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20 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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2answers
70 views

IRA transfer - any tax implications?

Assume I have a traditional IRA, which I had previously rolled my 401(k) into. I now would like to transfer to another traditional IRA at another broker (Vanguard). Are there any tax implications to ...
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0answers
75 views

US banks that allow foreign account holders to perform transfers online

I live In Canada and am looking for a bank in the states that allows me to receive money and do bank transfers overseas. Im doing this as a means to transfer money between PayPal and Skrill. I was ...
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1answer
63 views

Advice on money transfer from Canada to South Africa

I am trying to figure out what is the best way to transfer money from Canada to South Africa. By best way I mean the cheapest way and of course the safest way for me. I have found a few weeks ago ...
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1answer
67 views

Transferring assets between Roth IRA accounts

I hit the maximum contribution limit on account A, and cash contributions through the financial institution holding account B are a headache. If I sell some of my stocks in account A and transfer the ...
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0answers
99 views

Transfer of inherited property, removal of joint name?

My father just passed away last month. We had a flat in Mumbai. What are the steps I need to take to transfer it over to my name? I live in the USA so I do not have any idea how to go about ...
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2answers
301 views

Why are bank transactions not instant?

I asked myself why bank transactions take 2-6 business days to complete. How does the internal process of a transaction look like? Isn't it possible to redesign the process so that transactions are ...
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0answers
57 views

Receiving money to a U.S. bank while living in Europe

I need to receive money but I can only receive to a U.S. based bank. Is there a quick way to do it?
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2answers
3k views

How can I bring loaned money back to US from India

I am a US permanent resident and I loaned some money to my father in law in India early last year. I transferred US dollars from my US bank account to my NRI (Non resident Indian) account (Indian ...
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1answer
186 views

Unable to withdraw money from Paypal in Andorra

I live in Andorra. I have an Andorran Paypal account, with a linked Credit Card. The account is fully verified. Right now Paypal only offers cashout withdraw options to USA bank accounts for Andorra ...
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1answer
201 views

How to transfer money from the US to India without paying taxes?

During my tenure in US, I deposited money in Wells Fargo checking account. I had to move to India last year. Now I would like to close the Wells Fargo account and get money transferred to India. ...
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1answer
126 views

Receiving payment as a freelancer in India from different countries

I am freelancer from India providing technical assistance to people in UK and US. I get these numbers from different companies in India who are not able fulfill customers' needs. Is it possible for me ...
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1answer
153 views

My company is changing 401k plan providers. How long should my funds be “blacked out”

My employer is switching 401k providers. The original provider shows that I am no longer invested, with a $0 balance. The new provider tells me that I am not yet invested, but they do have the funds. ...
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1answer
284 views

Transfer money from NRE account to a local Indian account

I am currently in US and I generally transfer money to my NRE account in India. I was wondering if I could transfer some of it to my mother's local bank account. Will she have to pay any tax if I ...
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4answers
715 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 ...
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2answers
96 views

Is an in-kind transfer of existing shares into a Stocks and Shares ISA allowed, i.e. without selling + repurchasing?

Normally, the way to fund a Stocks and Shares ISA is to transfer money in, taking care to stay below the annual limit, and then purchase the stocks or funds from within the ISA. What happens, though, ...
2
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1answer
93 views

Sending money from US to China

I receive money in the US for recruiting students here in China. I have a BOA account and it was free for me to use the ATM machines at China Construction Bank. However, CCB started charging a 3% ...
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2answers
211 views

Can i transfer money via Indian bank atm to citibank account?

I have a Bank Account with Indian Bank. Is it possible for me to transfer money from my Indian bank account via atm to Citibank Account? If Yes what the steps to do this.
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1answer
1k views

Can a Canadian resident in the US transfer funds from one RRSP to another?

Once a Canadian resident moves to the U.S., the most common tax advice is to leave any RRSP in place in Canada because attempting to convert to an IRA or otherwise withdraw the money has some horrible ...
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2answers
722 views

What is the effective interest rate on a credit card that offers 0% interest with a 4% balance transfer fee?

I'm about to do a balance transfer that has a fee of 4%. It gives me 0% interest for 14 months. Is it just a straight calculation of 4% for the year or is there another calculation that I need to ...
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1answer
96 views

How are bank accounts linked to other accounts?

How do services like Square link bank accounts to people's personal accounts? Is there some API they're plugging into? Is this the same as ACH?
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0answers
100 views

Are there tax implication on buying US stock while on a job transfer?

I work for a startup company in San Francisco and will be transferring to our London Office in April. Right now, I have vested a little over half of my allotted shares with the company, but have yet ...
5
votes
1answer
840 views

Moving current employer 401k balance into self-directed solo 401k?

Let's say my employer offers a 401k. In general, this means I can only pick from a basket of funds to invest in. I prefer self directing my investments, and my broker offers a no-fee solo 401k. I ...
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1answer
1k views

Is it possible to transfer stock I already own into my Roth IRA without having to sell the stock?

My cash is already in the stock. Can I just transfer the stock to my Roth IRA?
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2answers
2k views

How to correctly transfer my RRSP account to a new self-directed RRSP?

I have a RRSP through Great West Life, but want to open a Self directed RRSP through CIBC. Can I transfer this GWL RRSP to a CIBC self directed. If so how to do it.
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1answer
5k views

Can I transfer money from my prepaid Visa gift card to my debit card?

I bought a prepaid Visa gift card to add money on my phone account. It turns out I can't do this because the gift card can not be processed by my phone company because the card does not have my ...
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2answers
596 views

Money transferred to an account in error

Just for reference, this is um, theoretical. What is the legal/banking position if an employer transfers a large (very) sum of money into a staff members bank account? Is said person obliged to ...
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4answers
7k views

Can I move my 401k to another country without paying tax penalty?

I might want to move the money in my 401k from US to Canada. I do not work with my previous employer anymore, but now I am self-employed. Can I do this without incurring penalties?