Foreigners opening a bank account

LindaLynda Member

Member since 14 July 2013

LindaLyndaMember14 July 2013 01:55:33

I am wondering if foreigners can open savings accounts in Bolivia and if so what is the current interest rate?

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karen ViP

Member since 21 June 2013

karenViP15 July 2013 11:29:55

4030

Hello LindaLynda and welcome to Expat.com

A new thread has been created on the Bolivia Forum for better visibility.

Thanks

Karen

nicafyl Active member

Member since 06 April 2011

nicafylActive member15 July 2013 12:40:09

Better visibility? The second post in the old thread had the answer.

karen ViP

Member since 21 June 2013

karenViP16 July 2013 10:51:00

4030

Hello nicafyl.

As you've said it was an old thread. Thus, i've moved the message to create a new discussion in order for LindaLynda to obtain better responses from other members of the Forum.

Thank you for your comprehension.

Karen
Expat.com Team.

3lckr Serial expat

Member since 28 November 2010

3lckrSerial expat27 July 2013 17:29:19

204

No foreigner without Bolivian cedula can open a bank account. Tried and failed. The normal latino "can't say no" will get on the way and you might actually waste some time in some banks but it will not go anywhere. The Bolivian residency is not that difficult at all to get. See the immigration website.

Maximilien ViP

Member since 20 June 2013

MaximilienViP29 July 2013 12:19:59

12633

Hi 3lckr,

Thank you for your contribution

Maximilien
Expat-blog Team

LindaLynda Member

Member since 14 July 2013

LindaLyndaMember14 September 2013 20:33:36

You sound pretty certain. Thank you for your reply. How long were you in Bolivia?
I am currently living in Peru.
Lynda

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3lckr Serial expat

Member since 28 November 2010

3lckrSerial expat17 September 2013 00:21:39

204

I live in Argentina and because of the mess here with the exchange rates I wanted to open an account in USD abroad. Bolivia is not an option unless you want to get a residency there. I found one bank in Paraguay and many banks in Uruguay that would do that (open an account for non-resident).
Cheers!