- Thread starter MarkDR
- Start date
Sending money
no I live here now. I used xoom and I used just about everyone. my nephews wife worked at the location here in PTO PTA that represented xoom. I never trusted her.
This looks like a UK/Europe based company and I got interested in them, but this bit below from their website is going to make it not very useful:
"Withdrawing cash from an ATM with your Revolut multi-currency card is free for ?500 (or equivalent) each month after which there is a 2% charge."
?500 a month is not much, not sure why such a low limit, it is usually ?500 per day.
I use RIA Money Transfer online. https://www.riamoneytransfer.com . I send my transfers to Caribe Express. They charge 2 Dollars if you transfer via a US bank account.
Yes only 2 dollars. The first few transfers will take 3 or 4 days. After you build a trust relationship then your transfers will be ready on the
same day. They also offer no fee transfers for the first 30 days
Yes only 2 dollars. The first few transfers will take 3 or 4 days. After you build a trust relationship then your transfers will be ready on the
same day. They also offer no fee transfers for the first 30 days
Unfortunately if you live in Canada, as I do, you can not do online transfers with RIA.
I just called for rates.
It would cost me $40 + exchange rate to transfer $1000 CAD
and $80 + exchange rate to transfer $2000 CAD.
Yes usually if it sounds too good to be true, it won't work for you.
I just called Revolut.
They do not offer their service to Canada.
Western union works for me....monygram is a part of western union , and their outlets are in banks, so bank hours!! western union has stand alone sites, in santiago there is a gusman money exchange right next to it, so send in dollars , take to gusman exchange for peso, i am sure western uion was start by pony expres
I tried to send by Ria once, and their page brought up Colombian Pesos for the DR at 2000 pesos to the dollar. I didn't go thru with it because I was not sure how much confusion it would cause when she went to pick up my pesos here.
Owned by Western Union, but with miserly prices to send.......Vigo.
You can send in dollars, loonies , etc., and let the person on the receiving end take it in dollars, loonies and then seek the best rate at a casa de cambio.
http://vigocanada.ca/
Respectfully,
Playacaribe2
Thanks maybe you can explain how their miserly website works?
I spent more than 5 minutes there and couldn't find out how to open an account or see how their money transfers work/rates!
The only thing I discovered is that the closest agent to me is a 30+ minute drive one way from where I live.
Thanks maybe you can explain how their miserly website works?
I spent more than 5 minutes there and couldn't find out how to open an account or see how their money transfers work/rates!
The only thing I discovered is that the closest agent to me is a 30+ minute drive one way from where I live.
30 minutes away....skip Vigo then.
My experience was with an actual agent located about a mile from my office. I never used the website. I only posted it because you indicated you were in Canada.
Good luck.
Respectfully,
Playacaribe2
Yes, there was / is some issue linking a Dom Bank with PAYPAL.
This might have been resolved.
Their tasa / fees were quite reasonable, I use a PAYPAL account as one source of local funds, linked to my B of A account..
I used Paypal one time recently.
Their fee is so so.
The problem is that you don't know the rate the bank will be charging until the money is picked up.
Other companies tell you the exchange rate right away so you can decide what to do.
The total for my transfer? Around 15% of money transferred!!!
For comparison purposes, try this from the World Bank;
https://remittanceprices.worldbank.org/en/corridor/United-States/Dominican-Republic
You can manipulate both the sending and receiving country.
Respectfully,
Playacaribe2