- Thread starter jrf
- Start date
Best way to move cash...
If you bring one I would check if they will clear it sooner which I doubt. Check clears in 1-2 days and they just wont give you money for 30 days.
Less than $10,000 bring Amex Traveler's cheques. At least you can get the dough faster than 30 days. i think they still sell $500's.
Scotia Bank...
I deal with Scotia as well.... if you open an account at a Scotia Bank in the DR (branches in most major areas ie: SD, Santiago, POP, and Cabarete) and arrange with your banker before you go to send the money via bank transfer to the new account in the DR (once you send him/her the number)... you will have your money in 5 - 7 business days... no hassels... It will cost you $28 CDN regardless of how much you transfer. Banking fees at the Scotia bank in the DR are incredibly cheap...
Before you go... fill out the transfer forms (except account number) and sign the form that allows you to give your banker instructions via email.... send the account number via email with no other information and another email instructing them to process the transfer of funds... no hay problema.
jrf said:
I deal with Scotia as well.... if you open an account at a Scotia Bank in the DR (branches in most major areas ie: SD, Santiago, POP, and Cabarete) and arrange with your banker before you go to send the money via bank transfer to the new account in the DR (once you send him/her the number)... you will have your money in 5 - 7 business days... no hassels... It will cost you $28 CDN regardless of how much you transfer. Banking fees at the Scotia bank in the DR are incredibly cheap...
Before you go... fill out the transfer forms (except account number) and sign the form that allows you to give your banker instructions via email.... send the account number via email with no other information and another email instructing them to process the transfer of funds... no hay problema.
You can wire money from Scotia bank in Canada to any bank in the DR. My wife wired 12,000 Canadian to Banco polular in Jarabacoa for $36 CAD. Money was available to her brother in 5 working days.
Depends I guess on the use for the money. I give personal checks here with out a problem. Costs nothing even though 50 bux is cheap on a large transfer.
Less than $10,000
Best bet is to bring it in cash. I beleive that you will have no problem with that.
Charlie
Best bet is to bring it in cash. I beleive that you will have no problem with that.
Charlie
Bank Draft
I tell my clients to bring a bank draft sufficient that will close the deal, pay the Legal fee's and enough start up cash for them.
I took some client's to Rusa in Puerto Plata last week and the Bank Draft was In B.S.P. (Not Certified Cheque) was cashed within 20 minutes.
This works for my clients every time!
Gringo
I tell my clients to bring a bank draft sufficient that will close the deal, pay the Legal fee's and enough start up cash for them.
I took some client's to Rusa in Puerto Plata last week and the Bank Draft was In B.S.P. (Not Certified Cheque) was cashed within 20 minutes.
This works for my clients every time!
Gringo