About mike53

Status:

Expatriate  

Gender:

Male

Currently Lives:

Citizen Of:

United States

Dual Citizen Of:

Germany

Some Forum Posts:

Ecuador: Banking in Ecuador?:

This is not meant petsuade or advise. We have been banking nine years with B.O. GUAUAQUIL, PICHINCHA, AND PACIFICO. NO different than any other bank. Pichincha in Salinas very nice, and Pacifico as well. We have auto pay for CNT(phone, internet), IESS, (insurance), and electric. No problems for years. Wr have money in coop banks listed on the first tier of COSEDE, but havent had a problem yet. We have a friend who was reimbursed for his principal. We average 10% on the invested capital. This is a negotiated figure, as you negotiate everything here. We worry about the current conditions with the banks and credit in ecuador lately, but continue the course we have run these past nine years. This is what we know and do, and should in no way be considered advise for whoever is reading this. However, what is written here is fact, and, yes, ecuador isn't michigan, but it is not mars, either. We have been all over the world, and are amazed by some of the stuff we read here written by people trying to relate to living in another place.

Ecuador: wow:

I have never read so much negative, worthless crud on any site. Ecuador is just a place, and this is not 1860. Moving here is like moving anywhere that is not the place you grew up. I lived in thirty countries, and most of you make living abroad spund like living on the moon, and many responses i read here are caustic, ignorant, and without any merit. Bye bye.

Ecuador: bank and corporitive investments:

I read a lot of posts. We have been getting average 10% for years here, with cosede guaranteed investments. We keep the amounts in each under $30,000.00 in each. I wont try to claim this is safe, but we have collected our interest each month for years.

Date Joined:

4/24/2015

Total Posts:

6

Posts/Day:

0.01