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Old 12-22-2011, 04:59 PM   #1
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Default Sending Money from Cancun to Canada

Hello all,

First of all, Merry christmas and happy holidays to everyone! I have a quick question and hoping someone can help me. What is the fastest/easiest way to send money from Cancun to Canada? For example, could a Mexican have a bank account there and transfer money to a Canadian account, or would they have to go through some other third party, like western union?

Thank you
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Old 12-22-2011, 05:56 PM   #2
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No need to use a third party like Western Union if the person has a bank account. They should just ask their bank to do a wire transfer.
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Old 12-22-2011, 06:09 PM   #3
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Thanks for your reply steve. So to clarify, if the Mexican has a back account in Mexico, the person can wire money from Mexico to Canada?
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Old 12-22-2011, 06:12 PM   #4
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Yes, shouldn't be a problem at all. I've never sent one myself but I do regularly receive wires from Mexican bank accounts to my UK bank account. Shouldn't be any different for Canada or any other country.
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Old 12-22-2011, 07:19 PM   #5
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Yeah its probably the same as if you sent between US and CDN.

Bank will probably charge you a certain amount or x% over the current exchange right for processing the transaction.
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Old 12-22-2011, 07:21 PM   #6
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Okay great! Thank you both
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Old 12-23-2011, 10:03 AM   #7
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I transfer money to my property manager from the US all the time. I think the last time I transfer $1000 it cost me $7.00 USD
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Old 12-23-2011, 10:52 AM   #8
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FYI: Scotiabank is here and it is a Canadian bank. Should make things easier.
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Old 12-23-2011, 12:33 PM   #9
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@Bruce: I know there is a Scotiabank in Cancun and quite a few at that, but I was told that it is different than the one in Canada even though it is the same name/company?) Maybe that was the wrong info. I may consider going to Scotiabank if possible, I will check it out once I am there.

@Kathleen, wow seven dollars for a thousand dollars being sent is a great price, which bank did you go to for that, if you don't mind me asking?

Thank you all for the great info!
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