Arubabank Increases Non Resident Account Charges to $35 per Month

[annf]

elephant_guy Thank you very much for this information about CIBC. Very helpful to read a report from an actual client. Gives me info to ponder!

[elephant_guy]

Looks like an increase from October in most CIBC Bank Personal Banking Charges.

It's now AFL 7.50 for a Florin Chequing Account up from AFL 3.00.
US Dollar Chequing Account is US Dollar $15.00.

Not ideal but still looks far more attractive than either CMB or ArubaBank.

https://www.cibcfcib.com/schedule-of-charges

Mick

[flpctc]

Thanks for all the info about banking etc.
"Thinking" well planning to buy in Aruba but looks like the US money and banking in general plus paying bills is a little tricky.
I don't plan to rent out but what about the property management option. Is that someone you get from your own community ?
For instance looking at Gold Coast, would they have someone there to hire even if I'm not renting?
In general what is the cost? Would I need to open up a bank account in Aruba anyway?
So much to learn Thanks All
PC