[Rita]

Hi:
My husband and I established a corporation and bought a piece of land under the corporation name (everyone advised us this was the simplest way to buy land). Last month we came back to CR to talk to an architect about building and decided it was time to have a bank account. We went by ourselves to the national bank, brought our corporation documentation, statement from our attorney certifying that we owned the corporation (because there is no record of corporate ownership in CR) and our local address (which is 2 km from the center of town to the left fork in the road, then 2 more km to the right and next to the neighbor’s finca). It took us almost 2 hours because of the clerk’s broken english and 2 calls to our attorney but we opened the account. It is both a checking and visa debit. The hitch is they like you to make regular deposits so they are comfortable that you are not hiding money or doing something illegal. They seemed happy with $100.00 a month deposit, but that brings me to my question. Does anyone know how to transfer money without a a big transaction fee? You pensionados must know a trick!!!

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