1000 pardons folks if I'm in the wrong forum but this is the closest forum I could find here thats related to the financial world or financial institutions. I recently sold some property in the Capital and will receive the payment in US Dollars via check. I live in New York City and was wondering the easiest way to get the money to the US? I foresee a problem trying to deposit a foreign check into my checking account here in the US.
I figured I could open up a Banco Popular account in the Capital and one here in NYC then the transfer funds from there here but then I read here that:
"Banco Popular in the DR and Banco Popular in the US and Puerto Rico are entirely different banks. The only thing they share is the name"
That was confirmed when I called Banco Popular North America and asked if they had a branch in DR and was told no.
Now are there any banks in DR, that have branches here in NYC or vice versa?
Can I even open up an checking account in DR as a non DR citizen?
Couldn't I just open a checking account in any DR bank, deposit the check, wait for it to clear, then provide the DR bank with a swift code, routing/aba number, and account number and do a foreign bank tansfer?
Thanks in advance for your help
I figured I could open up a Banco Popular account in the Capital and one here in NYC then the transfer funds from there here but then I read here that:
"Banco Popular in the DR and Banco Popular in the US and Puerto Rico are entirely different banks. The only thing they share is the name"
That was confirmed when I called Banco Popular North America and asked if they had a branch in DR and was told no.
Now are there any banks in DR, that have branches here in NYC or vice versa?
Can I even open up an checking account in DR as a non DR citizen?
Couldn't I just open a checking account in any DR bank, deposit the check, wait for it to clear, then provide the DR bank with a swift code, routing/aba number, and account number and do a foreign bank tansfer?
Thanks in advance for your help