Sending dollars TO the U.S.

boomer says on Jul 31, 2008, 06:10:

Send it via moneygram to a friend or relative less than $2000 at a time. No problem. Western Union's what I used. Expensive but reliable and you can pick it up anywhere.

orgullo_de_colombia

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viajero123 says on Jul 31, 2008, 06:41:

Do you have a Colombian bank account? You could wire the money from the Colombian bank to your US bank.

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bigtexas1974 says on Jul 31, 2008, 07:53:

Boomer...which is the most expensive? Do you have an idea on rates? USD to USD is what you have done?

Viajero123...I do have a bank account with Bancolombia, I just don't know if they will take dollars and send dollars and at what expense?!?!? Guess I should ask them.

"Sex is one of the most wholesome, beautiful, and natural experiences money can buy." - Steve Martin "You don't appreciate a lot of stuff in school until you get a little older. Little things, like getting spanked every day by a middle aged woman."

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tejasmarcos says on Jul 31, 2008, 08:00:

i thought you could carry anything less than $10,000 without declaring it???

BT - you finally move some product here in MDE?

trying to walk a straight line on sour mash and cheap wine...

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viajero123 says on Jul 31, 2008, 08:44:

Oh, you have cash dollars in Colombia to send to the US. That's a different story, getting rid of cash dollars in Colombia is costly in terms of exchange rate. Does money gram or Western Union take cash dollars in Colombia to do a transfer to the US?

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Joel y Luza says on Jul 31, 2008, 09:01:

not feasible for you to hang on to it until you return? Go to Citi Bank or another US bank and wire it. The other option is to open a CITI bank account (US branch) online. Then go to Citibank branch in Colombia, and deposit it.. I am sure you will have to convert it to pesos so you can give a pound of flesh, on the currency exchange, to somebody.

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tejasmarcos says on Jul 31, 2008, 09:56:

i see. it needs to be there before you get back. i can take it back with me in november when i go back for thanksgiving ;)

trying to walk a straight line on sour mash and cheap wine...

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bigtexas1974 says on Jul 31, 2008, 10:50:

Actually I do have an account with Citibank in the US, and Bancolombia here. The problem is that my bonus from work comes in the form of USD, and obviously it is a huge waste to take it in COP at the current exchange rate. I am going home for New Years, however need that cash in the US in the November time frame to pay for a motorcycle that my father will be registering, titling and receiving for me - as it needs to be ready to ship with title in hand when I arrive and paying cash that week to buy it won't allow everything to get done in time.

TM - thanks for the offer, might consider it, nope - didn't move any product and still looking at the feasibility of the idea. How's your car situation coming?

I got a message from someone saying to find an American who has that cash available i the US but is living in Colombia, have them transfer the money to your account and you give them the USD in person at the same time. Of course, giving it to someone to take back is an option also. Guess either one has a pretty heavy risk associated and not sure if I want to deal with the stress of wondering if someone would rip me.

Will contact Bancolombia this next week and look at their options, along with WU/MG, just not sure what else is out there.

"Sex is one of the most wholesome, beautiful, and natural experiences money can buy." - Steve Martin "You don't appreciate a lot of stuff in school until you get a little older. Little things, like getting spanked every day by a middle aged woman."

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Joel y Luza says on Jul 31, 2008, 11:04:

Texas- I received an email from somebody in Nigeria who said they will guarantee me $10mil USD if I will wire them about $6k USD to help them get the money out of Nigeria. Not a bad return on that investment of $6K..no? So, I don't mind forwarding that email to you...if you think they can help out!

No need to thank me now... just send a cool $1mill USD when you get your settlement....I appreciate it!!!

Seriously, I would be interested in how it works getting US dollars out of Colombia. It seems money flows into Colombia easy enough, but coming out, especially in USD, can be a challenge to do economically

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viajero123 says on Jul 31, 2008, 11:19:

bigtexas1974, your work bonus comes in USD in Colombia? I mean, do they deposit 6k USD in COP at the exchange rate, or do actually get USD bills in Colombia?

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boomer says on Jul 31, 2008, 11:56:

bigtexas1974 - Western union is expensieve. If the 6 grand is reported income, then the bank wire transfer is the better option. However, if the money is a cash bouns (non reported),
then the money gram works just fine, no questions ask if kept under 2 grand and the only exchange rate would be to pay for the money gram transfer in COP's.

orgullo_de_colombia

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bigtexas1974 says on Jul 31, 2008, 11:59:

J y L - funny shit! Yeah, it would almost be worth a shot to get the settlement, but somehow I don't think the whole settlement collection would go very well! I will post up if I find a good way to do thi.

Viajero - Yep, they give it to me in USD currency, kind of a guaranteed bonus value since they figure I would want to return home with nice cash once a year. I CAN get it in COP at the current exchange rate (which sucks) then I guess I could wire it from Bancolombia to the US at the exchange rate offered and have it then in USD, but I believe i would lose out there depending on the numbers and how they shift day to day.

"Sex is one of the most wholesome, beautiful, and natural experiences money can buy." - Steve Martin "You don't appreciate a lot of stuff in school until you get a little older. Little things, like getting spanked every day by a middle aged woman."

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robi666 says on Jul 31, 2008, 12:07:

bigtexas,
where and when EXACTLY you will have the 6,000 in hand in Medellin?

"I am a citizen of the most beautiful nation on earth. A nation whose laws are harsh yet simple, a nation that never cheats, which is immense and without borders, where life is lived in the present."

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viajero123 says on Jul 31, 2008, 12:09:

The best way for you to loose the least, is to the your USD paid in COP at the TRM (official exchange rate) of the day. I do not think Bancolombia or Moneygram would take actual USD bills and send them for you to the US. They will take pesos, and convert them into USD at their crappy exchange rate and send them to the US. USD bills in Colombia are exchanged into COP at low rates.

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bigtexas1974 says on Jul 31, 2008, 13:02:

robi....hmm...lets make it just off 33rd at Oriental, this Friday night at 1:30am. Will be trying to buy a little smack with hunder-dollar bills. Send your croanies!!! :)

viajero...yeah, got all that, which would be the reason I'm looking for other options.

"Sex is one of the most wholesome, beautiful, and natural experiences money can buy." - Steve Martin "You don't appreciate a lot of stuff in school until you get a little older. Little things, like getting spanked every day by a middle aged woman."

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viajero123 says on Aug 1, 2008, 07:49:

Let us know how it goes, I plan to do something similar in the future and would appreciate input from previous experiences.

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bigtexas1974 says on Aug 1, 2008, 09:24:

Absolutely...

"Sex is one of the most wholesome, beautiful, and natural experiences money can buy." - Steve Martin "You don't appreciate a lot of stuff in school until you get a little older. Little things, like getting spanked every day by a middle aged woman."

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