BajaNomad

telecomm- telegrafos

msteve1014 - 7-3-2013 at 11:08 AM

Has anyone used their services to send your self money from your US bank account? With all the talk about high fees with banks, and atms that are out of cash when you get there, this may be an option. The fees on the Wells Fargo side are not bad. I can not find the fees listed on telegrafo web site. I'm sure if you have an atm in your town, ( even Bancomer ), that would be better, but if you have to drive 100 miles to a Bancomer atm maybe the wiring fees don't seem so high.

BajaRat - 7-3-2013 at 06:22 PM

Check out Bank of America Safe-Send.

BajaBlanca - 7-3-2013 at 06:32 PM

Wish I could say we had, but it is only recently that the service came to la bocana. I do know that anyone can open up an account here now and that they can even give you debit cards without too much hassle. Trust me, this is a major improvement!

msteve1014 - 7-3-2013 at 08:53 PM

Quote:
Originally posted by BajaRat
Check out Bank of America Safe-Send.


Is that what you use? Where do you pick up the cash? Any fees on the Mexico end?

Bajaboy - 7-3-2013 at 09:02 PM

Quote:
Originally posted by msteve1014
Quote:
Originally posted by BajaRat
Check out Bank of America Safe-Send.


Is that what you use? Where do you pick up the cash? Any fees on the Mexico end?


I thought Safe Send was cancelled a while back? I did just wire money down to our amigo via BofA electronically. It cost me $35 bucks but considering we don't have a bank here in BA the convenience was worth it. The spread was about half a point as well...no worries, though.

msteve1014 - 7-3-2013 at 10:15 PM

When we built our house I wired money to the builders bank account, Did you send money to be picked up at the telegrafos office?

Bajaboy - 7-4-2013 at 05:29 AM

Quote:
Originally posted by msteve1014
When we built our house I wired money to the builders bank account, Did you send money to be picked up at the telegrafos office?


I sent money to a bank account but I've sent money to telegrafos in the past.

shari - 7-4-2013 at 06:42 AM

one suggestion for telegraph wires is to send it in 5,000 pesos installments because sometimes they dont have much cash on hand and limit transactions so if it's a large amount, they cant cash it. Make sure you have the wire # handy and you just send $ to general list at whatever telegraph office is closest to you.

msteve1014 - 7-4-2013 at 08:01 AM

Thanks Shari, good tip about the cash on hand. Do you have any idea about the cost? I assume a percentage of what is sent.

rts551 - 7-4-2013 at 08:40 AM

We used Western Union to the telegraph office in ABreojos. Don't remember what the cost was and there was a limit because of cash on hand unless we agreed they could hold it longer for cash to be delivered to the office. Fees were only on the US side and were listed on the website.

msteve1014 - 7-5-2013 at 11:54 AM

Thanks for all the input. I sent myself $500 from Wells Fargo, cost $6 on this end. I will update this when I pick up the money and see what other fees are there. It's bound to be better than a 200 mile round trip to David E's favorite ATM.

DavidE - 7-5-2013 at 03:12 PM

May be he is wrong but our local guys says "Only with a Mexican bank account".

Wells Fargo tried communicating with Bancomer* this morning, and from what I was told, are not happy with the rate of rejection of transactions. Never ever get between a banker and their money.

*The network

shari - 7-5-2013 at 03:19 PM

yeah that's why I mentioned that for people who live here, it is wise to open a MEXICAN bank account so you can then have a bank card that works (more often) especially in remote areas...also our telegraph accepts HBCS or HCBS or whatever the hell that bank is so your account card would work here David.

rts551 - 7-5-2013 at 06:14 PM

Quote:
Originally posted by DavidE
May be he is wrong but our local guys says "Only with a Mexican bank account".

Wells Fargo tried communicating with Bancomer* this morning, and from what I was told, are not happy with the rate of rejection of transactions. Never ever get between a banker and their money.

*The network

I thought you said you did things the Mexican way? Sounds self inflicted.

yellowklr - 7-5-2013 at 06:47 PM

Last time I was in Bocana two years ago I was told there would be an ATM machine in the coop very soon.......Guess that never happened...
That would be nice!!!

rts551 - 7-5-2013 at 06:59 PM

Quote:
Originally posted by yellowklr
Last time I was in Bocana two years ago I was told there would be an ATM machine in the coop very soon.......Guess that never happened...
That would be nice!!!

...maybe when they open their new store?

shari - 7-5-2013 at 08:29 PM

soon often means withing a couple years!!! jejejeje

msteve1014 - 7-10-2013 at 11:20 AM

I picked up my cash today. No fees added to the $4 Wells Fargo charged me. I was expecting it to be $6. Online it looks like I could send $1000 for the same $4. The exchange rate was 0.1 peso/ dollar less than I got at the ATMs on the way down. No 200 mile trips to pick up pesos for me.

cliffh - 7-12-2013 at 11:03 AM

Our you from McCall ID, if so I think I helped you tune your dish summer before last, friend of Jimmy Lester. How is the dish working? Spent week with Jim and Robin in may before we left for so cal. depending on time we might slide through La Bocana in Oct. on our way back to EC. Fun travels Cliff and Carol

msteve1014 - 7-12-2013 at 12:06 PM

You are thinking of Scott and Kim, I think. They are not here right now.

rts551 - 7-12-2013 at 12:12 PM

Quote:
Originally posted by msteve1014
You are thinking of Scott and Kim, I think. They are not here right now.


what process on the receiving end did you use, Steve?

msteve1014 - 7-12-2013 at 12:17 PM

I went to the telegrafos office, showed my passport and the transfer number and picked up cash. I think it was the first time for both of us but he made a call and a copy of my passport. No problem.