Sending and receiving money internationally

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1answer
14 views

Remit money from US to India from my travellers account

I am living in the US for a short duration and I have a travellers credit card with one of the banks in India which was provided to me by my company. I want to transfer around $2000 to another bank ...
1
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2answers
40 views

How to get money from India to UAE

I have taken 25 Lac loan in UAE country and remitted this money to my mother SB account through Exchange. She withdrawn that money and used for personal commitments and bought one property. Now due to ...
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0answers
12 views

What are the tax implications to transfer more than 10K from a foreign account, to my US bank account? [duplicate]

I have a questions regarding a large sum of money transferred to a US bank account from Azerbaijan: 2) If a friend from Azerbaijan transfers a large sum of money (more than 10K) into my US bank ...
2
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1answer
384 views

Will it be taxable if I transfer money from UK account to India account?

I am a resident of India and currently in UK for 1 year on a work permit where I am getting salary in Pounds. My Indian salary has stopped till the time I am back in India. Now, I have a Home Loan ...
2
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3answers
148 views

Cheapest way to wire or withdraw money from US account while living in Europe

I'm currently living overseas in Europe. I work as a consultant for a US based company which pays me US dollars deposited to my US bank account. It's getting to be pretty expensive when I withdraw ...
2
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1answer
75 views

Understanding the difference in exchange rates across banks and forex bureaus

I recently moved to Ghana and discovered that the exchange rate at the banks here is somewhere around 3.4 GHS per USD but the exchange rate at all the forex bureaus I visit is around 3.7 GHS per USD. ...
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0answers
26 views

Is it necessary to stamp with company stamp in fund transfer document

When transferring money to another counterparty especially customers through message type MT103, for companies is it necessary for remitting customer (company) to endorse with company stamp? or its ...
3
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2answers
121 views

How do I transfer funds from Lebanon to the USA without penalty?

My parents have funds in a Lebanese bank that they want to transfer to their US bank account. They are being told that there is a 35% fee on outgoing transfers from Lebanon. How can I find out if ...
2
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1answer
138 views

How to get money from bangladesh

The situation Recently we sold some property in Bangladesh. It gained a nice sum of money, but now we are a bit stuck on how to get it out. We can be flexible but prefer to transfer it to a west ...
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2answers
87 views

Is it possible to transfer money from UK bank account to Egypt bank account?

I am working currently in UK and my HSBC uk bank told me that it is not possible to transfer from/to egypt any money, so is that really true? and what other ways I can do so?
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2answers
62 views

I own a vacation rental in the US and a tenant from Austria wants to do a International Bank Transfer.

I trust the tenant, she is known to me, but I would need to email her my bank routing and account #s as well as the "swift" numbers provided to me by my bank. It is the emailing of this information ...
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2answers
962 views

How much tax should I pay in US on interest earned on my NRE a/c in India?

I am a person on H-1B who passes Substantial Presence Test. I have transferred money which I saved from my salary to my own NRE account in India. I think that I can transfer any amount without paying ...
0
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1answer
118 views

Getting money from online websites I own to my UK bank account

I recently moved to UK for a full time job, and I get my salary transferred to UK bank account, and automatically tax calculated. At the same time I own few websites and I get some money from these ...
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0answers
149 views

How can I open a Canadian bank account from within the US? I am a Canadian citizen residing in the US

Can I open a Canadian bank account from within the US? I am Canadian citizen residing in the US for many years. I would rather not travel to Canada just to open a bank account if possible. Does ...
2
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0answers
45 views

Transfer money from Citibank to Norway TT vs Visa withdrawal

I have an account in Singapore Citibank, and I need to transfer some money to my bank account in Norway as big as around 20K SGD. I used to do this last year with TT and ended up paying around 50 ...
2
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2answers
137 views

Conversion of House Sale Proceeds in INR to USD or CDN$ for transfer to Canada

I am a Canadian Resident that just sold my house in India and I understand I can repatriate the proceeds in INR converting to US$ or CDN$ in my NRE account and then move it to my Canadian Bank. Which ...
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1answer
109 views

Ways to get the payment from international client

I just started a Pvt Ltd company in India and have few International clients from Singapore and Thailand. We are into services. What is the best way to get the payment. Do I need Import Export ...
1
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2answers
251 views

How to get money transferred from the United States to India?

My brother has a registered company in the USA and has a payment gateway. Now here in India I need to use his gateway for payment as I am into online technical services and have a registered company. ...
6
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1answer
271 views

Transferring large sums of money overseas

When transferring the past few years of savings from working overseas (over £25,000) to my account in the UK. This is my savings from income I received over the past several years while working ...
2
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1answer
1k views

Transfering money to personel saving account in India

I am currently residing in Qatar since 2 years. I am transferring my salary from Qatar to my personal Indian savings bank account. The amount I used to transfer is used for general expenses. Do I ...
2
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1answer
90 views

How to sell a ring to someone in another country?

I want to sell a ring worth more than 10 000 euros. There is a one guy in France who is interested. I told him I am not in France yet, but will be there probably the next month. He said he is about to ...
1
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1answer
190 views

Transferring money to Indian private bank

I work for a friend overseas who want to pay me through SKRILL (MONEYBOOKERS - PAYPAL like service) in USD. I would have my Moneybookers account linked to my Savings Bank Account in a private indian ...
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1answer
384 views

International wire transfer gone astray

Someone in another country has attempted a wire transfer to my account here in the UK. The wire transfer form, of which I have a copy, shows that my IBAN (international account number) is correct, and ...
1
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1answer
77 views

What are the details needed to receive euros from my company in Germany to a bank account in India

I want to receive Euros from my company in Germany to my savings bank account (HDFC) in India where I work. What are the exact details I have to give to my company in Germany? My company's bank is ...
2
votes
4answers
624 views

How to transfer money to an account on Cyprus as quick as possible

I am a Russian resident currently living on Cyprus. I should provide to local authorities a bank guarantee showing a reasonable amount of money. I know about finances literally nothing, so I was ...
2
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2answers
187 views

Transfer Money from My Overseas Account

I have an account at HSBC in Hong Kong. I want to transfer some money to an account here in the USA. I don't have an HSBC account here but if that is the best way then I can create one. What is the ...
2
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1answer
79 views

Loan in US against assets in Canada?

I have some savings and investments in Canada that I would like to bring into the US. However, I don't want to just transfer the money over, because in that case I would owe departure tax of at least ...
7
votes
3answers
338 views

Is it safe to give someone the following information?

An organization outside of the USA (I'm in the USA) is going to wire money into my bank account and has asked for the following information: Bank Name Bank Address Bank City/State Bank Zipcode Bank ...
4
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1answer
1k views

Do charges made accidentally to the wrong name still get processed?

I have an online shop where I use a payment gateway to process credit card payment. When requesting the payment, I entered my company name in the "Bank Account Holder Name" instead of my personal ...
0
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1answer
122 views

International Inheritance via Trust

My mother is an American citizen living in California - she has had dementia for many years and is legally incompetent to manage her money, but before she was ruled incompetent she put me on as a ...
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3answers
4k views

Do we need to provide correspondent bank information for wire transfers?

I have some bank accounts with international banks like SC/HSBC/Citi. Here is the template which they provide for international wire transfers. Is it necessary to provide Correspondent Bank ...
2
votes
1answer
1k views

Will I have to pay tax in India for a transfer into my account from the US?

Will I have to pay tax in India when my friend transfers money to my bank account in India from US? The amount is $100 USD, and at this time I don't know how the transfer will occur. I am living in ...
3
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1answer
147 views

Is there a law requiring that some amount be held when sending money out of the US?

Is there a law to be implemented January of 2014 that will hold a % of the money you can send out of the US and will there be a limit on the amount you can send out of the US?
5
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1answer
941 views

What happens with an international transfer in a different currency than my own?

My customers are in Germany and I told them to pay the money for me using a bank transfer. I gave them the swift code and the IBAN and other information, but the problem is that I forgot to tell ...
0
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1answer
64 views

Change rates between RMB and U.S. dollars for money transfer between China and U.S

Let R_1 be the change rate from RMB to US dollars when transferring money from China to U.S., and R_2 the rate from US dollars to RMB when transferring money from U.S. to China. Are R_1 and R_2 ...
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1answer
1k views

Economic way to transfer money from China to U.S.?

I am a student in U.S.. My family in China would like to send me some money (about $30k) to me by the end of this year, which can be done by single time or several times if necessary. Is there any ...
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1answer
331 views

What are some way to transfer money from Hong Kong to India on a monthly basis?

I have recently moved to Hong Kong and I have to be outside India for a year or so. I'm new to the money transfer process. I want to send some money, monthly, to support my parents from HK using an ...
7
votes
4answers
1k views

Cheapest way to “wire” money in an Australian bank account to a person in England, while I'm in Laos?

A friend wired me some money when I lost my bank cards a month ago. Today I finally got my new cards and want to wire him the money back. We are both moving around the world. He was in Australia and ...
3
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1answer
4k views

As a US Permanent Resident, how much money I can send from the US to India in my NRE account per year?

I am a Permanent Resident of US. (My wife also has a GC). We both are working (I am in IT and my wife works in a Store). We both share the same Bank account in US. The question is how much money I ...
2
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1answer
898 views

How does remittance work? How does it differ from direct money transfer?

I have a bank account in Germany in which I receive my salary in Euros. I want to deposit a part of it in my Indian bank account for personal savings. My Indian bank account is in INR. As I see it, I ...
1
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2answers
341 views

Business partner says a wire transfer is being “reviewed” by Homeland Security. Is this normal?

My husband has done some consulting for a company outside America. He was told that the company had wired his payment to his U.S. However, his partner told him that the money had "arrived" - but all ...
3
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2answers
2k views

Can wire transfers be reversed? Is there a law or regulation providing for it?

Can wire transfers be reversed? Is this codified into United States or International regulation/law anywhere?
1
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1answer
192 views

What is the most efficient way to transfer money from the UK to a US account also in my name?

I am leaving for the states in around a months time and upon arrival I will be opening a US account. I'm a student and so will be sending around £2,500 each term to the US account from funds that are ...
0
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0answers
156 views

Can I wire transfer US ESPP proceeds to Joint Savings Account in India?

I have a stock plan with Schwab in US, and have some balance due to sale of ESPP shares. This account is in my name only. I would like to transfer the proceeds to a bank account I hold jointly with ...
5
votes
1answer
904 views

Do I have to pay taxes on money sent to me in the US by wire transfer from another country?

I have a green card and I live in the US. I'm starting to do business with people in Vietnam, and they transfer money to my checking account using wire transfers from banks in Hong Kong or Cambodia. ...
2
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1answer
449 views

ACH data for Deutsche Bank, Germany?

For an international ACH transfer as part of the e-gold claims process, I need to specify in an online form: Financial Institution Name Financial Institution Address Financial Institution City ...
2
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1answer
389 views

Overseas fund transfer by certified check

I work as a freelance web developer/designer residing in India. Recently I finalized a deal with a client in Jacksonville, FL for a web design contract which involves a weekly payment. The problem is ...
3
votes
1answer
684 views

As a freelancer, how to receive money from overseas company to my individual bank account in India?

I am working as a freelance software developer. Recently I got a project from an overseas company. I asked them to send money through ICICI Bank Money2India. The first payment made it successfully ...
2
votes
1answer
545 views

How To Transfer Money Online So The Other Person In Another Country Receives It In Cash?

We all are familiar with famous international money transfer service - Western Union. Most use their locally available branches in their country to send money so the other person receives money in ...
2
votes
2answers
6k views

How to transfer large sum from out of country to USA?

Is it easy or possible to do a large sum transfer from Philipines to USA by a Philippine citizen to buy her USA home? What is best or safest practice? I have concern about large sum restriction laws ...