Transferring money electronically between accounts.

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3
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0answers
39 views

Swedish krona to Euro

I have 1 million SEK in a Swedish bank account which I wish to transfer to my bank account in a country using the Euro. How do I transfer this money so as to avail of the best possible exchange rate? ...
0
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0answers
41 views

Money send more than 15 lakh rupees per month by me is it going to be problem for me [on hold]

I am living in Saudi Arabia from 25 Jan 2008 to till date. My salary is 110000 rupees per month. I have some friend they are working 600 km from city. They tell to me send money for them also. In this ...
0
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0answers
35 views

Is it possible to transfer money from paypal to any master card?

One of my client offers me to pay through paypal , but paypal is not supported in our country . I have a master card which is provided by payoneer . Is it possible to transfer fund from paypal to my ...
1
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1answer
40 views

Is there any tax in India for money from Saudi Arabia

I work in Saudi Arabia, I took a loan here, nearly 10 lakhs Indian Rupees (1,000,000 Indian Rupees) and already transferred to my NRE account in India. My questions are: Is this amount taxable in ...
2
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1answer
35 views

How important is the beneficiary field in a bank transfer in the Euro zone?

When doing a bank transfer in Germany (and probably by now other countries that have Euro with IBAN and BIC) you have to give a beneficiary. In German, that is either called Kontoinhaber or ...
3
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1answer
37 views

401k Transfer After Business Closure

I worked at a company for 4 years; they had my 401k set up through paychex. My paychecks started bouncing and soon the business was closed (it was part of a franchise and individually owned). A few ...
1
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1answer
41 views

Fund transfer from NRO to NRE a/c

I have transferred money from overseas to Indian savings a/c. when I went back to India I have opened NRE a/c and status of my savings a/c changed to NRO a/c. My question is can I transfer fund from ...
0
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2answers
194 views

A way to store money in something like a credit card without my name on it? [closed]

I need to travel abroad, and one of the ways I thought I could easily take money without it being in a form of cash is to buy something. Gift cards obviously is a bad idea - it's limited amount ($100 ...
1
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1answer
25 views

Taking tax paid money back home to India from Singapore

I have worked in singapore , 30 months and paid all my taxes. I hold an NRO account in India. I do not have any NRE account. I need to transfer my post tax paid saving to India bank as I return home. ...
1
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1answer
66 views

Inexpensive Method of International Swift Transfer for Low Dollar Amounts?

I am dealing with a beareaucratic government office in Europe in order to get some family records. They will only accept SWIFT transfers and have provided me with two different accounts I need to send ...
2
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1answer
78 views

Pros and cons of different methods to transfer money from India to the U.S.?

I live in India, and I'd like to transfer money to a friend in the U.S., to settle a debt. Which of the following options work well: Give a rupee-denominated cheque. This would be denominated in ...
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1answer
55 views

How can I simplify my interactions with my online brokerage for buy, selling, and rebalancing mutual funds?

Whenever I want to buy or sell mutual funds, it ends up being a multiple day process for me. For example buying mutual funds: Visit my brokerage account and have them transfer the funds in from my ...
3
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2answers
83 views

Do IBANs have error correction built in?

I recently became the bursar of my sports club. My most frequent duty is to make payments. I get a bill, usually on a piece of paper, log in into our bank's online banking interface, and make a SEPA ...
1
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1answer
135 views

Sending funds to someone with no bank account

My nephew is getting released from jail in about 30 days, and lives in another city. My brother has agreed to send him funds to obtain a living space from his account that my brother is now the ...
2
votes
1answer
152 views

Legal way to give money to friend in USA and take equivalent amount in India

Is it legal to give money(USD) to a friend in USA and take equivalent amount in India? My friend is planning to buy a house and he wants some money in USA. He has the equivalent amount in India. ...
1
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2answers
154 views

Are there any implications if I do not report an Indian bank account during U.S. tax filling?

I have an Indian savings account to which I send money from the U.S. Over the year the maximum amount I sent was less than $10,000. I would like to know whether there are any complications if I don't ...
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1answer
82 views

Tax implications of transferring money to New Zealand from USA?

I want to transfer over $USD10K to New Zealand from the USA and am wondering if there is any tax implication? The money would be going from myself to myself.
0
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1answer
48 views

What is the most convenient way I can accept money transfer online? [closed]

I've made a deal with a person over email. He needs to send the payment online (around $3000), what is the quickest way I can make this happen? I need to be able to accept this transfer by tomorrow.
0
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2answers
62 views

What is the minimum information someone would need to know about me to wire money out of my brokerage account?

I'm doing my taxes and preparing my own statement in lieu of a 8949. My broker has provided me with a statement that has a lot of information on it. My first thought was just to mail the statement to ...
2
votes
1answer
101 views

Transferring money from Indian NRE account to UK

I am living in the UK and I need to get some money from India to UK to purchase a property. My father will be gifting me the money and he has the money in his NRE account(he is NRI).IS there any tax ...
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2answers
264 views

NRI in US, how to receive money from India to US

I transferred money to my parents as Gift 3 years back, now they will be helping me with some money here in USA. My parents are in India and want to send me some amount here in USA. Is that fine, any ...
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1answer
45 views

I'm working in London and I'm earning in GBP how can I transfer the money to India what taxes would be incurred

Kindly inform me how could I transfer the money from UK and I'm working there for 4 years and does it cost the tax and how much.
1
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1answer
43 views

Dollar transfering from australia to India and back to Australia

If I send Australian Dollar to FCNR in India, which I have already paid tax here, then when I bring back the same amount to Australia in a few years, do I have to pay tax again here?
3
votes
1answer
96 views

How can I find a checking account that allows for automated transfers of dynamic amounts?

Paypal provides a service called "auto-sweep" that allows you to regularly, automatically transfer the entire balance of your Paypal account into a linked bank account. Automated transfers of a fixed ...
1
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1answer
366 views

Income tax implications in India: sending money to ordinary OWN saving bank account

Could someone help on following: Please consider I am on work permit In EU and have not worked a single day in Inida in entire financial year Would I have to pay income tax other then TDS on ...
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0answers
95 views

About stamp scrip - Are they useful?

Today I was reading an article on the guardian and it more or less suggested the usage of stamp scrip. To my understanding stamp scrip is a piece of paper that has a nominal value in dollars, on ...
0
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1answer
387 views

How to send full loan amount to India from Saudi Arabia?

I work in Saudi Arabia, I took a loan here, nearly 10 lakhs Indian Rupees (1,000,000 Indian Rupees). My questions are: How to send the full loan amount from Saudi Arabia (money exchange), because ...
2
votes
2answers
507 views

Transfer of property proceeds from india to USA

I am a U.S. citizen currently in Hyderabad for the past 3 or 4 years. I am not working and have no income in India but have Social Security monthly pension in U.S. (below taxable limit in U.S.) and ...
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2answers
117 views

How is money transferred between banks? [closed]

Assume there are two separate banks, bank A and bank B. There are also two people: Person A, Person B. They accounts have the following balances: Person A: 400 Person B: 0.00 Person A in order to ...
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2answers
693 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 ...
0
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1answer
96 views

Tax on transfer of funds to USA

I m Indian citizen, living in a African country. How much tax liability will be there on transfer of funds to USA from this African country? Moving to USA is due to employment.
3
votes
1answer
414 views

What is a best way to take earned money from abroad to India?

I am a Indian citizen. I am going to work in UK for some years. I am looking a best way to send my earned money to india. the options are, 1) Saving the whole money in UK and get back all in a bulk, ...
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2answers
266 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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0answers
26 views

How safe are withdrawals made using checking account number and routing number? [USA] [duplicate]

I am new to the US banking system and it makes me wonder how easily third parties like xoom.com can withdraw money from your checking account with only the account number and routing number. I ...
2
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2answers
407 views

How can we confirm if a telegraphic transfer has been credited to the beneficiary's account?

A while ago, I made a foreign telegraphic transfer from a bank account in Bank A to another bank account in Bank B. Bank A then sent me an 2 email; one confirming that they have received my FTT, and ...
7
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1answer
2k views

Best way to transfer abroad loan amount to Indian parents Savings Account

Can you pls advise: I am working in Dubai, and applied for a loan of 25Lakhs, I would like to use this funds to repay my personal loan (to relatives) and want to buy a land with left out money. I have ...
4
votes
1answer
802 views

What are the options for transfering money when moving to the US?

So I'm moving to the US in august porting a J-1 visa for a year long exchange program. I need to take money with me and currently, all I have is a Brazilian banking account and an international credit ...
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0answers
15 views

Best option for transferring Euros into Indian NRE account? [duplicate]

I have a bank account in EU in euros and want to remit some funds to my Indian NRE account. What is the most efficient way to remit the funds to my NRE account: Which methods give the best currency ...
2
votes
1answer
419 views

Reversing Electronic Transfer of Money

Suppose a friend sends me $500 through Chase Quickpay, and I accept it. The money goes into my account, and is available for further sending/withdrawal. Is it possible for Chase to reverse the ...
3
votes
1answer
654 views

I am an Indian citizen residing in the US on H-1B. Can I send my earnings to India to my regular Savings Bank Account?

I am in the US on H-1 B. I understand NRE, NRO and FCNR accounts are available to the Non resident Indians. But can't I continue to use my regular Savings Bank Account for sending money to India? ...
2
votes
1answer
83 views

Canadian accepting money electronically from Americans

What are some methods I can receive money from someone in the States if Paypal is out of the question? I run a small electronic cigarette company, and I'm finding it hard to find an easy method to do ...
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1answer
348 views

Sort Code, Account Number, but no account name

I'm trying to pay money into an account. I have the Sort Code and Account Number, but no account name. I know the company that owns the account, but I'm sure they have MANY accounts. Can I put just ...
4
votes
2answers
9k views

I Lost $1000+ on EntroPay - How should I best pursue getting my money back?

I wanted to buy a laptop from Lenovo shop, but it turned out they were not accepting my card, so I went on to the EntroPay. This website, as it mentions, provides Virtual Credit Cards for online ...
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2answers
599 views

Is amount transferred by third party to savings account considered as income?

If my friend transfers (using Third Party Transfer or NEFT) some money to my savings account, does that amount count as my transfer income and do I have to pay tax on it?
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1answer
456 views

Are U.S. aliens international money transfers taxable?

I am U.S. alien by L1 visa. I have savings in a country of residence and going transfer them to U.S. bank account. Should I report them? Are money transers taxable? Who is authorized to give me ...
3
votes
4answers
285 views

What are some options for sending and receiving money electronically?

I occasionally sell items via Kijiji and Craigslist in Canada, and while cash is convenient sometimes it's easier to do electronic transfers, or even have the ability to accept credit card in person. ...
0
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2answers
2k views

How can I transfer the money I made in forex trading to my bank account?

I live in India and I have gained some money in forex trading. How can I transfer the money to my bank account? Is there any legal restriction? Can I transfer from Skrill?
1
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1answer
267 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 ...
2
votes
1answer
574 views

Getting paid as a Mexican independent contractor doing work for a U.S. company?

I have been offered a remote job for a serious but small U.S.-based company. I am Mexican and I won't move to the U.S. The company tells me that hiring me as an employee would be a big problem for ...
1
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1answer
145 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 ...