Changing $$ to soles

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woodchuck
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Changing $$ to soles

Postby woodchuck » Tue Nov 17, 2020 1:04 pm

We are purchasing a home where the $$ is seldom used; they would prefer soles for the transaction.
Any advice how to exchange a significant amount of dollars to soles?
Would the "cambio offices" be interested in participating; how about select banks?
What can we do to not encounter much of a "penalty" in the exchange rate?
Thanks in advance for your help.


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alan
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Re: Changing $$ to soles

Postby alan » Tue Nov 17, 2020 3:50 pm

woodchuck wrote:We are purchasing a home where the $$ is seldom used; they would prefer soles for the transaction.
Any advice how to exchange a significant amount of dollars to soles?
Would the "cambio offices" be interested in participating; how about select banks?
What can we do to not encounter much of a "penalty" in the exchange rate?
Thanks in advance for your help.



You probably missed the most favorable exchange rate we will see in a while, now as politics begin to cool down, but still, it´s a good time exchange dollars.

If you work with a bank, check to see if they will give you a preferential rate. This can be quite competitive with the rate on the street. Other than that, speak to two different cambistas and compare rates. Have them accompany you to the door of the bank so you can make the deposit - or purchase the cashiers check - with greater security.

By the way, there are now apps that are very competitive and safe that you can tie in with your bank account, so you don't need to physically touch the currency at all. Research kambista.com

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