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Cashing travellers cheques at Banks in Santa teresa

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Calgary, Canada
posts: 3
Cashing travellers cheques at Banks in Santa teresa

We are renting a house in Santa Teresa and have been asked to pay the full amount in cash upon arrival. We are uncomfortable with carrying that much cash and are looking for alternatives. Do any banks in Santa Teresa Mal Pais area cash USD travellers cheques? if so, is there a fee? and how long does it usually take? Thanks!

Vancouver, BC
posts: 552
reviews: 8
1. Re: Cashing travellers cheques at Banks in Santa teresa

We had the same issue with our recent rental...what we decided in the end is that we were able to use an atm to withdrawl the entire amount in us funds. I know there are a few atm's where you are going but not sure if there are full banking services that will cash cheques.

what amount are you talking about?

you will love the beaches around the area you are going...we just returned and absolutely loved it! Are you getting a 4x4 vehicle?

lwbc

Santa Teresa, Costa...
Destination Expert
for Mal Pais, Santa Teresa
posts: 1,518
reviews: 15
2. Re: Cashing travellers cheques at Banks in Santa teresa

The banks take traveler's cheques but they take 10% so depending on what you consider to be too much cash....wear a money belt?....try use the ATM? if you are coming straight down to the beach, just wear a money belt with the cash. It is very difficult to cash personal cheques and it takes eons for the cheque to clear if you write one to someone down here, so forget about personal cheques, even if they are certified bank cheques.

The bank teller lines can be 10 minutes or over 1 hr. depending on the day and time of the day and the bank you use. You will need your passport for any bank transactions.

Lake Havasu City...
Destination Expert
for Puerto Viejo de Talamanca
posts: 6,808
reviews: 6
3. Re: Cashing travellers cheques at Banks in Santa teresa

Stay away from TCs if you can, they are a pain to cash anywhere in Costa Rica.

Nowhere
Destination Expert
for Playa Samara
posts: 2,962
reviews: 69
4. Re: Cashing travellers cheques at Banks in Santa teresa

Well, Traveller Checks are like bringing a stone tablet on your trip when you could have brought a digital e-book. They are antiquated, awkward, and often difficult to cash. Even banks will often refuse them if there is as much as a minor crinkle or the slightest deviation in your signature.

Depending where and when you go to the bank, the whole affair can easily take an hour - or more, if it happens to be a busy day.

I have always insisted on doing business via Paypal - security for all involved...

Calgary, Canada
posts: 10
reviews: 37
5. Re: Cashing travellers cheques at Banks in Santa teresa

Follow up question: I have heard/read that ATMs don't always work with all bank cards but that tellers are able to withdraw from foreign cards. Is this the case? We don't want to travel with a lot of cash but if withdrawal isn't guaranteed, it seems to be the only option. Thanks!

Costa Rica
posts: 25,259
reviews: 26
6. Re: Cashing travellers cheques at Banks in Santa teresa

Bank tellers can withdraw cash on your credit/debit cards.

San Jose, Costa Rica
posts: 44,925
reviews: 3
7. Re: Cashing travellers cheques at Banks in Santa teresa

Do not bring TC...they are a really pain...

roadadvisor

Anaheim, California
posts: 13
8. Re: Cashing travellers cheques at Banks in Santa teresa

It used to be the case, that some ATM cards did not work in some machines, now I don't think you'll have a problem, you can check ahead with your card issuer. As previously mentioned, you can always go inside bank and teller will assist you, bring passport. In my opinion this is safer that to carry large amounts os cash with you.

9. Re: Cashing travellers cheques at Banks in Santa teresa

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