Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [international-transfer]

Sending and receiving money internationally

This tag is for questions around sending and receiving money internationally. This may involve a change of currency too, but not always.

388 questions
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5 answers

Why is a friend asking me to make multiple Money Gram transfers in my name using his money?

For the past few months, someone that I know casually is sending money to the Philippines every 2 to 3 days. He mentioned that the money is going to his family so that they can use it to travel to United States. So far, no one has come to United…
Palpus
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27
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6 answers

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 equivalent with ü (read: u with umlaut), that in some…
samuel christian
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5 answers

Sold item on eBay, buyer wants it to be delivered to another country, and pay by bank transfer

I recently offered an item on eBay, offering it for sale in Switzerland only (no international shipping offered). However, now someone bought it and messaged that they want it shipped to Italy, and that they need my name, IBAN, and emailaddress to…
user91928
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Are BIC and SWIFT code the same things?

I'm helping a friend with submitting an expenses claim to a US organisation we're both involved with. As the money is coming from a US bank, we can't just give them an IBAN and a BIC and be done with it. Instead, we've got to supply full swift…
Gagravarr
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10 answers

How can I avoid international wire fees or currency transfer fees?

I'm paid by an American company, but travel to France frequently and need to have a French bank account for various reasons. So far the cheapest procedure I've found to transfer money is withdraw euros from an ATM with my American card, walk to…
Shep
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19
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6 answers

US bank w/ free online incoming/outgoing international wire transfers, no monthly charges, online application

What US banks let me do the following: % Send and receive international wire transfers for free % Send wire transfers online % Pay no monthly fees % (optional) Apply for an account online. Accounts requiring a minimum balance of up to $50K are…
user1731
16
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3 answers

How do you link two checking accounts from two different banks in two different countries?

My fiancé wants to transfer a substantial amount from his Norwegian bank account to my U.S. bank account in a different and unaffiliated bank. He says he does not want to wire transfer the money. Instead, he says he has to link the two accounts and…
Sephardic
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2 answers

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 salary when they vest, at which time I pay local…
sirlark
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7 answers

If an international bank has branches in two countries, can I bank transfer between them?

I currently use wire transfers to move money from the US to the country in Europe that I live in now. The problem with this is that it's a hassle (I have to call the bank, verify I give the correct numbers, and there's a fee). If a bank that's say,…
Ken - Enough about Monica
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5 answers

What strategies can I use to minimize international money transfer fees?

I would like my younger brother to start studying in a school here, and this requires frequent international money transfers: The primary source (sponsor) would be family funds that would be wired from India/China/UAE (home) to my bank account in…
f1StudentInUS
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1 answer

What happens with an international transfer in a different currency than my own?

My customers are in Germany and I told them to pay the money for me using a bank transfer. I gave them the swift code and the IBAN and other information, but the problem is that I forgot to tell them that my account is in dollars and they…
Ahmad Houri
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10
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3 answers

Is it safe to give someone the following information?

An organization outside of the USA (I'm in the USA) is going to wire money into my bank account and has asked for the following information: Bank Name Bank Address Bank City/State Bank Zipcode Bank Account Number ABA Number SWIFT Code Account…
Karter
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9
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3 answers

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 clearly asking the banks, providing examples of…
WBT
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9
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5 answers

Transfer money from Canadian bank account to US bank account while living in the US

I'm Canadian and I will be doing graduate study in the US, but I will have scholarship money deposited in my Canadian bank account (it has to be done like that, and no, they won't send checks). So I need to transfer this money to a US bank account.…
sxu
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8
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4 answers

Do we need to provide correspondent bank information for wire transfers?

I have some bank accounts with international banks like SC/HSBC/Citi. Here is the template which they provide for international wire transfers. Is it necessary to provide Correspondent Bank info to sender? Their bank can't determine it on their…
Thomas Coulson
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