Moving to the USA in a few weeks - How do we transfer money?
Feb 24th 2013, 7:21 pm
#1
Just Joined
Thread Starter
Joined: Oct 2012
Posts: 17
Moving to the USA in a few weeks - How do we transfer money?
Wow,
It has been a a long few months, but our goods are finally being shipped to SFO on Wednesday. My husband and I are due to fly over in the next few weeks.
We are going to stay with my husband's cousin for a few weeks.
But how do we manage our money situation?
My husband wants to transfer £25,000 from his savings account?
What is the best way to do this without incurring too many costs?
Also, how do we choose a bank? Bank of America vs Wells Fargo.
So, excited, the move is finally happening!
It has been a a long few months, but our goods are finally being shipped to SFO on Wednesday. My husband and I are due to fly over in the next few weeks.
We are going to stay with my husband's cousin for a few weeks.
But how do we manage our money situation?
My husband wants to transfer £25,000 from his savings account?
What is the best way to do this without incurring too many costs?
Also, how do we choose a bank? Bank of America vs Wells Fargo.
So, excited, the move is finally happening!
Feb 24th 2013, 9:05 pm
#2
Joined: Mar 2003
Posts: 68,280
Re: Moving to the USA in a few weeks - How do we transfer money?
Wow,
It has been a a long few months, but our goods are finally being shipped to SFO on Wednesday. My husband and I are due to fly over in the next few weeks.
We are going to stay with my husband's cousin for a few weeks.
But how do we manage our money situation?
My husband wants to transfer £25,000 from his savings account?
What is the best way to do this without incurring too many costs?
Also, how do we choose a bank? Bank of America vs Wells Fargo.
So, excited, the move is finally happening!
It has been a a long few months, but our goods are finally being shipped to SFO on Wednesday. My husband and I are due to fly over in the next few weeks.
We are going to stay with my husband's cousin for a few weeks.
But how do we manage our money situation?
My husband wants to transfer £25,000 from his savings account?
What is the best way to do this without incurring too many costs?
Also, how do we choose a bank? Bank of America vs Wells Fargo.
So, excited, the move is finally happening!
then most use xe.com to move it
Last edited by Ray; Feb 24th 2013 at 9:10 pm.
Feb 24th 2013, 9:06 pm
#3
Just Joined
Joined: Sep 2008
Posts: 16
Re: Moving to the USA in a few weeks - How do we transfer money?
Wow,
It has been a a long few months, but our goods are finally being shipped to SFO on Wednesday. My husband and I are due to fly over in the next few weeks.
We are going to stay with my husband's cousin for a few weeks.
But how do we manage our money situation?
My husband wants to transfer £25,000 from his savings account?
What is the best way to do this without incurring too many costs?
Also, how do we choose a bank? Bank of America vs Wells Fargo.
So, excited, the move is finally happening!
It has been a a long few months, but our goods are finally being shipped to SFO on Wednesday. My husband and I are due to fly over in the next few weeks.
We are going to stay with my husband's cousin for a few weeks.
But how do we manage our money situation?
My husband wants to transfer £25,000 from his savings account?
What is the best way to do this without incurring too many costs?
Also, how do we choose a bank? Bank of America vs Wells Fargo.
So, excited, the move is finally happening!
good luck
Feb 24th 2013, 9:16 pm
#4
Often not so civil...
Joined: Apr 2010
Location: The Boonies, GA
Posts: 9,561
Re: Moving to the USA in a few weeks - How do we transfer money?
Isn't anything over 10k declare able to the IRS? Might be a good idea to look into that.
Feb 24th 2013, 9:17 pm
#5
SUPER MODERATOR
Joined: Dec 2005
Posts: 88,036
Re: Moving to the USA in a few weeks - How do we transfer money?
It is done automatically....you don't need to do anything. Maybe you're getting mixed up by bringing 10K+ in cash/cheques etc into the country with you...then you have to declare that to customs.
Feb 24th 2013, 11:51 pm
#6
Joined: Dec 2001
Location: Dixie, ex UK
Posts: 52,463
Re: Moving to the USA in a few weeks - How do we transfer money?
And although the report goes to the IRS, it has nothing to do with taxes - transfers are not per se taxable.
Feb 25th 2013, 12:21 am
#8
BE Site Lead
Joined: Aug 2004
Location: MA, USA
Posts: 92,172
Re: Moving to the USA in a few weeks - How do we transfer money?
xe or any of the other currency exchange service.
As for bank, plenty of threads going over that...but what ever one has the best local coverage would be probably best.
As for bank, plenty of threads going over that...but what ever one has the best local coverage would be probably best.
