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Old 16.07.2007, 14:19
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FaithK FaithK is offline
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Re: best rate to transfer CHF to USA(Citi Bank)?

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Don't forget that anything over 10,000US* will get flagged by the "authorities".


*I can't find the exact amount right now. It could be 9000. Point is you should check out the tax implications (if any) of sending in CHF50K.
The 10k limit is for "hard cash" carried over to the US. There are no tax implications for moving money to your own account. You will have to declare your interest earned to the IRS.
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