Can i transfer a large amount of money? | Yahoo Answers
If you want to send large amount of money at one go, then having an NRI account is the best option. Not only you get very good rate but you also get saving account in India and can be used as normal account. I recently used Citibank NRI services and I got a very good rate. Bank only changed me 0.5% for the transaction.
I've come into a large amount of money
Most of the banks do not have a high transaction limit via ACH but a few banks like Axis Bank allow large amount of money to be transferred via ACH money transfer. Check Transfers offered by a few money transfer services are also another option, but they can easily take around 20 days
One of the most important things to remember when transferring large amounts of money is that even a small differences in exchange rates between currencies can make a significant difference to the amount of money that you will receive at the other end. For example just a 0.5% improvement on $100,000 is $500! Therefore making sure you get the best exchange rate possible should be of prime concern to the sender.
Found an answer for the clue Large amount of money that we don't have? Then please to us so we can make the clue database even better! By far the safest way to send big amount is via bank Wire Transfer. Thorough background checks are conducted and stringent security measures are followed prior to and during the transaction. Both the sender and the receiver have to show proofs of identity in order to send and receive money respectively. These proofs of identities are scrutinized thoroughly before the transaction is approved and completed. The information sent via Wire Transfer is difficult to intercept making the transaction secure. In addition, Wire Transfer can be one of the fastest ways to send large amount of money. With the advent of globalization and flourishing market of remittance, the need to transfer big amount of money is also growing. Transferring large amount of money overseas requires a secure and efficient mode of money transfer.Birmingham Police say a large amount of money was turned in March 10 by a concerned citizen. The money was discovered in the area of Henrietta Street, just south of Maple.Free thesaurus definition of large amounts of money from the Macmillan English Dictionary - a free English dictionary online with thesaurus and with pronunciation from Macmillan Publishers Limited.Do you think that it would be a problem for the Australian government to see this large amount of money coming in and almost straight the way out of my account? (knowing that this money is not illegal or anything)I went to see my banker and asked him if it was a problem if a large amount of money came into my account and he said that it was fine on the bank side that they didn't care, but he said that maybe the Australian government would ask me questions or could be a problem…Bands are large amounts of money (usually small denomination bills) held together by a rubber band. While the actual amount of money varies, they typically hold $1000 in one dollar bills.Bands are large amounts of money (usually small denomination bills) held together by a rubber band. While the actual amount of money varies, they typically hold $1000 in one dollar bills.The need to transfer large amounts of money overseas is growing and beginning a much more common practice. Whether the purpose is for purchasing a second home overseas, buying a car, for business purposes or simply because you are emigrating the need for safe and efficient money transfer services is growing.A Windsor woman found an envelope with a large amount of Canadian money under a bench located near the grocery store and immediately handed it over to police.