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Western Union

I use Western Union to send money to Belize to people that do work for me.

Is it not possible to do direct wire transfers from a bank outside the country to the person's bank account in Belize?

I have to do this every month, sending money to Jakarta, Indonesia. Just need the account number and the SWIFT code. Go to our bank, ask for the money to be transferred, they fill out a form, ask me some questions like what is the money for, and then it gets sent directly to my dad's account in Jakarta.

Pretty slick really, but there are fees on both ends, unless there's a certain minimum balance kept in the Jakarta account, then only a fee on my end.

Still less expensive than Western Union, and a lot easier or at least just as easy. But more convenient since I have to get the money from the account here anyway.

I have never had much luck trying to transfer money to someone account in Belize. I give my bank the SWIFT number and account number and they say thats not right.

I have done it 8 or so times in the last 4 years, my bank, then to New York then down to Atlantic Bank, 2 hours and its done. Usually $40.00 going down.

So have I Champ, only I transferred to Belize Bank. The first time was a little confusing and I remember that I had to call for some additional info. But once that was done it was easy. I had the bank save the info from the first transfer and then I would just change the amount and date. The cost at the time was $35. (3 years ago was the last time I did this) Of course now that I've changed banks in the USA I would have to figure the whole deal out again if I needed to go this route. Maybe I could find some old paperwork if I had to do this again.

We are pretty spoiled in the USA. It is so easy to transfer cash electronically if it is going anyplace "in country." I'll bet some day all the banks will be on the same system and this will be nothing to accomlish in a few second of time.

Same here, ragman. Use the same template over and over again.

I want to move my internet company to Belize and be able to accept PayPal from Belize and deposit in Belize bank. Is that possible?

No