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#370948 - 03/18/10 08:39 PM US Funds Transfer to Belize Bank  
Joined: Mar 2010
Posts: 18
Cord Offline
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Cord  Offline
I was told by my bank that I can use my debit card to get a cash advance from a Belize bank and this would bypass all the fees my bank would charge.

Can I get a cash advance using a US Debit Card?

I was also thinking I could just wire the funds to the Belize Bank, but not sure about that.

The main reason is I plan on staying in Belize for a few months but didnt think it would be a great Idea traveling with a lot of cash.


On my Way!!
#370951 - 03/18/10 08:43 PM Re: US Funds Transfer to Belize Bank [Re: Cord]  
Joined: Feb 2004
Posts: 2,169
collyk Offline
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collyk  Offline
You can just use an ATM.


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Belize Wedding Photography

#370956 - 03/18/10 09:10 PM Re: US Funds Transfer to Belize Bank [Re: Cord]  
Joined: Aug 2000
Posts: 593
gailtor Offline
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gailtor  Offline
Not sure about US bank accounts, but we (Canadian bank account holders) do pay a service charge for using a debit card to withdraw funds from a Belize bank. Of course, we also pay the conversion rate to exchange the Belize monies to US funds BUT soon it appears that we will get a better rate.. smile
As you say, you don't want to carry around too much cash, so a better option.

#370957 - 03/18/10 09:35 PM Re: US Funds Transfer to Belize Bank [Re: gailtor]  
Joined: Mar 2010
Posts: 18
Cord Offline
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Cord  Offline
I know about the atm but there is a fee for every atm transaction plus 3%. Not to mention the transaction limit. I was hoping to get a larger figure say, 500 US or 1000 Blz by going into the bank for a cash advance.


On my Way!!
#370958 - 03/18/10 09:50 PM Re: US Funds Transfer to Belize Bank [Re: Cord]  
Joined: Jan 2005
Posts: 199
renski Offline
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renski  Offline
is there someone that can tell me what it costs per SQUARE FOOT to build in San Pedro ???

#370959 - 03/18/10 10:02 PM Re: US Funds Transfer to Belize Bank [Re: Cord]  
Joined: Oct 2007
Posts: 3,254
azbob Offline
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azbob  Offline
Cord check with your bank. I'm with BofA and there is a charge for ATM withdrawal in Belize when i use my card. If you want to establish a Belize bank account, check the banks web sites for requirements: 2 letters of credit, etc.
http://www.belizebank.com/


"Hold on Tight To Your Dreams" ELO
#370967 - 03/18/10 10:47 PM Re: US Funds Transfer to Belize Bank [Re: azbob]  
Joined: Mar 2010
Posts: 18
Cord Offline
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Cord  Offline
I did read that about opening an acct in belize. As for the Belize transaction fee I have no problem. Its the US transaction fee of $5 UD and 3% that I dont like.


On my Way!!
#370977 - 03/18/10 11:48 PM Re: US Funds Transfer to Belize Bank [Re: Cord]  
Joined: Apr 2006
Posts: 837
*I Do* Belize Weddings Offline
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*I Do* Belize Weddings  Offline
bring travelers checks then if you are concerned about bringing too much cash.

#370996 - 03/19/10 09:31 AM Re: US Funds Transfer to Belize Bank [Re: *I Do* Belize Weddings]  
Joined: Apr 2009
Posts: 514
CaptOneIron Offline
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CaptOneIron  Offline
Get a Capital One credit card and although there may be an ATM fee they do not charge the ridiculous 3% that most of the others are charging.


Captain One Iron
#371000 - 03/19/10 09:59 AM Re: US Funds Transfer to Belize Bank [Re: CaptOneIron]  
Joined: Mar 2010
Posts: 18
Cord Offline
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Cord  Offline
Travelers checks are OK at the bank. I read that it takes 6 weeks for them to clear from Belize and no body wanted them.


On my Way!!
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