Wells Fargo transfers $ to BHD also Banrervas for $5 usd per. Only if you have a WF acct of course.
- Thread starter chico bill
- Start date
Wire Transfers becoming problematic
I do but when is the last time you transfered? And what did you pay to transfer. Chase was free to me.
Here is the new regulation which will make wire transfers more difficult
www.cnbc.com
New rule protects international wire transfers
A new rule that takes effect Monday should better protect people who make international money transfers.
www.cnbc.com
Seems new rules are to protect consumers..maybe time for new bank?Here is the new regulation which will make wire transfers more difficult
New rule protects international wire transfers
A new rule that takes effect Monday should better protect people who make international money transfers.
I see nothing there that would make wire transfer more difficult. My bank shows the cost up front and it is deducted immediately from my acct when I initiate the transfer.Here is the new regulation which will make wire transfers more difficult
New rule protects international wire transfers
A new rule that takes effect Monday should better protect people who make international money transfers.
No, BHD is not allowing anyone to preload the Visa debit card more than 500USD per week. Prior to this crisis the amounts were unlimited.
There is no issue with the peso load. Still unlimited.
According to Google Translate, "Corralito" translates as "Playpen"! However, they also give a quite different definition:
"Limitación impuesta por el gobierno al acceso a los depósitos bancarios y cuentas corrientes para frenar la retirada de fondos de las entidades financieras del país."
I have the same problem with my US bank. They never allow transactions in DR unless I confirm it's me for the same reasons. They randomly decline transactions if I don't shop or withdraw money in my usual places. They even blocked a transaction at a bank teller because she had misunderstood the amount, cancelled the transaction and retried the new sum, a no no from DR.
This only happens to me in DR.
This is very annoying, but I understand.
Hmmmm, 2 weeks ago I took out 5000 pesos from my bank using an ATM. I got the cash but they cancelled my card. It was also a PITA to get it reinstated.
I also take out cash using my Fidelity debit card with no issues to date.
Completely off topic, but it begs the question as why " main street " banks are so behind fintechs.....
With revolut ( the main one I use but there are many others ) I can freeze and unfreeze my card at will, I can activate/deactivate internet payments at will, same for contactless, same for ATM withdrawal.
I can also enable biometrics options, ie it asks me for my fingerprint in the app for every single transaction.
All that instantly.
So, I go shopping in the DR like once or month or less. Unfreeze my card, activate international payments and biometrics, ALL WHILE IN THE QUEUE AT CHECK OUT.
Until your cell signal goes down then you are stuck with a shopping cart full at the register and no way to pay
True, but it's 2021, cellphone signals should never go down...... but yeah, in the DR who knows.
Also, being the DR, chances are that the card processing company blacks out also--- happened to me once---- and then well, I am out of luck ( at least, me and the supermarket lol ).
You could also do all I mentioned at home before you leave for the supermarket.
LMAO
Exactly the type of scenario that would happen to me ! Worse, forgot my phone at home as I rushed out, trying to beat the curfew.