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50 lakh INR from US Bank


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Posted

DB,

 

Nenu oka 50 lakh Indian account ki pampali, lumpsum amount 

best $ rate and easy transfer way edi best

money transfer services lumpsum amount transfer cheyanistara 

Nenu na Bank of America nundi direct wire transfer anukuntunna kani exchange rate current rate ki ivvaru kada and lumpsum amount wire cheyali antey edina extra procedures untaya 

 

plz suggest which is vest route and get good exchange rate for the transfer 

  • Srin changed the title to 50 lakh INR from US Bank
Posted

Depends on your bank , some banks require you to physically present to do a wire transfer , even domestic

For Wire transfers , there usually will be a one time fee like 30-45$ depending on bank

You should be able to see the exchange rate before you initiate an International wire , read up on your bank website or better yet , call and talk to them 

Why don't you try different services like Xoom etc? You can split the amount and send , If it has to be a single transaction , wire transfers would be apt , they have usually faster settlement..

Posted
14 minutes ago, Galactus said:

Depends on your bank , some banks require you to physically present to do a wire transfer , even domestic

For Wire transfers , there usually will be a one time fee like 30-45$ depending on bank

You should be able to see the exchange rate before you initiate an International wire , read up on your bank website or better yet , call and talk to them 

Why don't you try different services like Xoom etc? You can split the amount and send , If it has to be a single transaction , wire transfers would be apt , they have usually faster settlement..

I am not exactly sure but if you wire more than $9999 in a single transaction , it will be reported to federal govt... no big deal but you may be asked for some documentation in future 

Posted

Crypto konukko, aa maldivies o leka singapore o po man. Nek save ayye money to manchi vacation chesko. Crypto is World wide!

 

Posted

I used Xoom, remitly and western union. 
western union was very simple compare to others.

Posted

direct ga builder ki money transfer cheyocha? or better to send money to bank account and they send a check to builder?

how do you guys generally deal with sending money for buying property?

Posted
1 minute ago, mirchi_bajji said:

direct ga builder ki money transfer cheyocha? or better to send money to bank account and they send a check to builder?

how do you guys generally deal with sending money for buying property?

Family and then buyer

  • Upvote 1
Posted
11 hours ago, Srin said:

DB,

 

Nenu oka 50 lakh Indian account ki pampali, lumpsum amount 

best $ rate and easy transfer way edi best

money transfer services lumpsum amount transfer cheyanistara 

Nenu na Bank of America nundi direct wire transfer anukuntunna kani exchange rate current rate ki ivvaru kada and lumpsum amount wire cheyali antey edina extra procedures untaya 

 

plz suggest which is vest route and get good exchange rate for the transfer 

ria remitly westernunion unnai ga. split into small parts each and send na. 

remitly has 20 L limit for 24 hours

also make sure account not in your name as your have this FBAR for tax filing

Posted
4 minutes ago, MRI said:

Family and then buyer

tax problems emaina untaya for family?

Posted
52 minutes ago, mirchi_bajji said:

tax problems emaina untaya for family?

piccha lite. never ever send builder until you know really really well but even then risky

 

  • Upvote 1
Posted
54 minutes ago, mirchi_bajji said:

tax problems emaina untaya for family?

NRE account leda?

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