Good evening Everyone,
I have a quick question regarding the permitable amount for Bank to Bank money transfers to the DR. My Bank (Banco Santa Cruz) informed me that over 10K I must show "Evidencia de uso" (Evidence lof usage). Banco Popular told me something similar. I asked what that means and I was told that if I am about to buy a house that i must show them a contract. But, I am not buying a house, I am receiving a 6 figure compensation for services outside the DR. So, if I u8nderstand it correctly and I just wish to receive my finds here it has to be below 10K, unless I have a purchase contract of some sort?
I have a quick question regarding the permitable amount for Bank to Bank money transfers to the DR. My Bank (Banco Santa Cruz) informed me that over 10K I must show "Evidencia de uso" (Evidence lof usage). Banco Popular told me something similar. I asked what that means and I was told that if I am about to buy a house that i must show them a contract. But, I am not buying a house, I am receiving a 6 figure compensation for services outside the DR. So, if I u8nderstand it correctly and I just wish to receive my finds here it has to be below 10K, unless I have a purchase contract of some sort?