My bank doesn't charge fx fees but I'm not from the US. It still seems like USD cash > Blue rate is the best option if available. If banks reduced the withdrawal fees and increased limits past 3000 then it would be very close financially.Somewhereinba....banks, foreign exchange houses, etc always take a piece of the pie because they are in the business of making $$$. I have no quarrel with their practices. My alternative is to bring US$10K in cash every year which I do. This year I need additional $$$. But some expats do not travel back and forth to the US every year.
HUH?It's been posted here multiple times:
If you[background=rgb(252, 252, 252)] have someone in the states who can send you $2999 ( transaction limit ) using [/background][background=yellow]Ria[/background][background=rgb(252, 252, 252)] money transfer you can pick it up in either dollars or pesos. [/background]
[background=rgb(252, 252, 252)]There is only a $10 fee if it is sent directly from a bank account. [/background]https://www.riamoneytransfer.com/
[background=rgb(252, 252, 252)]Do people continue indulging the local banks in order to be able to express their dismay on the forum?[/background]
[background=rgb(252, 252, 252)]The best and cheapest solution has been explained by Macanudo long time ago - I believe the annual limit is $20000K.[/background]