Author Topic: Transfer Money from Israel to US  (Read 1131 times)

Offline TAVI

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Transfer Money from Israel to US
« on: June 19, 2017, 05:01:47 AM »
Was wondering if people have experience transferring large funds (over $10K) from Isreal to the US, and what the best way of doing so?

Offline rollingstone

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Re: Transfer Money from Israel to US
« Reply #1 on: June 19, 2017, 05:29:14 AM »
Send with a few people flying.

Offline bitbythedog

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Re: Transfer Money from Israel to US
« Reply #2 on: June 19, 2017, 06:20:49 AM »
Pm me
[scroll]...איזה הוא חכם[/scroll]

Offline Z56

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Re: Transfer Money from Israel to US
« Reply #3 on: June 19, 2017, 06:54:06 AM »
Ask around if anyone wants cash here in Israel, and they should transfer money into your account
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Offline emjee

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Re: Transfer Money from Israel to US
« Reply #4 on: June 19, 2017, 12:36:50 PM »
+1 many people will do it .

Offline TAVI

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Re: Transfer Money from Israel to US
« Reply #5 on: June 19, 2017, 01:07:46 PM »
Thanks for the comments. it was late when i posted, and didnt realize i dropped a zero, it was supposed to read over $100K. so bringing in cash is not an option.

looking for the best way to legally transfer funds. i.e. which bank converts to USD at a favorable rate and charges least fees for conversion / transfer.
also, which bank is the least headache to deal with logistically, especially with the recent FATCA requirements.

Thanks in advance, and sorry i wasnt very detailed in my original post.

Offline Alexsei

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Re: Transfer Money from Israel to US
« Reply #6 on: June 19, 2017, 01:12:23 PM »
WorldFirst?
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Offline TAVI

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Re: Transfer Money from Israel to US
« Reply #7 on: June 19, 2017, 01:21:05 PM »
WorldFirst?

Do they have presence in Israel?

Offline Makariz

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Re: Transfer Money from Israel to US
« Reply #8 on: June 20, 2017, 08:44:32 AM »
Just use Bank wire transfer (SWIFT). Some banks charge for such transfer no more than $20 (up to 3 business days).

Offline TAVI

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Re: Transfer Money from Israel to US
« Reply #9 on: June 20, 2017, 11:11:59 AM »
Thanks, but the issue i'm encountering is not the wire transfer fee, but rather the fees charged to convert to USD. it seems they charge a %fee on top of the spread.

also, lots of red tape logistically to do the wire transfer, and they won't allow a transfer to someone else's account, which seems odd.

Offline hachover

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Re: Transfer Money from Israel to US
« Reply #10 on: June 20, 2017, 12:25:19 PM »
If you're dealing with that much money wouldn't a forex trading account be worthwhile? Simply buy USD and then withdraw to a US bank.
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Offline satturn

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Re: Transfer Money from Israel to US
« Reply #11 on: June 22, 2017, 10:48:45 PM »
forexisrael, all these can be used for significant discounts- and you can bargain

Offline User6669

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Re: Transfer Money from Israel to US
« Reply #12 on: June 23, 2017, 12:00:09 AM »
Pm me

What's going on with your signature?  ;)
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Offline Alexsei

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Re: Transfer Money from Israel to US
« Reply #13 on: June 28, 2017, 10:47:57 AM »
This is only for the other way around for now but can be useful for many

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Offline ADG

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Re: Transfer Money from Israel to US
« Reply #14 on: June 28, 2017, 11:58:19 AM »
If you have USD-why do the funds need to be exchanged at all. Deposit USD withdraw USD.