Hi all
I took out a loan here in the US to do some home fixing in DR, however i did some research and found out that the gov now requires banks to issue a SAR (security alert report) i think that's what it means.
anyways, w/ this loan i will be trasfering money out of my usual transactional behavior and for a larger amount. also, the gov now is very strict about using lent money outside of the US.
taking the money myself is out, since i dont plan to go for a few months.
can I get a few suggestions on how i can transfer the money without having to get audit, give explanations, or pay a % to transfer it. I am already paying enough in interest on the loan, the last ting i need is to have western union charge me 3 or 4 % for every $1000 i send, or whatever it is they charge.
any suggestions would be appreciated.
I took out a loan here in the US to do some home fixing in DR, however i did some research and found out that the gov now requires banks to issue a SAR (security alert report) i think that's what it means.
anyways, w/ this loan i will be trasfering money out of my usual transactional behavior and for a larger amount. also, the gov now is very strict about using lent money outside of the US.
taking the money myself is out, since i dont plan to go for a few months.
can I get a few suggestions on how i can transfer the money without having to get audit, give explanations, or pay a % to transfer it. I am already paying enough in interest on the loan, the last ting i need is to have western union charge me 3 or 4 % for every $1000 i send, or whatever it is they charge.
any suggestions would be appreciated.