From the "Teach an old dog new tricks" Department, Gracias!

by Keytime @, Tuesday, September 20, 2022, 09:52 (11 days ago) @ Talley Ho

That may work for you but for others not so well. Many of us have annual or even quarterly dues for a condo to pay, money coming in from rentals, money to a manager for repairs, etc. By not being there all the time, having a local bank allows the ease of transfer of funds in Peso's and keeps a night tight record of all transactions. When in town, 6-8 months of the year, I use cash for mostly everything. Maybe you live there 12 months and own a home with no dues or ??? and you have a lot of spare time on your hands so going to a bank everyday is like making toast. Others have a different situation.


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