How to bring your money to the US?

[kulayblue 1]

I was just wondering for the families who immigrated to the US, how did you transfer your money? Say I have $50k Were you able to open a US bank account while you were at your home country? Thanks!

[kaffy 2]

My husband kept his US account active when he lived overseas. We it was time to move back we sent wire transfers from our Aussie account to our US account in chunks of about $10K. Reason we kept under this limit is because my Aussie internet banking had a $10,000 transfer limit, anything over that and I would have to go to a branch to do it in person (which I didn't want to because I was busy with work and making other arrangements)

Edited July 24, 2009 by kaffy

[Penguin_ie 5,997]

My husband flew over to the US for a visit a few months before we moved, and opened a bank account into which I transfered most of our savings. We then arranged for internet banking with our Irish bank account, and once we moved here, transfered the rest of the money over. We still have the Irish bank account open with some money in it, as we have a high credit card limit on that account and, due to no credit history, no US credit cards yet.

[rheanick 42]

I was just wondering for the families who immigrated to the US, how did you transfer your money? Say I have $50k Were you able to open a US bank account while you were at your home country? Thanks!

You need SSN to open a bank account in the US.

For transferring money, you could use bank to bank wire transfer. Talk to your bank in the Philippines and informed them that you would transfer money to the US. Ask for all the forms needed for transfer.

Once you have your US account, inform the bank in the Philippines that you would transfer your money.

Transfer of money is a very simple and direct process. Just inform both Philippines and US bank.

[wexford65 0]

I had previously opened a BOA account a few years back when I owned a US based business. I simply instructed my bank in Ireland (BOI-pb) to move funds.

As you have surmised, moving fund is easy, it is opening the US account that is the hurdle.

If you are trying to open a US-based account from your home country look for a US bank with international branches. Citi is a good example that has a presence in multiple countries.

[Rosie and David 1]

Open a PNB bank account if you don't already have one. www.pnb.com.ph

The PNB bank has branches in Chicago and New York, also 3 in California.

You can do electronic money transfers from your bank to PNB U.S. or reverse PNB Bank to U.S. Bank.

I have two PNB bank accounts on for my wife and I and one for my wife and her mother in the Phillippines.

Save secure and saves money in transfer, cost about 1/4 of Western union and 1/2 of Zoom.

Rosie and David

[kulayblue 1]

Open a PNB bank account if you don't already have one. www.pnb.com.ph

The PNB bank has branches in Chicago and New York, also 3 in California.

You can do electronic money transfers from your bank to PNB U.S. or reverse PNB Bank to U.S. Bank.

I have two PNB bank accounts on for my wife and I and one for my wife and her mother in the Phillippines.

Save secure and saves money in transfer, cost about 1/4 of Western union and 1/2 of Zoom.

Rosie and David

Thanks so much! =)