Saturday, May 16, 2009

Nightmare on Limón Street


It has been an absolute NIGHTMARE trying to open a bank account.

Forget about a personal banking account. (Those are next to impossible for anyone without Nicaraguan residency.)

I'm talking about a bank account for the BECA Foundation. Seems like U.S. 501(c)3 status AND official recognition by the Nicaraguan government is not sufficient.

What is going on here?

I've been offered several explanations:
  1. Financial Crisis
  2. Nicaraguan Banking Crisis of the 90s
  3. Overly zealous banking superintendency
  4. "You are missing ___ document(s)." (Insert a number of your choice.)
  5. "You are missing ___ signature(s)." (refer to point #4)
Working in a "developing" country can be challenging -- mostly because one is working in a different culture with different norms, habits, and behaviours.

This challenge is not cultural, as far as I'm concerned. It's just plain dumb.

There. Now I feel better.

1 comment:

  1. LOL!!!

    Yeah! Red tape galore huh? I am experiencing similar circumstances in Colombia... Gotta love the whole package.

    Lisa

    ReplyDelete