I want to transfer $150k worth of foreign currency from a foreign bank account to my US account. What're the cheapest ways to do this?
what currency
taxes paid in home country? sources from where this is coming from were declared to IRS on usa tax return FATCA? if yes then it is simple. which source country?
Yep, all reported and above board. Declared for FATCA. GBP.
some brokerage companies allow internatiinal trading in local currency. money sits in GBP and you can convert when exchange better.
Money Laundry.
Foreign currency to Bitcoins to USD
Watching...
I use HiFX
I am assuming you all are using to transfer from NRO account from India, right?
Bitcoin
Lots of lots of lots of Amazon gift cards ;)
I use TransferWise to do all my currency exchange.
just read about it..is it safe and reliable for transfer from India to us?
I've used it about 10 times to Canada and had no trouble.