Notices

Wire Transfer for trip

Old Jan 9th, 2018, 09:58 AM
  #1  
Original Poster
 
Join Date: Dec 2006
Posts: 102
Likes: 0
Received 0 Likes on 0 Posts
Wire Transfer for trip

Ok, after 3 trips to Wells Fargo I still can't seem to get the bankers to follow the instructions from our tour operator for wiring funds to Bhutan.

Anyone US based care to offer detailed help I can hand to my bank. Anyone specifically do this with Wells Fargo? PM me if you need to

Thanks!
jannan is offline  
Old Jan 9th, 2018, 11:55 AM
  #2  
 
Join Date: Jan 2003
Posts: 33,188
Likes: 0
Received 0 Likes on 0 Posts
I found that the cost of a wire transfer was much higher than the cost of Western Union. I had my bank do a Western Union transfer.
Kathie is offline  
Old Jan 9th, 2018, 12:39 PM
  #3  
 
Join Date: Oct 2005
Posts: 67,225
Likes: 0
Received 50 Likes on 7 Posts
I do international transfers at least 9 or 10 times a year via Wells Fargo (to Russia - so the issue may be different) and most of the branch bankers (not the tellers) know exactly how. Is it something specifically different re Bhutan?

If not, (and if you decide against using WU) talk to the branch manager -- they should be able to do this for you.
janisj is online now  
Old Jan 9th, 2018, 01:06 PM
  #4  
 
Join Date: Jul 2003
Posts: 9,992
Likes: 0
Received 0 Likes on 0 Posts
What about PayPal?



I am not familiar with sending money to Bhutan but I can tell you good luck with WF. We had a nightmare issue wth them simply trying to roll over one of my wifes IRA's. It took over 1 yr.! Finally had to resort to reaching out on their fb page. I found their CS to be terrible CS.
jacketwatch is offline  
Old Jan 9th, 2018, 01:16 PM
  #5  
 
Join Date: Jul 2003
Posts: 9,992
Likes: 0
Received 0 Likes on 0 Posts
And when will we be able to edit our comments????
jacketwatch is offline  
Old Jan 9th, 2018, 01:25 PM
  #6  
 
Join Date: Oct 2005
Posts: 67,225
Likes: 0
Received 50 Likes on 7 Posts
>>We had a nightmare issue wth them simply trying to roll over one of my wifes IRA's. It took over 1 yr.!
janisj is online now  
Old Jan 9th, 2018, 01:40 PM
  #7  
 
Join Date: Jul 2003
Posts: 9,992
Likes: 0
Received 0 Likes on 0 Posts
I really don’t care.
jacketwatch is offline  
Old Jan 9th, 2018, 01:52 PM
  #8  
 
Join Date: Jul 2003
Posts: 9,992
Likes: 0
Received 0 Likes on 0 Posts
And I'll continue to post what I like. Your approval isn't required.

Bye.
jacketwatch is offline  
Old Jan 9th, 2018, 06:26 PM
  #9  
 
Join Date: Feb 2006
Posts: 25,867
Likes: 0
Received 1 Like on 1 Post
I agree that
thursdaysd is offline  
Old Jan 9th, 2018, 06:31 PM
  #10  
 
Join Date: Oct 2005
Posts: 67,225
Likes: 0
Received 50 Likes on 7 Posts
I didn't say you shouldn't post it -- but that anything to do with an IRA is totally separate and distinct from the OP's problem.
janisj is online now  
Old Jan 9th, 2018, 06:35 PM
  #11  
 
Join Date: Feb 2006
Posts: 25,867
Likes: 0
Received 1 Like on 1 Post
... WF is useless. I only wound up with them because they took over Wachovia and I left shortly thereafter. The idiot managing my local branch tried to tell me I couldn't use an ATM only card abroad.

I have used Western Union to send money to India - not in a bank, there was an outlet in one of the local grocery stores.

[Anyone who banks with WF after the scandals over unwanted accounts and credit cards deserves what they get. And on the investment side the fees on their selected mutual funds are outrageous.]
thursdaysd is offline  
Old Jan 10th, 2018, 01:27 AM
  #12  
 
Join Date: Jul 2003
Posts: 9,992
Likes: 0
Received 0 Likes on 0 Posts
I agree thursdysd. WF has a messy overall corporate culture and not just on the investment side.

For the OP I would say change banks.
jacketwatch is offline  
Old Jan 10th, 2018, 01:33 AM
  #13  
 
Join Date: Jul 2003
Posts: 9,992
Likes: 0
Received 0 Likes on 0 Posts
Janis I find your tone very condescending and not just this one time.

Adios.
jacketwatch is offline  
Old Jan 10th, 2018, 03:23 AM
  #14  
Original Poster
 
Join Date: Dec 2006
Posts: 102
Likes: 0
Received 0 Likes on 0 Posts
The wire pings an US intermediary and then the bank in Bhutan--but that is not the ultimate beneficiary, which needs to be inputted somewhere else. Not sure if WU can do this but I will look into it.
jannan is offline  
Old Jan 10th, 2018, 03:41 AM
  #15  
Original Poster
 
Join Date: Dec 2006
Posts: 102
Likes: 0
Received 0 Likes on 0 Posts
Yikes, nevermind. WU rates are 4 times as much as WF.
jannan is offline  
Old Jan 10th, 2018, 05:35 AM
  #16  
 
Join Date: Jul 2003
Posts: 9,992
Likes: 0
Received 0 Likes on 0 Posts
Is a wire transfer the only option? Can you make a bank check in their currency and send it certified or registered mail? I know that’s usually costly but not sure how it compares to WU.

Otherwise good luck with WF. I ended up going to a local WF bank manager during my ordeal and was dissatisfied with his attitude as well. He promised much and did nothing.

I hope you can work this out. It should not be this hard but it’s WF.
jacketwatch is offline  
Old Jan 10th, 2018, 06:35 AM
  #17  
 
Join Date: Jan 2003
Posts: 33,188
Likes: 0
Received 0 Likes on 0 Posts
"WU rates are 4 times as much as WF."

I'm surprised to hear that. I used Western Union when I had to pay for our last trip to Myanmar, and it was less than the wire transfer price. I did the Western Union transfer through my bank. And yes, Western Union can do a transfer to the bank of your Bhutan agent.

Larry, there are many times when a transfer of cash via a wire transfer or Western Union is really the only option. This is one of them.

BTW, do you have a brokerage account? Sometimes they will do wire transfers for less.

(I do agree that you might want to look for a new bank - WF also charges a lot to withdraw money from a foreign ATM. But that is a longer term issue. Right now, you just need to figure out how to get the money to your Bhutan agent.
Kathie is offline  
Old Jan 10th, 2018, 06:50 AM
  #18  
 
Join Date: Jul 2003
Posts: 9,992
Likes: 0
Received 0 Likes on 0 Posts
Ok. Good luck jannan. .
jacketwatch is offline  
Old Jan 10th, 2018, 07:04 AM
  #19  
 
Join Date: Feb 2006
Posts: 25,867
Likes: 0
Received 1 Like on 1 Post
When I tell WU I want to send money to Bhutan, I see that the fee for paying with a credit card goes up with amount of money and can get quite high. However, if you pay from a bank account, although it takes longer, it starts lower, and goes up more slowly. To send %1,000 that way costs $13, and to send $2,000 costs $16. That looks quite reasonable to me and I have a hard time believing WF would only charge $4 unless you have a lot of money with them.

In any case, how much is it worth to get the job done right?
thursdaysd is offline  
Old Jan 10th, 2018, 01:17 PM
  #20  
 
Join Date: Jul 2003
Posts: 9,992
Likes: 0
Received 0 Likes on 0 Posts
I hope jannan this works out for you. If you have tried three times w/o success I do wonder how difficult it would be to just close that account and open another one in a new bank. FWIW Chase has been great to me to deal with in all aspects from the people at the on site bank to the many people I have had to speak with over the years.

Again good luck!
jacketwatch is offline  
Related Topics
Thread
Original Poster
Forum
Replies
Last Post
Betty1
Europe
11
Oct 15th, 2009 04:32 PM
tkmg23
Mexico & Central America
4
Dec 30th, 2008 10:26 AM
mugaber
Africa & the Middle East
10
Apr 3rd, 2008 08:37 PM
tdean
Africa & the Middle East
7
Nov 15th, 2007 05:06 PM
crepes_a_go_go
Europe
13
Oct 21st, 2004 03:53 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Do Not Sell My Personal Information