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Old 16.07.2007, 21:18
suddenyy suddenyy is offline
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Re: best rate to transfer CHF to USA(Citi Bank)?

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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.
Thanks for all the replies.
I am not familiar with USA (or CH) tax declaration. I suppose the tax of the interest has been taken from the Swiss side. So I only need to declare the tax
for the interest I earn for the period in my citi account?
BTW, is now CHF weak against USD? Shall I wait a bit to do the transaction?
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