transfer funds to the US

[Swissmiss82 1,620]

2 minutes ago, Loren Y said:

It usually only takes 3-5 days. I have had it take as few as 3 if you send it early in the week. If you transfer the money straight from your bank account to transferwise that takes a day as long as you do it early or mid week, then they get it and transfer it to the receivers bank. You will get emails and updates all along the way. Below you can see my last transfer I sent on Sunday the 25th of March 2018, and it was in her account on the 28th of March, so three days.

 

Sun 25th

 

You set up your transfer

Sun 25th

 

We received your USD

Tue 27th

 

We paid out your THB

Wed 28th

 

Your money arrived in Kamonchat account

awesome - thanks a million for this review!

that helped a lot

[DaveNot 55]

I use a webpage and app called transferwise it's legit and very cheap. I transferred £890 and it only cost me ££4.43

Edited March 31, 2018 by DaveNot

[bad4tatt 168]

2 hours ago, Swissmiss82 said:

I''m pretty sure there is some information about this, however, i tried to browse through tons of topics and just couldn't find it.

 

is there a cheaper way to transfer money to my fiance to the US than sending it via paypal? i find the fee a bit high and would really appreciate some feedback with good experience of you guys.

 

thanks in advance

I use www.xe.com

[neoblast 138]

You should try WorldRemit https://www.worldremit.com/en/United-States. I have been using them to transfer money between the US and Canada for the past year. They have a flat fee of $3.99 and max transfer of $40k. 

Edited March 31, 2018 by neoblast
correction

[Alabamak1 688]

3 hours ago, Swissmiss82 said:

I''m pretty sure there is some information about this, however, i tried to browse through tons of topics and just couldn't find it.

 

is there a cheaper way to transfer money to my fiance to the US than sending it via paypal? i find the fee a bit high and would really appreciate some feedback with good experience of you guys.

 

thanks in advance

look into transferwyse...i have used it to send money: USA to Ukraine. usually lower fees

[Alabamak1 688]

3 hours ago, Swissmiss82 said:

aaah i think i found something!

 

does anyone have experience with TRANSFER WISE? 

is this a legit and quick transfer?

it is legit. i have and use it still. setup is a little longer. couple days 3-4, but after that real quick

[Alabamak1 688]

[NateAndJessica 200]

53 minutes ago, neoblast said:

You should try WorldRemit https://www.worldremit.com/en/United-States. I have been using them to transfer money between the US and Canada for the past year. They have a flat fee of $3.99 and max transfer of $40k. 

the fees very often are of little importance and just posted to distract from the cost. they all make money off the ####### exchange rates they use. ALWAYS pay close attention to what rate they use.

[NateAndJessica 200]

Just open bitcoin wallets and send for free. 

The American solution thats both free to receive and cash-out in dollar is Gdax's platform for Coinbase. You will need to determine if Switzerland has a good company that offers free purchase of bitcoin like Gdax. perhaps see if Coinbase operates in Switzerland. Unfortunately set up of the accounts and funding the account will take a long time but the sending only takes a few minutes.

[CMJuilland 485]

My family sent us a transfer of several thousand through one of my dad's accounts with Kantonalbank (in Zug). It was no problem, and it didn't even cost that much. I can find out how much exactly it cost him in fees, but it was totally possible, and because we are with USAA over here, we had access to the money after two days. 

[JandA17 19]

5 hours ago, Swissmiss82 said:

I''m pretty sure there is some information about this, however, i tried to browse through tons of topics and just couldn't find it.

 

is there a cheaper way to transfer money to my fiance to the US than sending it via paypal? i find the fee a bit high and would really appreciate some feedback with good experience of you guys.

 

thanks in advance

I Use a website called OFX. It has been great for us and rates are always better than the bank

[Joselio 196]

My fiancee(beneficiary)  sold her car and she is planning to bring that money and some savings to the US... Do you have to report that money to IRS? Is this money taxable?? we are planning to do a Wire Transfer.... I'm concern about it.

 

Edited April 1, 2018 by Joselio

[payxibka 10,045]

5 minutes ago, Joselio said:

My fiancee sold her car and she is planning to bring that money and some savings to the US... Do you have to report that money to IRS? Is this money taxable?? we are planning to do a Wire Transfer.... I'm concern about it.

 

You do not have to report the money to the IRS as it is already taxed funds. 

[sy1983 31]

Cryptocurrency. You can use Abra to buy litecoin from your domestic country then transfer it to your US bank acct 

[issea 43]

How about the western union (WU)

https://www.westernunion.com/ch/en/send-money/app/start

 

As I checked that if the receiver uses a bank account to receive the money, there is no transfer fees. 

Nevertheless, one has to consider the currency exchange rate provided by WU, and bear in mind that WU needs profit one way or another. That means the exchange rate WU provided could be lower if they don't charge you a transfer fee.

 

Edit: for a single transaction online, the maximum is 5000CHF. So if PO wants to send in total 6000CHF/USD, you have to do it twice.  

Edited April 1, 2018 by issea