Posted on February 3rd, 2008 by Angela Passman
IRS Winning friends among local bank officials!
The sign of things to come: Banco Cuscatlan now requires citizens or resident aliens of the United States to fill out a W9 form for personal accounts at the firm’s banks in Costa Rica.
Why? Because Citigroup bought Grupo Cuscatlan from Corporación UBC Internacional S.A. for $1.51 billion in cash [...]
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Filed under: Banking in Costa Rica, Leaving Costa Rica, Living in Costa Rica, Money in Costa Rica, Moving to Costa Rica, The Dark Side, Working in Costa Rica
Posted on June 12th, 2007 by Angela Passman
I read this on one of the other blogs here in Costa Rica and had to share it as it was so true and on the mark.
Thank you Saratica for this contribution to my day www.abroadincostarica.com
Ethical Dilemma. Sorta.
I went to the ATM last Thursday with my mom. You put your card in, you punch in [...]
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Filed under: Banking in Costa Rica, Living in Costa Rica
Posted on April 12th, 2007 by Angela Passman
Banks in Costa Rica include both private and public banks, with each alternative offering its benefits and drawbacks. The four public banks can be slower, with longer lines-especially durning the lunch hour, at the end of the day, and on pay day-but are making efforts to increase efficiency and tend to offer better access with [...]
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Filed under: Banking in Costa Rica, Business in Costa Rica
Posted on February 7th, 2007 by Angela Passman
Costa Rica’s banking options include both private and public banks, with each alternative offering its benefits and drawbacks. The four public banks can be slower, with longer lines-especially durning the lunch hour, at the end of the day, and on pay day-but are making efforts to increase efficiency and tend to offer better access with [...]
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Filed under: Banking in Costa Rica, Living in Costa Rica
Posted on June 19th, 2006 by Angela Passman
To open a bank account in Costa Rica, you will need a letter from your bank in the US stating that you are in good standing with the bank. You will also need a copy of your passport and a letter of recommendation from someone in good standing with a bank here in Costa Rica. [...]
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Filed under: Banking in Costa Rica
Posted on June 12th, 2006 by Angela Passman
Credit cards are widely accepted, especially in upscale or tourist-oriented businesses. Visa is the most widely accepted card, with Master Card a close second and venerable American Express a distant third. Conversion is at the official exchange rate, though merchants may tack on a surcharge of 7% to offset the amount they are charged by [...]
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Filed under: Banking in Costa Rica, Living in Costa Rica
