Stack Exchange Network

Stack Exchange network consists of 174 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.

Visit Stack Exchange

Sending and receiving money internationally

-2
votes
1answer
77 views

Transfer of my gift received from US to India

I am a resident Indian who received a gift from a trust abroad sources legally approved and authorised by abroad country. It is transferred through an associate bank abroad where the trust has money, ...
2
votes
1answer
102 views

The amount received being less than the amount required

I live in Europe and I ordered a product from a Moroccan company. They asked from me to transfer the money to the company bank account in Morocco, which I did. Shortly thereafter, a company agent ...
-2
votes
1answer
53 views

Is the BIC code the same SWIFT code [closed]

My Bank in the UK does recognise the BIC code given tome by a Spanish Bank. Can you advise me on this matter
1
vote
2answers
64 views

IBAN money transfer, safe transaction

Is there any way to guarantee that an international european bank money transfer transaction (between private sellers) is safe? I mean, I will pay for a product, how do I guarantee that it arrives in ...
15
votes
2answers
2k views

If I sell shares in the US, will I be liable to pay taxes in US?

I am a South African citizen living in South Africa who works for a large US company. As part of my compensation, I receive restricted stock units (RSUs) which my country considers to be part of my ...
0
votes
1answer
61 views

If I (freelance uk resident) get paid for remote work from the US into my US account, will I pay taxes in both countries?

I'm a British freelancer. I recently returned to the UK from working in the US for 3 years on a Visa. Upon returning, I have continued to work for one of my clients. We are working out how to get me ...
0
votes
1answer
166 views

Can a transfer go through if the IBAN and SWIFT is correct, but the beneficiary name is wrong?

A customer of mine wants to pay me from the usa to my account with N26 bank.N26 Bank is a German online bank with no branches but available to customers in the euro-zone.I opened my account online in ...
26
votes
6answers
6k views

Umlaut Character in Account Holder Name (German Bank)

I sent a payment through international bank transfer to Germany. But, the account holder name has special characters like ö, ä, ü, and etc. In my case, it's ü. Is there any other words that are ...
2
votes
3answers
357 views

What happens if I made an international transfer without SWIFT code?

I've just made a transfer from my Hungarian bank account to my new, Canadian one. However, I didn't have any knowledge of my SWIFT neither my IBAN code. I transferred a serious amount of money, and ...
4
votes
2answers
240 views

I am a minor in the US. Will I owe taxes from money earned from a UK based website?

My friend and I are co-running a website. He is over 18 and lives in the UK and I'm under 18 and live in the US. He gets all the money from the site into his Paypal, and is going to pay me half. The ...
1
vote
1answer
106 views

Dollar account or Euro?

I live in a country in the Eurozone and have a dollars account with one of the banks here. I'm expecting a payment from a client in the US. I was told that when a bank sends money to a Eurozone ...
1
vote
3answers
108 views

Why is there a difference in currency conversion rates?

When looking at the USD/BRL conversion rate I see a rate more or less 1 USD = ~ 3.90BRL. Then when I want to transfer my funds from my contractor (in USD) to my local account (in BRL), I wait for a ...
1
vote
2answers
36 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
votes
1answer
58 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
vote
2answers
44 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
vote
1answer
114 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 ...
0
votes
1answer
61 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
vote
1answer
58 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
vote
1answer
106 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
326 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/...
1
vote
2answers
64 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
votes
2answers
56 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?
0
votes
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
264 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
votes
0answers
35 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
votes
0answers
224 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
95 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
votes
0answers
47 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
131 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
105 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
46 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
votes
0answers
63 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
1k 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
1k 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
899 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
vote
0answers
68 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
112 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
24 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
57 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
93 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
45 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
272 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
65 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
122 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?
1
vote
0answers
44 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
32 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
136 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
vote
0answers
47 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?