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Sending and receiving money internationally

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1answer
10 views

Why there are a difference in currency conversion rates?

When looking the USD/BRL conversion rate I see a rate more or less 1 USD = ~ 3.90BRL. Then when I want transfer my from my contractor (in USD) to my local account (in BRL), I wait for a day with ...
1
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2answers
29 views

International Wire Transfer Currency Conversion

If I wire money internationally say from my Israeli account to a US account does the money currency change from ILS to USD after the money have been sent? Or does it stay in the same currency unless I ...
2
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1answer
47 views

Transfer money into the US--reporting requirements

I have a bank account in the United States from the time when I lived there. I am not a US citizen and I have not lived in the US for several years now. My in-laws are planning to send a large sum to ...
1
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2answers
39 views

International to U.S. wire transfer

Is there a limit by government regulations on large amount transfer from international account to U.S. account. Same person on both accounts. Or is limit set by bank?
1
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1answer
106 views

How can I legally sell this property abroad?

I have a property in Bangladesh worth around £500k. I built this property legally many years ago however I moved to the UK around 18 years ago. When I moved, I had changed my name legally meaning ...
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1answer
31 views

How to receive funds from outside India in Personal Indian Bank Account number?

I have an account in HDFC bank at Gurugaon district of Haryana. Now I have to receive the money from some foreign party , Can I accept the payment in above account? Will there be any TDS deduction ? ...
1
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1answer
40 views

Sale of a home in Thailand and Repatriating Funds to US

My wife and I purchased a home in Thailand 5 years ago and we lived in it for about 40 months. The property was purchased in my wife's name since I am unable to own land in Thailand. We Purchased ...
1
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1answer
77 views

How can I accurately anticipate wire transfer fees from intermediary banks?

When sending an international wire transfer, the transmitting and receiving financial institutions both (usually) assess fees associated with the transfer. These fees can be accurately anticipated by ...
2
votes
1answer
82 views

Last 3 Digit Swift Code Entered Wrong Branch Than It Should Be. What should i do?

I sent a payment through international bank transfers with the last digit of BIC/Swift Code different that it is supposed to. The IBAN and account holder name are correct. The last 3 digits of BIC/...
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2answers
42 views

Cost to transfer funds from Philippines bank to US bank from real estate sales proceeds [closed]

I am a US Citizen living in California, who is currently in the process of selling a piece of land that I own at the Philippines. 20 years ago, I bought a piece of land for P250,000 pesos. I am ...
0
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2answers
54 views

Will it be faster if I give someone in another country a Cashiers check (as opposed to a personal check) in USD to deposit it in their account?

I have a US bank account and the other person in a south Asian country does not. What are the fees involved?
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0answers
29 views

Tax laws for Transferring money from India to USA [duplicate]

My mother is a green card holder who has been filing FBAR here in the US. She is my dependent and I am a US Citizen. She would like to close her accounts and bring her money to the US. She has less ...
0
votes
1answer
93 views

Transfer money from UK bank account to Pakistan Foreign Currency account

I was a student in UK last four years. Now I moved to Pakistan permanently. I saved a lot of money there in my UK bank account. Now I want to keep that money in pounds, therefore I am thinking to open ...
0
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0answers
34 views

How to transfer common stocks from a broker in France to a broker in the United States?

I have some stocks in a brokerage account in France. How can I move them to a brokerage account based in the United States?
0
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0answers
84 views

Is it possible to withdraw money from etrade.com (after selling stocks) to a Transferwise Borderless account?

I am a non-US citizen, having completed the W8-BEN form on etrade.com. Is it possible for me to transfer my money from etrade.com, to the USD account corresponding to the TransferWise Borderless ...
0
votes
2answers
75 views

How does cash move between exchanges?

I know that money exchanges work on the principle of selling foreign currency for more money than they are buying it. In an ideal market, there would be an equilibrium in the money being imported and ...
2
votes
1answer
81 views

Transferring funds to India from US

I am an Indian citizen ending my PG studies in US as I'm unable to return to the US after an overseas trip because of visa issues. I wish to transfer savings from my US bank account to a savings ...
0
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0answers
40 views

Gift money transfer from UK to US

What is the maximum amount of gift money that a relative from UK can transfer to my account in US as a citizen without any accompanying tax implications?
4
votes
2answers
125 views

Sources of international wire charges?

A person in China wire transferred X US Dollars (after fees & charges of the sending bank) to my Capital One 360 checking account in the US, and the amount I received was X-15 USD. When I contact ...
-2
votes
1answer
103 views

I have money in a bank in South Korea and need to get it to the United States

I live in the United States. How do I transfer the money here without going to Korea to pick it up? I tried opening an account with World Bank but the money doesn't get to me even though the bank in ...
1
vote
0answers
44 views

Is it possible Receive Money from Authorize.net direct to bank

i have a question. I just work for my client that currently stay in Dubai, after the project done they said want to send me the money. They ask for my bank account, swift code, my name and address. ...
0
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0answers
49 views

How to cash USD vouchers without paying more banking fees than sending a postal package containing cash?

I worked for a company based in the United States as part of a non-commercial activity (I mean the income is not taxable to the IRS and thus I can’t get an itin or ssn in order to open a bank account)....
2
votes
3answers
840 views

how to transfer inheritance money to US legally

I have inheritance from my mother in India and would like to bring in USA. I have NRO/NRI account in India. I am aware of 15CB & 15CA forms need to complete. I know that legally I can bring $10,...
3
votes
2answers
647 views

How can I send dollars to a person in Venezuela?

Is there any way to send US dollars to a person in Venezuela? As I understand it, there is crazy inflation in Venezuela right now and the "official" rate for dollar to Bolivar exchange is wildly ...
6
votes
2answers
543 views

Will I need to worry about “structuring” with wire transfers?

I am moving a large (for me) amount of money from a US bank account to a Danish one. Both are in my name. In order to even out the risk of transient exchange-rate spikes I'm planning to do it as a ...
1
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0answers
63 views

How to make recurring automatic transfer from US to Philippines? [closed]

I'm a U.S. citizen trying to set up an automatic recurring transfer of USD from a U.S. bank account to PHP in a Philippines bank account. I want to transfer about $500 (PHP 25,000) twice a month. I'...
1
vote
1answer
104 views

Converting British Pounds to USD or AUD [closed]

Given the current state of the economy and the future out look, what would be the best option for someone who has to move pounds to either AUD or USD? What would be the advantages or disadvantages of ...
0
votes
0answers
23 views

ANZ to QUOINEX (Japan) International Transfer wrong number of digits allowed

Does anyone know which number to drop so the International Transfer to Quoinex from ANZ can fit on the Account No.? ANZ states you have 10 digits only, 3 for the BSB type code and 7 for the account ...
2
votes
1answer
48 views

Correct legal way of abroad income to indian savings account

In have been abroad for nearly four months and earning abroad in SGD. Now I would be returning back to india. My duration of abroad stay is less then 182 days. I want to transfer my earnings back to ...
1
vote
0answers
48 views

What are the written instructions for making a transfer between a US credit union account and a UK building society account?

I have an account in a credit union in the US and an account at a building society in the UK, and I wish to transfer funds from the former to the latter. The credit union has a printed form for ...
1
vote
1answer
86 views

Not getting my wire transfer till 15 days

My money is not credited where my office is released the money on 4th Jan. Its exactly 12 working days gone but still I am not sure what is the problem. It is a wire transfer from Israel to India ...
0
votes
0answers
44 views

Arbitrage between India and USA [duplicate]

So, I am from India and I am not aware of the red flags mentioned in the process below. My friend who resides in USA purchases Bitcoin or any other crypto-currency and transfers me to my wallet in an ...
0
votes
0answers
192 views

What is the typical spread in in-bank currency exchange platforms?

Despite numerous attempts, I am failing to obtain any information on the typical spreads in in-bank currency exchange platforms. I would like to know them in order to compare with what my bank has to ...
1
vote
1answer
64 views

Money transfer from India to my son in the United Kingdom

I want to transfer Rs 50000 to my son who is in the U.K. What is the procedure to be followed? I am now in Chennai, Tamil Nadu, India.
1
vote
1answer
112 views

What is the IBAN of this Serbian account?

I need to pay 620 Serbian Dinars to "budget account No. 840-742221843-57, model number 97, reference number 59-013" What is the IBAN of this account?
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0answers
39 views

US treasury bills transfer

Hi I have a question about US treasury bills Currently I am in London looking to buy some - where do these bills get stored when they are purchased? Im guessing its similar to a stock it's just held ...
0
votes
0answers
30 views

Does one need a current account to receive remittance in India from USA for software development?

I am an Indian resident and receive USD wire transfers to my savings account against software development service. I work as a freelancer. I recently received the following from my bank when i asked ...
1
vote
1answer
130 views

Money from India to USA

I am a US citizen and own a house in India. I also have some business interests in India that I'm planning to wind up. I would like to know how to bring my money to US? What sort of interest will I ...
1
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0answers
45 views

International Transfer

If you are transfering funds in excess of 1 Million U.S. dollars from a foreign account to the U.S., is there the need for an internation funds transfer permit?
5
votes
1answer
127 views

Using a Visa debit card to transfer money from the USA to Europe

I am exploring my options to transfer money from the US to Europe. While a provider like Transferwise looks like a good default option, wonder if there is anything wrong with simply using my US Visa ...
4
votes
2answers
89 views

Missing wire transfer from Israel to United States

Over one month ago before I left Israel, I wire transferred funds from Israel to US Bank. As of today, US Bank stated that they have not seen the transfer. I have contacted the bank in Israel several ...
1
vote
1answer
83 views

UK payment to US bank: put ABA inside BIC/SWIFT box

Regarding a UK-to-USA payment made in USD: I've made a payment and confused the field for the BIC/SWIFT number with the destination bank ABA number, the funds left earlier on today from my bank, what ...
1
vote
0answers
33 views

Commonwealth Bank of Australia said they don't have SWIFT 103 message for International money transfer

few days ago i posted this wondering about how long a transfer could take from Australia to Tunisia. And today marks the 2 weeks period and i still got nothing, so i contacted my banker and he asked ...
0
votes
1answer
177 views

What are tax implications of sending USD 22000 to my brother's NRE account in India?

I want to send USD 22000 to my brother's NRE account in India. I pay taxes in the US. Are there any other tax implications for this transaction in US? Also, this money is not a gift. My brother will ...
0
votes
0answers
318 views

Did a wire to right IBAN but incorrect swift code, plus BOA is the intermediary bank

When I updated my Brazil customer information I only changed the account# but not swift code. The previous acct information under this recipient has BOA as a intermediary bank. My bank currently can ...
1
vote
1answer
45 views

Pending euro payment to a usd account

Please I made swift transfer in euro from South Africa to a dollar account in USA,my partner has not received the fund in his account and today marks the 7th banking day of the transfer which was ...
5
votes
1answer
260 views

Infer SWIFT/BIC code from IBAN?

Is it possible to infer / deduct SWIFT code from IBAN code, if yes how?
3
votes
0answers
73 views

How to efficiently wire transfer USD from the US to a EUR-denominated account in Europe [closed]

I live and work in the US and need, say twice a year, to wire a sum in the order of 10 thousand USD to a EUR-denominated European account in the SEPA area. The destination account belongs to a person ...
3
votes
2answers
1k views

When to choose SHA, BEN or OUR (swift type) transfer

It isn't clear to me if OUR replaces the cost the receiver's bank charges its client for incoming transfers. E.g. I have 2 banks, A and B in different countries, same currency. In a SHA I expect to ...
3
votes
1answer
83 views

Beneficiary of an estate and transfers of large sum from UK to US

I am being named as a beneficiary and I would like to know what are the best options for transferring funds from the UK to the US. I do not have an active account at the moment are there any ways to ...