Pallas wrote:Thanks for the feedback. The account is in dollars, not soles.
I looked into the Charles Schwab route, but they require US $10,000 to open an international acct. Again, I'm trying to transfer funds from my BCP dollar acct. to my Bank of America account in the states on a monthly basis.
I had thought that HSBC was no longer serving Peru, but I've seen some branches in Miraflores. Does anyone know if this would be an option as well?
I think the monthly fee might be quite high. My experience is that both the receiving and sending bank take a fee, usually about $20 each. So usually it's better to transfer a lot at once. You also get a better exchange rate the larger the amount. I understand if you have regular payments going out of your bank in the US, that is not an option, but if you find a way to transfer money without incurring these fees, I'd be keen to hear about it.
And I've definitely seen a branch of HSBC on Larco, but I have no idea about their fees for transferring money between international accounts. One thing I'm aware of is that Bank of America has an international account which doesn't incur charges, however I'm not aware of them having any branches in Peru.