- Thread starter kenshireen
- Start date
Best Way to Move Funds From US to DR Bank
But I also want to bring some US Dollars with me and want to know where is the best place to exchange? So my initial question is two pronged. Sorry for any confusion.
I want to establish a banking relationship in DR with the a bank easy to do business with AND I want to know the best place to convert dollars to pesos
no perdido just unfamiliar with some of the terminology. When you say "check cashier" I do not know if that is someone at a bank or at a casa de cambio.
The lingo is very common and understandable for those who live in DR but not always those who have not been involved in their banking business.
I can just bring a US personal check to a "check cashier" and he will cash it? That sounds like bad business but then I don't even know what a "check cashier" and how to find one
The branch where we opened our accounts at BHD closed a couple of years ago. We knew the manager, she was friendly with my BIL, whose business was in the same plaza. Since then, we’ve used the branch at Sirena in San Cristobal. What a joke. The only one we know is the old guy who opens the door for everyone. He sees us and hustles us right to the counter
Claro.... Sky said "If you can open a US Dollar you can deposit checks from the US. Takes 2 weeks to clear, but works well with no expense." No idea what he was referring to
OK.. I gotta ask. What do you think a US Dollar is, Ken?
What do you think USD$9500 is?
They may require a reference and/or limit check amount until they know you.
Last Thurs at 3:48 PM I sent you a DM (as if I didn't have other things to do ) with 8 variations of "how things are priced here ."
Did you read it?? I guess not and for that "Im out"
as the sharks say on Shark Tank".
Most of the questions "Ken" has can be found on DR1. I realize the search option can be cumbersome but there is a wealth of information to be found. It may be older info but most of the info still has value today. Maybe "Ken" is not "Ken". Maybe "Ken" is not really moving the DR, who knows. But DR1 members again proved to be worth their weight in gold in giving "Ken" and others some valuable information. So, IMO if someone does not want to take the advice of some very knowledgeable members here, it is their loss. We all just move on.
In Pesos at whatever rate they give you. You have a Dollar account and deposit the check in Dollars that beats converting to pesos anyday...............
We’ll need that soon. I dread it. We have to open a peso account to deposit proceeds from sale of Mr AE’s parents’ home. Apparently you can’t deposit a peso check into a dollar account.