Questions tagged [wire-transfer]
a mechanism to electronically transfer funds from one account to another account. Generally used to cross-border transfer, i.e. moving money between accounts located in 2 different countries.
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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 ...
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Does transferring $10 to various bank accounts count as money laundering?
I am making an app that rewards users with real money for using the app. The money comes from the profit I get from ads the user views. Basically, I am sharing my ads profit with my users.
However, ...
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Can a wire transfer be reversed?
It has been 18 days since my dad did a wire transfer from India to Canada and I still haven't got my money. When my dad contacted his bank they are saying the money has been received but my bank is ...
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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 ...
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How to trace a failed SEPA bank transfer
A UK bank initiated a transfer for a client of mine to my own account. The wire was in EUR and my account is an IBAN EUR account. 7 days passed and the money are not with me. They did not return to ...
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How to prove that I did not receive a payment
I'm working with an online company that sends payments through a bank.
I sent them a payment request a while ago with my IBAN + the bank SWIFT and other details provided, so they could transfer the ...
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How long would an international wire from US -> UK take?
I've recently been paid in wire from the US, my bank is HSBC - how long would the transaction usually take?
Thanks!
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What is the cheapest way to send Euros from cash Japanese Yen in the Netherlands? [closed]
Suppose one has ~300000 JPY in cash. In the Netherlands, what is the cheapest way to convert this cash to EUR, and send it to an account?
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Check (USD) or Wire Foreign
I am starting a few months job for an US company, but I am based in London. I will have a "vendor" role.
I have been offered two options to get paid: Check or Wire Foreign. What would you recommend?
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Direct deposit in UK in USD or wire transfer from USA: What would be the best option?
A conference where I am invited to, as a speaker, asks to select either one of the following 2 options for money transfer:
Direct deposit in USD
Wire transfer.
The conference is happening in London ...
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How to send money across borders physically and inexpensively, but not via cash?
I would like to transfer money from Argentina into Chile.
Usually, within countries, there are safe ways of physically (i.e. without a SWIFT or other wire) and inexpensively transferring money ...
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Why dont people in foreign countries buy bitcoins directly from USA
I had a query related to buying and selling bitcoins from a foreign country like India where bitcoins can be bought locally now. I was wondering why people in India buy bitcoins locally through the ...
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Wire transfer held by bank?
A client of my father should have received a payment via bank transfer from Belgium to Italy.
It's been almost two months now but he hasn't received the money. The buyer keeps saying she sent the ...
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When should I use Layaway vs. saving up for an item?
I'm going to buy a watch for $100,000. The seller says that I can deposit $30,000 by wire-transfer, and then pay the whole thing off in 6 months, and after it is fully paid, I will get the watch. I ...
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Why are domestic wire transfers free in France but cost ~20 USD in the United States?
Domestic wire transfers are typically free in France: example (mirror).
Domestic wire transfers cost around 20 USD in the United States: see below for some examples, taken from nerdwallet (mirror)
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Is there a list of intermediary banks for the U.S. wire transfer system?
I've been hearing that there are only 4 banks that actually service international U.S. wire transfers. Those banks then forward transfers to all domestic banks.
Which institutions are those? Secondly,...
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What is Deutsche Bank "Free Order"?
Want to transfer Canadian dollars to German DB bank in without converting to Euro.
Idea is to wait with the exchange till the time when exchange rate is more favorable to Canadian dollars. I was told ...
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A foreigner has $11,000 and they are flying to the US. They claim it on FinCen 105. They show the form to the CBP agent. What happens next?
A foreigner has $11,000 and they are flying to the US.
They claim it on FinCen 105 and the CBP Form 6059-B. They show the forms to the CBP agent.
What happens next?
The purpose is a long family ...
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How to know precisely when a SWIFT is issued by a bank?
According to what I understand from SWIFT principles, the issuance time and date for a SWIFT instruction are held in the "Message Input Reference" (Also known as MIR in the SWIFT terminology), like ...
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Debit Card vs. Bank Account Number (USA)?
I currently have in my possession physical debit card. Don't have my personal bank account number (both USA). I know it can be found online, on physical cheques, welcome material, statements but I ...
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Missing SWIFT Transfer
We are a web development company located in Mumbai, India and have been receiving SWIFT transfers to our Indian Bank Account since the past 6 years.
More than a month ago (40 days back), A client of ...
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Can a SWIFT international transfer fail if I haven't provided correspondent bank information?
I'm trying to withdraw money from one not scam website and it doesn't have a field for correspondent bank.
I've tried to transfer money without it but it failed and cost me $50 in fees(I sent N and ...
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Transfer Money from My Account in India to my account in the USA
I am an Indian citizen living in the USA.
Can I wire transfer money from the my NRO account in India to my checking account in the USA? This money, I originally wire transferred from my checking ...
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Can I send a money order from USPS as a business?
I own a small business, and a contractor I hired asked to be paid through money order for services rendered.
Can I send a money order to him under my business? For instance,
From: My business name
...
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How hard for US customers make payments to non-resident freelancer by wire transfer?
I'm sole proprietor from Russia. I make projects for US companies. We working fully remote via internet. I'm not US resident.
When I try to suggest wire transfer for paying my job my customers don't ...
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An online casino owes me money and wants to pay with a wire transfer. Is this safe?
I have won a large amount of money on an online casino. It has taken 2 months for me to see any payouts. Last week I received a $2300 check from them.
Now they say that since I won so much they ...
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A friend wants to use my account for a wire transfer. Is this a scam or is it legitimate?
I have a friend since July online and Exxon owe him for a balance on a 2014 contract off the shores of Liverpool. He is presently in the Gulf of Mexico completing a contract that last for one year. ...
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Wire transfer money in the UK using only IBAN
I friend of mine, A, needs to send another friend of mine, B, some money in GBP. I asked B for the bank account details, and, having lived in Germany and now the Netherlands, expected to receive an ...
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2016, USA banks with low/no fee for incoming OVERSEAS USD wire transfers? [closed]
Regarding
incoming wire transfers (i.e., SWIFT transfers)
from overseas (this question has no connection to internal USA transfers of any kind)
denominated in USD (this question has no connection to ...
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Which is better for USD payment for Indians : Wire Transfer or Cheque?
I am about receive some reimbursement of ~1000 US dollars. I live in India, whose currency is INR. I have the option to receive the money in form or cheque or wire-transfer.
Which of the two mode of ...
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Postbank (Germany) - transferring money to the US - what are the best options?
The German 'Postbank' offers money transfers to the US on their website. Has anyone experience with that? My question are for the cheapest and fastest way (of course); namely:
should I pick 'transfer ...
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Safe and cheap way to send money from Canada to South America [closed]
Does anyone knows how to send money from Canada to a country in South America in a safe and cheap way?
In the past I transfered from my bank account here in Canada to a South American bank account ...
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Can I receive USD 1500 from a cousin in USA to my account in India
Please let me know if I can receive USD 1500 from a cousin from USA to my savings account in India.
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Wire Transfer Instead of Credit Card Payment
I recently wanted to buy a product from a vendor in the UK, but then noticed that they only accept cash or wire transfers for orders from the US. I'm not sure if the vendor is reputable. I was curious ...
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I am Swiss and have a bank account in USA that is blocked. How can I identify myself without travelling to USA?
I'm Swiss and worked 4 months in the USA. So I opened a bank account at Chase Bank.
Due to bad exchange rate I decided to keep the money at the Chase bank account.
This was 3 years ago. I decieded ...
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Which bank is responsible if a fraudulent check is spent: the victim's, the scammers or the one on the check?
I was recently scammed by someone claiming to be from a work-from-home company. She sent me a check that I was supposed to use to pay the "vendor" for my work supplies. I deposited the check and once ...
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Solution for sending international wires to international business customers on a monthly basis? [closed]
First part of my question is:
How do US online booking agencies send money to thousands of hotels worldwide on a monthly basis when outgoing international wire transfers cost about $40 per transfer? ...
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How to transfer thousands of dollars ($7000) to a friend?
If a friend wants to transfer $7000 to me, what is the best way to do it, especially if we don't share the same banks? We could do wire transfer, but that comes with its own fees. Could we also do ...
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Where should I exchange INR to USD, in India or US?
I am Indian, permanent resident of the US.
Years ago, I had loaned some money to my father in India and he now wants to pay it back to me. The amount is worth $300,000 and I am thinking of the best ...
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Money transfer to US from NRE account
I am planning to transfer money > 100k from my NRE account to my US checking account. The money in NRE account was transferred from USA account couple of years back.
I am already paying tax in US ...
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My payment has been voided by the merchants but money wont show up on my credit card
I ordered something from the internet and payed thru credit card.
But my order has been canceled and they promised to refund me the payment I made. They say the have only authorized the payment but ...
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Card to card transactions
I have seen that some companies can send you money to your credit card. What type of transaction is it? I guess it is not wire transfer. And can this be achieved from your local bank? ( I live in ...
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How long do wire transfers take?
I have a client in Ireland. She deposited the money on a Thursday afternoon. We are on Monday today and the ammount has not been credited to my account.
How long do these transfers take?
I am a ...
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How do I understand this wire instruction?
Choicebank requires all money to go to an intermediary bank
http://www.choicebankltd.com/file/2015/09/Wire-Instructions-NCB-09032015.pdf
Their instruction is VERY CONFUSING
What is field 56a field ...
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How can I make a wire transfer as a credit card purchase?
I try to use a credit card for everything, to improve my credit score (as I moved to the US only last year). However, my landlord only accepts wire transfers. I know I can get money off my card and ...
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Tracking the status of payment
Is it possible to track the true status of a payment right through to crediting the beneficiary account?
If i send a wire payment form my bank account to a beneficiary account at another bank, is it ...
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e-banking from oversea bank to the UK bank & IBAN code
I have paid my tuition fees with e-banking from my country to the UK.
And I've filled in SWIFT code and the addressee’s name, address, and UK account number instead of IBAN code.
This will be ...
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How does one transfer funds between a French bank account and a US bank account?
Say Person 1 has a French bank account, and Person 2 has a U.S. bank account.
Person 1 wants to send funds to Person 2.
Person 1 can add a new person to their list of beneficiaries, but the French ...
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Are there any US banks that allow you to make an international wire transfer online? [closed]
I am an expat and right now I have to get someone to physically go to the bank to make the transfer for me each time. It seems a bit ridiculous in this day and age of high tech and is a royal pain. ...
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Tax consequences of forwarding an international wire
I need to legally and quickly transfer $300,000 from China to my US bank account. All of the funds that I need to transfer were obtained through legal means (with proof documents), however China has ...
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