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MONEY TRANSFER IN BOLIVIA

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A money transfer is called a "transferencia de fondos" in Spanish, but most people just say "Quiero enviar dinero", meaning "I want to send money". There are plenty of locations where you can send or receive money using Western Union (almost every major bank in Bolivia has one) and the Banco Nacional de Bolivia and other banks are now also acting as local Moneygram agents.

Some of the bank and credit union branches are found inside supermarkets. You can't receive money without identification, so don't forget your documents if you are going to pick up money sent to you by someone else. You can find these banks and cooperatives in most large and mid-sized cities.

No part of any large city is 100% safe, so when you go anywhere where you will be handling money openly, be discreet, look around and behind you, and don't go alone or after dark if you can avoid it. Most of all, if you don't feel comfortable when you arrive for any reason, trust your instincts and leave. You can also transfer or wire money at most currency exchange houses.

In addition, now almost all DHL offices are also Western Union offices all around the country. DO NOT ACCEPT FOREIGN BILLS THAT ARE TORN because they will be rejected.

See my pages on banks and banking.

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