Opening Local $US ACCOUNT

[nightcrawler]

Which local bank is the best to open a $US ACCOUNT?

[Blaze d Chalice]

Said no one ever.

Do you hate yourself and your farren currency?

[sMASH]

None.
Cause when it's in, it can't get materialized to be taken out.


Srsly thinking about starting an account in utc so scotia could write them a cheque... Cause that might be the easiest way to get it out.

[VexXx Dogg]

None.
Cause when it's in, it can't get materialized to be taken out.


Srsly thinking about starting an account in utc so scotia could write them a cheque... Cause that might be the easiest way to get it out.

pretty much.

[DMan7]

I advise the OP to check out the "Leaving Trinidad for good" thread.

[Mmoney607]

Which local bank is the best to open a $US ACCOUNT?

Rbc, you get your money when you want.

[TheBoostLord]

Which local bank is the best to open a $US ACCOUNT?

Rbc, you get your money when you want.

just not in the currency you want.

[aidan]

Which local bank is the best to open a $US ACCOUNT?

Rbc, you get your money when you want.

Nope do not recommend. Unless u plan to wire your money abroad to withdraw

[sMASH]

Don't want any any sny money, want the CURRENCY!

[nightcrawler]

So how I supposed to save my US, at home ?

[Chimera]

if you want to maintain it in US currency , yes

or you could rent a bank deposit box and put the cash in there


because once you deposit the US, you no longer have access to the cash

[16 cycles]

even if you wanted to do a wire transfer?

[widdyphuck]

When the bank ask you where you get then US what you gonna say?
In terms of rates, FCB is the best.
However you may not get it back in US dollars.

[Chimera]

You can wire transfer it out yes but you need to give them a invoice showing why you wiring it out

[Mmoney607]

Rbc, once the money is yours, you could do whatever you want with it.

[TheBoostLord]

Rbc, once the money is yours, you could do whatever you want with it.

lol..

[bluefete]

if you want to maintain it in US currency , yes

or you could rent a bank deposit box and put the cash in there


because once you deposit the US, you no longer have access to the cash

How many times we have to tell people this?

Unless your name is Faris or Colm, then all is yours.

[new_gran_fella]

Soldier, link up with some family or someting abroad and open that account there eh. Let them open it. You will never see that US again ever in life here in trini. Every bank always short on US funds when is time to access it

[thelem-again]

RBC is one of the worst.

Its a trap. Trust me.

I had a US Account BEFORE this so called foreign currency restrictions and it was hell.

1. You cannot access your money easily. They set a daily limit to access the cash with an appointment system.
2. You cannot easily wire the money. You have to get an approval from the bank by telling them what is the purpose. Ridiculous.
3. The fees are high to maintain the account and to conduct transactions.

I closed that account and I highly assume that the process is worst with covid and the ongoing forex issues.

Best bet it to open a foreign US Account, return home and wire whatever money to yourself. Be it through PayPal payments or some means etc.

[widdyphuck]

RBC is one of the worst.

Its a trap. Trust me.

I had a US Account BEFORE this so called foreign currency restrictions and it was hell.

1. You cannot access your money easily. They set a daily limit to access the cash with an appointment system.
2. You cannot easily wire the money. You have to get an approval from the bank by telling them what is the purpose. Ridiculous.
3. The fees are high to maintain the account and to conduct transactions.

I closed that account and I highly assume that the process is worst with covid and the ongoing forex issues.

Best bet it to open a foreign US Account, return home and wire whatever money to yourself. Be it through PayPal payments or some means etc.

I saw someone on Facebook saying that Scotia Bank is selling US currency over the counter and even to open USD accounts.
Any Scotia bank user here willing to confirm this?

[death365]

Chinese buying around 9 for 1 usd now .... is best to just sell it to them.

[widdyphuck]

Chinese buying around 9 for 1 usd now .... is best to just sell it to them.

Where?

[death365]

Can't remember one ah them in San Juan... was 8 or 8.50 but I see the sign last week 9 ... I think over 300 usd



I'll check back an confirm

[bluefete]

Can't remember one ah them in San Juan... was 8 or 8.50 but I see the sign last week 9 ... I think over 300 usd



I'll check back an confirm

WU was about $8.35 last week.

[widdyphuck]

Can't remember one ah them in San Juan... was 8 or 8.50 but I see the sign last week 9 ... I think over 300 usd



I'll check back an confirm

WU was about $8.35 last week.

Buying or selling?