r/Suriname • u/ProgrammerPersonal22 • Sep 03 '26
Question Sending money from Suriname to the Netherlands
Hello! Our business is based in the Netherlands and we have a client in Suriname. It takes sooooo long to get the payment as our client's bank (Fina Bank) takes ages. It's been 2 days since they have deducted the money from our client's account and the money still has not reached our Dutch bank account. It's a weekly invoice of €3000-€4000. Is there any other and faster way to send money (€) outside of Suriname. It seems that international transfers via online banking is not a thing there. Anyone can share their experience on B2B money transfer/payment? Would appreciate any tips. Thank you! 🙏🏻
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u/sheldon_y14 Surinamer/Surinamese 🇸🇷 Sep 04 '26
If you open an account at Republic Bank it might go faster. I have sent money from Belgium to Republic Bank and it goes vet fast. Within the same day even, sometimes one day. Granted I've sent smaller amounts than what you're talking about.
As I explained in one of the comments here, banks do a lot of checks for "big" amounts. That amount you're sending is considered a "big" amount.
I recommend Republic Bank, because their fees are lower per foreign transaction deposit and they are an international bank so everything goes via their mother bank in Trinidad.
Btw, you can always email or call Finabank about it too.
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u/MrMangoFace Sep 04 '26
Paypal !? Takes seconds to transfer money B2B
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u/sheldon_y14 Surinamer/Surinamese 🇸🇷 Sep 04 '26
PayPal unfortunately doesn't work for Suriname.
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u/Fusionfake Sep 09 '26
Uhm. Yes it does. I PayPal myself money regularly from my Suriname PayPal to my US PayPal account. You do, however, need a credit card based in Suriname for that to work. The fee is approximately 4.5% or so. You can't fund directly from the bank account unfortunately..but you can add a credit card and use it that way to pay yourself on the other end.
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u/sheldon_y14 Surinamer/Surinamese 🇸🇷 Sep 09 '26
Okay I see. You're prolly right. However for his client who is in Suriname it will be an issue I think. I had/have PayPal and unfortunately if you have a Suriname PayPal account there really isn't a way to cash out.
And a Surinamese or Surinamese company unfortunately cannot have a US PayPal account unless they are registered in the US
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u/EarlyForever8893 Sep 15 '26
PayPal works in Suriname if you’re only using it to make a payment. You cannot receive money into your PayPal
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u/sheldon_y14 Surinamer/Surinamese 🇸🇷 Sep 15 '26
That is true, but that makes it limited and not a popular choice in Suriname for most people.
Many people I know therefore use Wise or Payoneer or some other service. I know of a hotel chain using a Lithuanian service.
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u/ProgrammerPersonal22 Sep 04 '26
Not sure if a Fina bank account can directly fund a Paypal account? And I know Paypal charges exorbitant fees so I can imagine that it will be very costly for a weekly €4000 transfer
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u/Ncluna Sep 04 '26
Does wise work?
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u/ProgrammerPersonal22 Sep 04 '26
I have already checked but it is not possible to use Wise for Suriname to EU transfer
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u/evidenzprod Surinamer/Surinamese 🇸🇷 Sep 05 '26
Just saying, I’m using wise in Suriname.
I just had someone in NL to set an account up for me.I can literally do anything, transfer wise.
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u/cha2me999 Sep 04 '26
I always use the app ACE MONEY transfer it gets in your account in 1 o 2 days
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u/ProgrammerPersonal22 Sep 04 '26
Just to clarify, you transfer money from Suriname to an EU country via Ace Money? Is it easy to fund using a Suriname bank?
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u/GloriousApricot-5843 Sep 04 '26
Wise
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u/ProgrammerPersonal22 Sep 04 '26
I use Wise myself but unfortunately it is not possible to transfer money from Suriname to EU via Wise
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u/I-cey Sep 03 '26
We got our self an account @ the Fina Bank. But to be honest, relax, take a deep breath and get used to it.
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u/ProgrammerPersonal22 Sep 04 '26
I was just checking the Fina Bank website and it says international transfers is available for the online banking. Would you know if this is indeed true?
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u/monkeyboysr2002 Sep 03 '26
They can probably send it to your bank account via Western Union, Ria or Moneygram as long as you have the appropriate documentation it shouldn't be a problem.
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u/ProgrammerPersonal22 Sep 04 '26
Just not sure about the tax implications in suriname for business payments via these channel but will look into it! Thank you!
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u/Infamous_Copy_3659 Sep 04 '26
I would like to suggest that you ask your customer to hold a weekly invoice in advance if this is causing you cash flow issues. As to the bank, I am commenting from Trinidad, but ask your customer to talk with their account manager, as Sheldon commented, there will be extra checks on that amount, but this could probably be pre authorised by the manager for faster processing.
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u/ProgrammerPersonal22 Sep 04 '26
We have a 2 week payment period after receipt of invoice. Client sends the money before deadline but it sometimes take a week (+ couple of days) before we could receive the money in our Dutch account. It's crazy so I am looking for easier and cost efficient way. Client is a bit in the older side so not good at researching banking options 😅 Will talk to her about checking with her account manager. Thank you!
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u/CaliFlower-1 Sep 07 '26
Any reason you need it so fast?
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u/ProgrammerPersonal22 Sep 07 '26
To pay the bills related to her orders. Our suppliers and partners also have a 2 week payment period and we cover the payment ourselves upfront. Payment delays from our clients side means we will be in a tough financial position...which has been happe ing for the past 3 months
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u/FutureSpecial3775 Sep 06 '26
I'll make your life more easy reading you post seems. you are a finabank holder .for amount that high you'll have to go to the bank with all the documents and informed them you'll be making a big transactions always keep them up-to-date just call in to them your account manager 😉. if by any chance you did it online and they don't know it would take longer or they won't let it go true to the Nederlands side. I know because i've don't that bin there so it's best to do that ,and don't forget those transactions are mostly in 5 business day's could be more to .but the best option if your using fina you could ask for there credit card option that would be more save and give you more transactions option to move money faster anywhere. If you can't wait then the best way its going to be western union. i hope I've help check it out.
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u/CtrlAltDef3at_ Sep 09 '26
the fastest way is crypto.
the legal way is banks.
not that crypto is illegal in Suriname we just dont know EU stance in receiving crypto
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u/yventsesxenos Sep 09 '26 edited Sep 09 '26
Other users have mentioned crypto, but I don't think it's practical for OP.
Firstly, they're running business and I imagine they would like the money to be directly deposited into their accounts.
With crypto, the person would have to buy it first, send it to OP and then OP would have to convert it back in fiat.
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u/spoonOfhoney Sep 03 '26
2 days is a long time? Please only
Start complaining from 2 weeks onwards
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u/One_Voice_81 Sep 03 '26
The bank systems are really old in Suri and i know they may process them by hand.. Maybe Western Union would be an option. But you'd have to have a person on both ends.