Open a Savings Account in Rwanda
Maybe you are interested in making investments. Whatever your long-term financial goals are, you must have money to invest. Putting your extra money in a savings account is a great way to accumulate the money you need for bigger investment opportunities while still earning a small amount of interest on it while you wait...
Why is My Bank Asking for a W-9 Form?
What is a W-9 Form and why is my financial institution in Rwanda asking me to sign one? First of all, what is a W9 Form? The purpose of form W9 is to provide your US tax ID, aka TIN: Taxpayer Identification Number, to the person, including a financial institution, who needs to report...
How to Start a Bank Transfer From Your Home Account to Your Rwanda Account
So you want to do a wire transfer? Not a problem, especially if you are transferring large amounts of money. While this is costly, this is one of the safest methods to transfer money. We will walk you through what you need to know. Step 1: Contact your bank at home (you would want...
Why You Need NEW US Dollar Bills in Rwanda
Yes!! It’s true. Basically, Rwanda will not touch your US money if it is older than 2009. Period. There is no bargaining or pleading you can do, banks won’t touch and even shops have been told not to touch it. So, if you bring any old bills…you just cannot use them. The reason is because...
How to Access Your Money From Abroad While in Rwanda
Honestly, this is probably one of the hardest articles to write. Why? Because it seems that everyone we talk with has a different trick and it works differently if you set up a system before leaving the states, verses figuring out a system while in Rwanda. Also, if you have a VPN or not. Some...
