Sunday, February 13, 2011:
This morning I had set up a meeting with the Vice President of Banco Pichincha. This bank is the largest bank in Ecuador and I was meeting with him in order to discuss some financial issues with the Quito Barrio Outreach organization that I’m helping out with here and also some advice for the rose business.
He figured out that if the QBO wants to transfer money from the US to here without a huge charge (like you normally have to pay when transferring funds one country to another), QBO could set up an account with the single location they have in Miami. They could then use this as a transfer account in between the normal US account and the account that Father Don can access. It would only be a 2% charge then.
I then ran my rose business idea by him and he seemed interested. Most of the conversation consisted of what taxes I would have to pay, how I would transfer money, and how I could minimize costs doing business abroad. It was all very insightful from and extremely intelligent individual.
The rest of the Sunday consisted of doing homework, then I went to church at night. I still don’t understand exactly everything that they’re saying in the mass, but I’m slowly getting better. I go every time I’m not on an excursion here. I have to keep myself well rounded.
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