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

Questions tagged [transfer]

A change in ownership of an asset, or a movement of funds and/or assets from one account to another. A transfer may involve an exchange of funds when it involves a change in ownership, such as when an investor sells a real estate holding.

148 questions
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Is there a way to transfer $100 into a family member's US bank account on a daily basis?

I am trustee for an elderly relative who is not financially competent, and being taken advantage of by a girlfriend. He cannot hold onto money for long, and so I need to periodically provide him small amounts of money from the trust's checking…
mbmast
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Someone asked me to login to his bank account and make transfers to another account

Someone I knew online asked me to log in to his account in Pioneerbanking.online and make a few transfers for him as he "couldn't do it by himself for a couple of reasons". I foolishly did help him made 2 transfers and he's urging me to do the 3rd…
Lan Anh
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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 instant?
norbertVC
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How can people sell high-value items when bank drafts cannot be trusted?

Someone deposited a bank draft and had the bank manager clear it, but later, the bank draft was reversed. Other people have reported similar incidents many years ago. Since bank drafts are proven to be an insecure and unreliable payment method, what…
Victor
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Can a Zelle Bank Transfer be reversed or denied after credit has been added?

I have sold digital goods to a unknown person. They have sent me a Zelle transfer to my Bank of America account of 2,000. The money has been credited to my account and has became available. Although this is true, it has remained as "processing"…
TrevorKS
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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?
zundarz
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Transfer money between Wells Fargo and BofA accounts for free

Is there a free way to transfer money from a Wells Fargo account to a Bank of America account? I looked into wire transfers, and it turns out that they have a fee associated with them. The only other method I came up with (aside from manually…
Ryan
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Can I sell my stocks for less by transferring them to another brokerage?

I would like to sell approximately $35000 in stocks currently held at Edward Jones. My total portfolio is approx. 1.5 million. Edward Jones will charge me 1% of the sale. Would it make sense to transfer those stocks to another company and then…
C Fleming
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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 address to verify that it is truly me. Is it possible…
user3152
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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 Paypal users. As I do not live in the USA, I do…
johndoe999
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Moving current employer 401(k) balance into self-directed solo 401k?

Let's say my employer offers a 401(k). 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 understand that contributions to a solo 401k are…
CQM
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Transferring money between two banks in the U.S

Why does it take so many days to transfer money between two banks in the US? I have accounts with two different banks in the USA, and whenever I transfer money online between those two banks, it takes around 3-4 days. When I transfer money, it is…
Jay K
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Transfer $70k from Wells Fargo (US) to my other account at a Credit Union bank

I have an LLC with me as the Owner and sole Member. I have Business Account for the LLC with Wells Fargo. I received $70k payment from a client in my Wells Fargo Business account. I want to move the money to my personal account in a Credit Union…
user3665823
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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?
txwikinger
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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 tax implications. For a while, Canadians could…
Andrew Mao
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