Page 4 of 4 FirstFirst ... 234
Results 31 to 39 of 39

Thread: Opening Bank Account - USA Passport for ID

  1. #31
    Bronze
    Join Date
    Aug 2007
    Posts
    1,339
    Post Thanks / Like

    Default

    Quote Originally Posted by bigbird View Post
    Did your neighbor have to vouch for you? Is he well known at the bank?
    I guess he "paved the way" so to speak. I have no idea how well know he is. To me, he is just my neighbor.

    Lindsey

  2. #32
    Regular
    Join Date
    Sep 2008
    Posts
    34
    Post Thanks / Like

    Default reply

    I heard that Scotia Bank was the best. I wonder why not one person on this thread mentioned that bank in their experience???


    Can anyone tell me the exact requirements for getting an account at Scotia
    Bank? I will only have 9 days in the D.R. and eight altogether from the time I start the account opening to the time I leave.


    Can they send something to me by mail if I am in the states when they finally get around to completing my account?


    D.J.
    Last edited by DaveJohnson; 10-04-2008 at 01:49 AM. Reason: None of your business. ;- )

  3. #33
    Regular
    Join Date
    Jul 2007
    Posts
    246
    Post Thanks / Like

    Default

    Quote Originally Posted by DaveJohnson View Post
    I heard that Scotia Bank was the best. I wonder why not one person on this thread mentioned that bank in their experience???


    Can anyone tell me the exact requirements for getting an account at Scotia
    Bank? I will only have 9 days in the D.R. and eight altogether from the time I start the account opening to the time I leave.


    Can they send something to me by mail if I am in the states when they finally get around to completing my account?


    D.J.
    I stopped by a ScotiaBank branch in Santo Domingo two weeks ago to check on what was required to open an account. The customer service agent did not speak English and with my intermediate Spanish, I understood the requirements to be: two bank references from other banks that you deal with and a personal reference from one's home country. It also gathered that they followed up on the bank references, so actually opening an account could take some time............

  4. #34
    Regular
    Join Date
    Sep 2008
    Posts
    34
    Post Thanks / Like

    Cool reply

    by email they told me one bank reference was enough. I sure hope they do not ask me for two when I show up at a Scotia Branch in the D.R. to open
    an account !!!

    Dave

  5. #35
    Music, Rum and Cigars
    Join Date
    Oct 2003
    Posts
    1,836
    Post Thanks / Like

    Default

    what happens if you only have had dealings with 1 bank

  6. #36
    Gold
    Join Date
    Feb 2006
    Posts
    7,732
    Post Thanks / Like

    Default

    than you present only that one record and all will be fine.
    Mike

  7. #37
    Music, Rum and Cigars
    Join Date
    Oct 2003
    Posts
    1,836
    Post Thanks / Like

    Default

    When I tried to do that, the bank manager still insisted on 3 foreign banks...


    My dominican references were no good either... a Dominican laywer who regularly appears on TV, a Santiago college professor and a Dominican army colonel...

    Well I just gave up adn am now using my foreign bank accounts.

  8. #38
    Gold
    Join Date
    Dec 2003
    Posts
    9,770
    Post Thanks / Like

    Default Four years ago

    Quote Originally Posted by bigbird View Post
    mountainannie: How long ago did you open the account?



    I went to Banco Leon, Banco Popular, Banco Progresso, and Banco BHD. They all wanted additional information other than a USA Passport.
    Sorry this took so long.. I opened the account at BanReservas four years ago in Las Terenas. Banco Popular at the time wanted personal reference but BanReservas was fine with just having the passport.

    Since I travel along the border and in small towns, BanReservas was the best one for me since they are often the only bank in town.

  9. #39
    Gold
    Join Date
    Feb 2006
    Posts
    7,732
    Post Thanks / Like

    Default

    i went to BHD Bank with a friend of mine around 10 days ago,
    that friend is new to the island and never had any bank account in the DR, i am myself a regular customer with that bank since many years with my business accounts and private accounts, they requested nothing from him, he presented his passport and opened a pesos withdrawal and a US$-Savings account in his name, the paperwork been done within 30 minutes, he deposited 1.000.- dollars on the dollar account and 50.000.- pesos on the pesos account, the bank did not request those high amounts, if i remember it right the minimum deposits would have been $500.-US and just 1.000.- pesos. they've been completely fine with my presence as 'guaranter', i did myself not need to sign any kind of paper. so i guess that Colonel and the TV Lawyer been not some with a good reputation in the banking 'puter system, lol.
    if you know somebody living on the island since a while who has his bank accounts here, specially when that person runs a business account, go to his local branch together with that friend and it will be hassle free.
    good luck
    Mike

Page 4 of 4 FirstFirst ... 234

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •