I have a relative overseas who owns a few medical facilities in his country and is looking to park some cash in the US and have me manage his account. For example, putting the money in a Fidelity Cash Account in his name. What are some options to do this? He wants to move a few hundred thousand to the US for his “test run.” 😦 TC 300
Bank to bank transfer.
You need to watch El Camino, yo!!
Go ask Sinaloa cartel
Lol
I know a guy who knows a guy
Better call Saul!!
Bank to bank.. i work in VC and even 10m USD international wires are like$50 including FX
Yeah... looks totally legit😬😬🙂
Most developed and high growth countries have arrangements with US Govt on USD/Cash outflow from their countries. In India is 250K USD per year, China I think has about a 1M USD per year. Google it.
Use Bitcoin
All the major brokerages can handle international transfers, including Fidelity. http://personal.fidelity.com/accounts/services/forex.shtml
This sounds legit. 🙄