Wired 5 grand to my account in BanColombia yesterday..........

sloopskipper says on Dec 11, 2008, 10:42:

Normally if I call before 2, it's in my account first thing in the morning.

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Brians says on Dec 11, 2008, 11:13:

I sent money to a BanColombia account a few months back. It was a small amount and not even sure exactly what day it arrived. However based on a day or two estimate I thought the rate sucked as well.

12VOIP.com gives free calls to Colombia. Brian

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huskie says on Dec 11, 2008, 11:34:

Can you provide the swift no for Bancolombia and the Routing No? I have been trying to wire some money and so far no luck
Thanks and cheers

"Huskie; Many thanks for your comments. Do you intend to post anything constructive here? Are you ABLE to contribute ANYTHING?"an ignorant frenchman named Darloupoo

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huskie says on Dec 11, 2008, 11:36:

I am in outside Colombia right now, have an account in a bank in the US and an account in Bancolombia
Cheers

"Huskie; Many thanks for your comments. Do you intend to post anything constructive here? Are you ABLE to contribute ANYTHING?"an ignorant frenchman named Darloupoo

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sloopskipper says on Dec 11, 2008, 11:58:

50 pesos on the dollar is only about 2%, no?

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sloopskipper says on Dec 11, 2008, 12:06:

Huskie, do you have:

· Banco: BANCOLOMBIA
· Ciudad: Medellín
· País: Colombia
· Banco pagador: BANCOLOMBIA.
· SWIFT BANCOLOMBIA: COLOCOBM.

Para Giros en dólares
Banco intermediario:
CITYBANK de Nueva York
Código ABA: 021000089
SWIFT: CITIUS33
Acreditar a la cuenta número:
36006658 de BANCOLOMBIA (Replaced with your account number at Bancolombia?) You probably should also add receiver's name.

It seems that Citi is the U.S. correspondent bank.

I found that on a misc website, so can't guarantee it:

http://www.publicidad-internet.com/pagos.htm

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Brians says on Dec 11, 2008, 12:06:

2% is expensive if you ask me for a $5,000 wire. He already paid a wire fee on the US end I am sure. He should get the bid on the spread but I see a much smaller spread than that.

12VOIP.com gives free calls to Colombia. Brian

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sloopskipper says on Dec 11, 2008, 12:11:

Her's another, showing ABA,FR-ABA, Routing number or Routing/Transit Number for Citi (021.000.089)

http://www.uninorte.edu.co/admission/admission_graduated/secciones.asp...

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huskie says on Dec 11, 2008, 12:14:

Sloop, my account is in Medellin, I need to deposit some money, send USD and I suppose I get COPs'. Do I have to use the Citibank bank route?
Thanks for the info
Cheers

"Huskie; Many thanks for your comments. Do you intend to post anything constructive here? Are you ABLE to contribute ANYTHING?"an ignorant frenchman named Darloupoo

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sloopskipper says on Dec 11, 2008, 12:17:

But is that the only charge? Mine are dollar dominated, but they just raised the flat fee to receive from $7, to 15. So, I pay 1.5% for $1000, and the same to send it from the US..

I should send more, less frequently. jaja

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george_in_medellin says on Dec 11, 2008, 12:36:

beware! I did this exact same thing for several months running, same amount, and after about 6 months they embargoed my latest wire. i had to figure out on my own that i had to visit the manager of the branch where my account was opened and present documents demonstrating that my source of income is legal.

after this, i had to keep coming back to see her each time i sent money in order for her to manually release it.

this was in medellin.

George Donnelly Writer, Business Owner, Libertarian, IT Guy georgedonnelly.com

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Brians says on Dec 11, 2008, 12:43:

George they asked me the same but only the first time and then they need to update each year. basically need a copy of my tax returns for a file every year. However not every wire. I think you just need to update your records once a year. i would ask to speak with another person if you do this regularly.

12VOIP.com gives free calls to Colombia. Brian

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sloopskipper says on Dec 11, 2008, 12:53:

I have a pretty low chicken-shit tolerance. It's not for me, Panamá is bad enough.

They also hassle small depositors, and the big time druggers and money launderers go on their merry way, aided by co-conspirators in the banks.

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sloopskipper says on Dec 11, 2008, 13:01:

huskie says on Dec 11, 2008, 12:14 (today): flag

"Sloop, my account is in Medellin, I need to deposit some money, send USD and I suppose I get COPs'. Do I have to use the Citibank bank route?
Thanks for the info
Cheers".

I don't think it matters which branch you use, as long is one in Colombia (we have Bancolombia in Panamá, and I think there is one in U.S. [Florida]).

Somebody else just posted, and also using Citi as the correspondent. But my first bank here used Citi, and Wachovia, so BC might have more than one to choose from (your local bank should be able to tell you). But you execute the wire at the bank where your dollars are. They will route it trhough the correspondent, which will send it to Colombia. It is an overnight operation.

Yes, you send $s, but look at that more recent post, which explains some 30 day period to get get an "agreeable" rate of transfer from $ to COP.

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huskie says on Dec 11, 2008, 13:06:

Uff, I had it with Colombian banking S**T, It is outrageously stupid and non sense BS. ARGG!!
Cheers

"Huskie; Many thanks for your comments. Do you intend to post anything constructive here? Are you ABLE to contribute ANYTHING?"an ignorant frenchman named Darloupoo

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sloopskipper says on Dec 11, 2008, 13:09:

Huskie, we decided months ago that "We ain't gonna play!". I DON'T need it.

Are you in the U.S. now? You might be better off if you're in Europe. I think that if you go your bank there, you might find the sending is the easier part. But, if you are away from the bank where your dollars are, you might have to mail, or fax a form.

But if you are in a different country, the correspondent bank will also be different (one in that country, most likely).

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huskie says on Dec 11, 2008, 13:35:

Yes, I am in Eastern Europe right now, but I do not have personal bank account here. The banking system is a lot better than in Colombia though
Cheers

"Huskie; Many thanks for your comments. Do you intend to post anything constructive here? Are you ABLE to contribute ANYTHING?"an ignorant frenchman named Darloupoo

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sloopskipper says on Dec 11, 2008, 14:41:

If you want to wire money from your U.S.(?) bank, you will have to contact them (probably by phone). I was able to arrange a one-tine wire for $16K to buy my Jeep in Puerto Rico by calling Fidelity, and sending a fax. They wired the money to the account of the seller at Banco Popular, in less than an hour.

If you use Skype, I have the same user name there.

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sloopskipper says on Dec 11, 2008, 14:53:

huskie says on Dec 11, 2008, 13:35 (today): flag

"Yes, I am in Eastern Europe right now, but I do not have personal bank account here. The banking system is a lot better than in Colombia though
Cheers"

From what I have read, and experienced, they must have better banking in Haiti and Jamaica than in Colombia, or Panamá. It was more gringo style in Puerto Rico, but still squirrely (and they are part of the U.S. Federal Reserve System and accounts are insured by the FDIC to $250,000).

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huskie says on Dec 11, 2008, 14:57:

Probably so, hahaha
Cheers

"Huskie; Many thanks for your comments. Do you intend to post anything constructive here? Are you ABLE to contribute ANYTHING?"an ignorant frenchman named Darloupoo

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sanandressi says on Dec 12, 2008, 11:05:

So they took 50 pesos out of 2300 to the peso and you got 2250? Banks have expenses and fees too and that teller you talked to does not do it for free. Maybe you should thank God or somebody that you have $5,000 to wire to Colombia? Maybe you need a day or to in Siloe Barrio to bring you back to reality?

Nothing personal friend but what is the point of your post? The rate a few months ago was 1500 so what is your beef? "Money for nothing and your chicks for free"?

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