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You can transfer money to whoever you want. All you need todo is to write a check.
by naveen99 9y ago
You can transfer money to whoever you want. All you need todo is to write a check.
- user5994461 9y agoYou're wrong on so many levels. Try writing a 100k check to someone and bank it, you'll understand that the world doesn't work like that.
- germanier 9y agoI don't know about checks (we don't really use them here in Germany) but I see many 100k bank transfers and that's an absolutely routine thing to do, even across national borders (but you might need to file some anti-money-laundering and statistical documentation). I would be really surprised if you couldn't transfer 100k (or 1M or 100M) anywhere. Sure, the recipient might need to pay taxes on that.
- user5994461 9y agoYes, the bank can freeze the funds and request the recipient to justify where it came from, that's my point. For international transfers, I've seen some getting cancelled without notification, the money is just sent back. It's weird.
- blibble 9y agoand for bitcoin at any point you want to cash in or out 100k into real money: you'll probably have to go through KYC too