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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Transferring a large amount of money across borders
 
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therobit
Aug 19, 2008

I've been tryin' to speak with you for a long time

bling bling bilal posted:

Australian anti-money laundering regulations are far too tight. Transferwise is probably the best bet, and even then you'd probably raise a flag with AUSTRAC if you're transferring between personal accounts and figures are 100k+.

As for Clydesdale bank via NAB, I don't believe it would be like transferring between intra-bank accounts, but rather still counted as an international transfer. But Clydesdale has been divested from NAB, so that rules out that option.

Speaking from a US perspective, as long as the money is legally obtained an you haven't been evading taxes just do a single large transfer and be done with it. I am sure that it is possible a report gets generated and reviewed but if the source isn't shady it won't cause you problems. In the US structuring transactions to avoid reporting is its own crime irrespective of what else is going on. You will cause yourself more grief by trying to hide your legal actions than the possibility of filling out a little paperwork.

* # ¿ Mar 1, 2016 00:25
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# ¿ May 16, 2024 17:21
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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Transferring a large amount of money across borders