Moving Money From Uk to NY USA
Jun 12th 2012, 2:08 am
#1
Forum Regular
Thread Starter
Joined: Feb 2011
Location: Apex NC
Posts: 60
Moving Money From Uk to NY USA
I'll be brief.
So I had sold my property in the Uk & became a perm resident here in NY 2011.
I recently set up an account with Moneycorp to transfer funds >50k from the Uk to here to enable us to eventually put down a deposit on a property, but today I was sent an email telling me that Moneycorp no longer deals with NY state residents!!
Is this true? If so what are my best options now.
I literally did the same with HIFX and then they stopped doing transactions to the USA altogether.
I am a troubled Englishmen in NY, but not an illegal alien!
Many thanks.
So I had sold my property in the Uk & became a perm resident here in NY 2011.
I recently set up an account with Moneycorp to transfer funds >50k from the Uk to here to enable us to eventually put down a deposit on a property, but today I was sent an email telling me that Moneycorp no longer deals with NY state residents!!
Is this true? If so what are my best options now.
I literally did the same with HIFX and then they stopped doing transactions to the USA altogether.
I am a troubled Englishmen in NY, but not an illegal alien!
Many thanks.
Jun 12th 2012, 2:28 am
#2
BE Irregular
Joined: Jan 2004
Location: Tampa Bay Florida
Posts: 4,849
Re: Moving Money From Uk to NY USA
I'll be brief.
So I had sold my property in the Uk & became a perm resident here in NY 2011.
I recently set up an account with Moneycorp to transfer funds >50k from the Uk to here to enable us to eventually put down a deposit on a property, but today I was sent an email telling me that Moneycorp no longer deals with NY state residents!!
Is this true? If so what are my best options now.
I literally did the same with HIFX and then they stopped doing transactions to the USA altogether.
I am a troubled Englishmen in NY, but not an illegal alien!
Many thanks.
So I had sold my property in the Uk & became a perm resident here in NY 2011.
I recently set up an account with Moneycorp to transfer funds >50k from the Uk to here to enable us to eventually put down a deposit on a property, but today I was sent an email telling me that Moneycorp no longer deals with NY state residents!!
Is this true? If so what are my best options now.
I literally did the same with HIFX and then they stopped doing transactions to the USA altogether.
I am a troubled Englishmen in NY, but not an illegal alien!
Many thanks.
Jun 12th 2012, 2:56 am
#3
BE Site Lead
Joined: Aug 2004
Location: MA, USA
Posts: 92,170
Re: Moving Money From Uk to NY USA
try xe.com ? Though first I've read about this being a problem for NY, have NY made any new and weird changes to law? Able to get them to give a specific reason to this?
Jun 12th 2012, 3:25 am
#4
BE Co-Founder
Joined: Feb 2000
Location: Florida
Posts: 25,928
Re: Moving Money From Uk to NY USA
I'll be brief.
So I had sold my property in the Uk & became a perm resident here in NY 2011.
I recently set up an account with Moneycorp to transfer funds >50k from the Uk to here to enable us to eventually put down a deposit on a property, but today I was sent an email telling me that Moneycorp no longer deals with NY state residents!!
Is this true?
So I had sold my property in the Uk & became a perm resident here in NY 2011.
I recently set up an account with Moneycorp to transfer funds >50k from the Uk to here to enable us to eventually put down a deposit on a property, but today I was sent an email telling me that Moneycorp no longer deals with NY state residents!!
Is this true?
Jun 12th 2012, 4:18 am
#5
BE Irregular
Joined: Jan 2004
Location: Tampa Bay Florida
Posts: 4,849
Re: Moving Money From Uk to NY USA
Please keep us advised if you become aware of some legislation change, or if some interpretation has changed!
After the fact does not help much....
After the fact does not help much....
Jun 12th 2012, 5:14 pm
#8
BE Co-Founder
Joined: Feb 2000
Location: Florida
Posts: 25,928
Re: Moving Money From Uk to NY USA
That's why I'm confused 
I don't know the first thing about that sort of stuff, I just recalled reading Sarah's post the other day and thought it would help the OP.
Glad we've cleared that up
I don't know the first thing about that sort of stuff, I just recalled reading Sarah's post the other day and thought it would help the OP.Glad we've cleared that up
