transferring money out of Cambodia
transferring money out of Cambodia
Any advice on transferring large amounts of money from Cambodia to other countries please. Best bank, what sort of paperwork do I need, are there other red tape restrictions?
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It would help if you nominated the country/ies to receive these funds.
There is no one size fits all with currency transfers.
OML
There is no one size fits all with currency transfers.
OML
You're welcome to use my bank account.
PM me if interested
PM me if interested
My Three Mothers Tell Me I'm An Attention Whore.. I Love My Mums
The limit for sending overseas without 'supporting documentation' is $9,000. This seems to be becoming more enforced by banks.
TheGrimReaper wrote: ↑Mon Sep 02, 2019 1:45 pmSlavedog, you do not belong on this forum as you talk too much sense.
Thanks for your response..when you say "support documentation" do you mean paperwork to verify where the money comes from?. i.e. business activity, invoice or sales contract etc?slavedog wrote:The limit for sending overseas without 'supporting documentation' is $9,000. This seems to be becoming more enforced by banks.
I semi regularly transfer well over the 10k limit out of the country via ABA Internet banking . Only the first time did they pursue me for a reason via emails about 4 weeks after I did the transfer. Since then.... Nothing. Tightening up? .... Pffffft.
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how about bank FX charges ?Ahnit wrote:the money would going to Australia and Germany.
if you send USD's from Cambodia to an Australian AUD account, how much do the banks charge for the currency conversion ?
I wouldn't be so sure. My ABA account was blocked for nearly 2 weeks due to some outward transactions that they didn't like the look of. Actually, it's the correspondent bank in New York that initiated it (I doubt ABA could care less). I'm surprised how badly ABA dealt with the situation. I'll be looking at moving some of my money elsewhere in case it should happen again.ricecakes wrote:I semi regularly transfer well over the 10k limit out of the country via ABA Internet banking . Only the first time did they pursue me for a reason via emails about 4 weeks after I did the transfer. Since then.... Nothing. Tightening up? .... Pffffft.
TheGrimReaper wrote: ↑Mon Sep 02, 2019 1:45 pmSlavedog, you do not belong on this forum as you talk too much sense.
I changed 18k once for Australian cash at Vespa money traders. Once I had the cash he said that they could have transferred it to my Australian bank if I wanted. They give the exact rate as well.
Does not mean that it will not be flagged for investigation by the one of the banks involved with the transfer. This can happen weeks or months later. But so what, I hear you ask, the money is in my account, so what can they do? Answer: if you don't play ball they can ban you from making international transfers for eternity and beyond, from/to any country.crazyjohn wrote:I changed 18k once for Australian cash at Vespa money traders. Once I had the cash he said that they could have transferred it to my Australian bank if I wanted. They give the exact rate as well.
TheGrimReaper wrote: ↑Mon Sep 02, 2019 1:45 pmSlavedog, you do not belong on this forum as you talk too much sense.
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