Jump to content
Chapala.com Webboard

Money Transfer (after I sell my Monet)


Recommended Posts

Its time to buy a new(er) car again.

The last time I did it in 2016 I wrote a cheque for deposit to my Bancomer account. Took forever.

Can anyone recommend one of the new electronic transfer services and what they might charge. My loot is in a Canadian bank.

Thanks for any recommendations and advice.

SunFan

Link to comment
Share on other sites

1 hour ago, SunFan said:

Its time to buy a new(er) car again.

The last time I did it in 2016 I wrote a cheque for deposit to my Bancomer account. Took forever.

Can anyone recommend one of the new electronic transfer services and what they might charge. My loot is in a Canadian bank.

Thanks for any recommendations and advice.

SunFan

You are the second person today on this site that did not proof read their material before posting.  "Monet" - think you meant "Money".

  • Like 1
  • Haha 1
  • Sad 1
Link to comment
Share on other sites

I find the least costly way is to either increase the maximum funding I can put on one or two credit cards from my two Seattle B of A accounts  and use one or two credit cards to buy that car or as I did in 2014 when I bought my then new HONDA CRV from S&S Auto, lakeside. I wired US funds down from my Bank of American checking account to my Mexican bank account which happens, in my case, to be Actinver Bank in Ajijic. And then they wrote for me a certified check for the specified cost in pesos of my car from the seller, S&S Auto.

I got the best rate of exchange for my US dollars when I wired down US dollars to my Mexican account. Then my Bank converted the funds to Mexican pesos

Link to comment
Share on other sites

4 hours ago, EldonNova said:

You are the second person today on this site that did not proof read their material before posting.  "Monet" - think you meant "Money".

Thank you. How was my grammar?

SunFan

  • Haha 3
Link to comment
Share on other sites

5 hours ago, EldonNova said:

You are the second person today on this site that did not proof read their material before posting.  "Monet" - think you meant "Money".

My reading of it was that he was being tongue-in-cheek. How exactly would "After I sell my money" make any sense? Perhaps you have never heard of Monet and didn't get the joke?

  • Like 3
  • Thanks 2
Link to comment
Share on other sites

6 hours ago, EldonNova said:

You are the second person today on this site that did not proof read their material before posting.  "Monet" - think you meant "Money".

I understood it as Monet. It made sense. Money would not make sense.

Link to comment
Share on other sites

If you buy through S & S Auto there is no need to transfer money. Just write a cheque on your Canadian account. 

Link to comment
Share on other sites

I always check which option is best for transferring funds from up north and transferring same in pesos like I did when I bought my CRV from S&S Auto. If I had transferred my US dollars to my Actinver checking account I wouldn't have done as well as I was able to when I transferred funds to my Actinver brokerage account.

S&S also offered a good rate of exchange. I can't remember why because it was seven or so years ago but it was in my best interest to wire money to my Actinver Brokerage account and then pay in Mexican pesos to S&S auto. I remember that my worst choice would be the slightly lower exchange rate the Actinver Bank account offered than the Actinver Brokerage account.

And we are talking about a very small of money saved here. but a few dollars  or toonies saved is a few dollars or toonies saved.

Oh and for those of you don't know, there are two Canadian Loonies per one Canadian Toonie

Link to comment
Share on other sites

10 hours ago, EldonNova said:

You are the second person today on this site that did not proof read their material before posting.  "Monet" - think you meant "Money".

Gee, and I was hoping to make a bid for the Monet. Don't care for his work myself, but my wife is a fan. Oh well, I'll have to settle for the work of R. Crumb.

Link to comment
Share on other sites

22 hours ago, EldonNova said:

You are the second person today on this site that did not proof read their material before posting.  "Monet" - think you meant "Money".

And this is the second unnecessary critical comment you have made today. Take a break, please.

  • Like 3
  • Thanks 3
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...