Sending and receiving money internationally

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2answers
108 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 She withdrawn that money and used for personal commitments and bought one property.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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2answers
2k 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 ...
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1answer
103 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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1answer
25 views

International Bank Draft Fees

I have received an Internation Bank Draft from a friend in Scotland, made out in Swedish Kroner. I went to my bank here in Sweden and they said it would cost around 60 Euro to cash the cheque which is ...
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1answer
31 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 ...
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1answer
68 views

Will I pay tax in my account in India if I get a transfer from UK from a different party

I stay in India and have a salary savings account here. A friend of mine is making a transfer from UK in GBP to my account in India. Amount is 35000 pounds. Do I face any taxes, legal liability or ...
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1answer
211 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 ...
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0answers
54 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 ...
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0answers
208 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 ...
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0answers
35 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 ...
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0answers
161 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 ...