.
Nano
- Thread starter Marlon Rojas
- Start date
Transfer funds from USA bank to DR Bank
You can transfer as much as you want, people transfer enough to buy houses. Most banks will charge about $45 to do it. If it's over $10,000 it will be reported to IRS, but if it's coming from a savings/bank account there should be no problem.
Personaly, I wire sometimes - $10-15,000 w/ no paperwork.
Oftentimes I'll carry $5-6-7-8,000.
And again, I'll cash checks at the cambio.
Multifunctional, you might say !!
Cobraboy's suggestion is very uncomplicated - you can cash whatever you want at the cambio.
For those who might say, " I would never carry $8,000 on my trip"............ I say that walking out of the cambio is a certain giveaway that you have money in your pocket.
Any traveler might have no money - the cambio customer has just "loaded up".
Whichever you decide - always use caution and discretion and be aware.
WW
Oftentimes I'll carry $5-6-7-8,000.
And again, I'll cash checks at the cambio.
Multifunctional, you might say !!
Cobraboy's suggestion is very uncomplicated - you can cash whatever you want at the cambio.
For those who might say, " I would never carry $8,000 on my trip"............ I say that walking out of the cambio is a certain giveaway that you have money in your pocket.
Any traveler might have no money - the cambio customer has just "loaded up".
Whichever you decide - always use caution and discretion and be aware.
WW