SENDING MONEY OVERSEAS

[garya505 2]

My credit union transferred my business investment funds directly into my Filipina partner's bank account in CDO. I set up a savings account that had an ATM card that I gave to Claudeth so all she had to do was go to the bank. It cost a buck for her to withdraw money. Her parents now have the card and we send them money all the time

I've read some real horror stories about international bank wires. It can take up to 3 weeks or longer, and get this, it can actually get lost and you lose the money. The US bank has no responsibility if it gets lost after it leaves the US, so you're just out the money. If I had known this before I sent it, I would have found another way.

[Dan J 277]

My credit union transferred my business investment funds directly into my Filipina partner's bank account in CDO. I set up a savings account that had an ATM card that I gave to Claudeth so all she had to do was go to the bank. It cost a buck for her to withdraw money. Her parents now have the card and we send them money all the time

I've read some real horror stories about international bank wires. It can take up to 3 weeks or longer, and get this, it can actually get lost and you lose the money. The US bank has no responsibility if it gets lost after it leaves the US, so you're just out the money. If I had known this before I sent it, I would have found another way.

Wire transfers are the only way to send large amounts of money. How fast it goes pretty much depends on your bank and the receiving bank. My dad does a lot of business with people in Sweden and Norway, wire transfers usually take a week at most.

[Jasman0717 8]

My credit union transferred my business investment funds directly into my Filipina partner's bank account in CDO. I set up a savings account that had an ATM card that I gave to Claudeth so all she had to do was go to the bank. It cost a buck for her to withdraw money. Her parents now have the card and we send them money all the time

I've read some real horror stories about international bank wires. It can take up to 3 weeks or longer, and get this, it can actually get lost and you lose the money. The US bank has no responsibility if it gets lost after it leaves the US, so you're just out the money. If I had known this before I sent it, I would have found another way.

We had absolutely no problems and actually did it several times with the other business partner living in Idaho

[brtlmj 0]

I used (and still use) xe.com to send my money from Europe to the US. It also works in the other direction The only fees I paid were currency conversion fees, and those were lower than a bank would offer. A transfer takes about a week, though.

Edited September 20, 2007 by brtlmj

[Craneman 2]

have actually only used WU but call your bank and see if they can do a direct wire

I just wired money to Brazil yetserday, a phone call to my bank will all her information, and a $40 transaction fee is all it took.

ONLY TOOK 4 DAYS AND + BRAZILIAN TAX DEDUCT

I AM SENTING UP AN ACCOUNT FOR HER AND SENDING HER A DEBIT CARD, $2 PER TRANSACTION

DEBIT CARD IS HOW I GET MONEY FROM MY US ACCOUNT WHILE IN BRAZIL

WILL MAKE IT MUCH EASIER QUICKER AND CHEAPER

COST A TOTAL OF $85, WITH TRANSACTION FEE AND BRAZILIAN TAX

SNET $300US TO TEST THE SYSTEM

+ $40 TRANSACTION FEE = $340US

SE RECIEVED $255US

IS THIS A GREAT SYSTEM OR WHAT?????/

[hereicome 0]

we usualy do it by Moneygram and it works for us

[bora bora 1]

Western Union