Ask Experts Questions for FREE Help !
Ask
    zawareh's Avatar
    zawareh Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Oct 18, 2009, 01:37 PM
    Fund transfer
    I am relocating to hungary from India. After selling my apartment and settling my loan I want to transfer the remaining funds to Hungary. Need assistance as to how I can do that and what would be the charges for the transfer.
    phlanx's Avatar
    phlanx Posts: 213, Reputation: 13
    Full Member
    		  
    #2

    Oct 18, 2009, 01:44 PM

    Evening,

    Obviously the easist method would be to set up a bank account in Hungary and then get your bank in india to transfer across, of which they will be able to explain the charges

    Alternative is to find if there is a local Western Union to you in Hungary and transfer the money that way, but a bank transfer would be safer
    zawareh's Avatar
    zawareh Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Oct 18, 2009, 05:38 PM
    [QUOTE=phlanx;2038636]Evening,

    Obviously the easist method would be to set up a bank account in Hungary and then get your bank in india to transfer across, of which they will be able to explain the charges

    Alternative is to find if there is a local Western Union to you in Hungary and transfer the money that way, but a bank transfer would be safe

    Hello ,
    Thanks for the speedy reply. However the problem is that I will be flying to hungary in less then 7 days and the procedure you mentioned with the bank is a lengthy one. Will it not be possible to carry the funds and declare it at the airport?
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Transfer uk Pension into 401K Fund [ 2 Answers ]

I have 33000 GBP with a uk pension provider. I am non resident for uk tax as I work offshore Gulf of Thailand. Can I transfer this money into a 401K fund and if so what would be my tax exposure?

Fund Transfer [ 3 Answers ]

Hi! Just need to understand the ,is there anything called an "account reactivation Fee", for an Online fund Transfer> The Back ground is a Lottery Winning over a year ago, following which I have remitted Money for taxes and Anti terrorist certificates, and now am told that some more money...

Another H1B transfer while one transfer is pending [ 2 Answers ]

Hi, I had a H1B visa from company A . Recently, I joined company B and my H1B visa transfer is still in process. I do have the receipt for that. . My question is. I got an offer from company C. Can my VISA be transferred to company C... I have I-797 and 3 months old pay stub from company...

Fund transfer to a foreign country [ 2 Answers ]

I heard that if one transfers a fund over $10,000 to a foreign country, a bank has to report it to the government. Is it $10,000 per transaction or $10,000 per year?

View more questions Search