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MissCreoula
Joined: 30 Sep 2005
Posts: 9
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 Posted: Mon Mar 20, 2006 6:15 am Post subject: Newbie in terms of banking while overseas |
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Hi All,
I'm planning on leaving to Portugal in the next couple of months (I'm in Canada right now) to teach. My question is any info on how I can transfer money back home? Or international banking? I was looking into Paypal but not sure if that will work. Any suggestions appreciated 
Cheers,
Miss Creoula |
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Calories
Joined: 17 Jun 2005
Posts: 361
Location: Chinese Food Hell
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| Posted: Mon Mar 20, 2006 10:21 am Post subject: |
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western union  |
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tedkarma
Joined: 17 May 2004
Posts: 1598
Location: The World is my Oyster
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| Posted: Mon Mar 20, 2006 10:48 am Post subject: |
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| If you are planning to make enough money to send some home, get the "ABA Routing number" for your bank back home - before you leave. Your bank in Portugal will know what to do with it. |
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jeffinflorida
Joined: 22 Dec 2004
Posts: 2024
Location: "I'm too proud to beg and too lazy to work" Uncle Fester, The Addams Family season two
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| Posted: Wed Mar 22, 2006 1:20 am Post subject: |
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| tedkarma wrote: |
| If you are planning to make enough money to send some home, get the "ABA Routing number" for your bank back home - before you leave. Your bank in Portugal will know what to do with it. |
The ABA Routing number is found on a check so bring a check with you or open a checking account.
Thats the safest way to do it. |
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memorabilis
Joined: 04 Feb 2005
Posts: 54
Location: Seoul, South Korea
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| Posted: Wed Mar 22, 2006 3:41 pm Post subject: |
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I've never heard of an ABA routing number - my bank (Royal Bank) gave me something called a SWIFT code. You also need the account number, branch number, and address of your branch. This has worked fine for me in two countries (Korea and India).
Also, you should check into regulations regarding sending money out of the country. Some countries limit the amount you can send out (in India it was 2/3 of your salary, and in Korea it's 100%). It's good to know this. |
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MissCreoula
Joined: 30 Sep 2005
Posts: 9
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| Posted: Thu Mar 23, 2006 3:31 pm Post subject: |
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Thanks all for the advice!!
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dyak
Joined: 25 Jun 2003
Posts: 630
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| Posted: Fri Mar 24, 2006 1:43 pm Post subject: |
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| Take a very big suitcase, it's the only way you'll stop them taking commission for moving figures from one computer screen to another. |
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