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Thread: HELP! Sending money frm the US and Pay pal query

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    Default HELP! Sending money frm the US and Pay pal query

    Hi guys i have a question,


    I will be moving to the US next week on a permanent basis but I want to continue paying my CC from my UK bank acc (direct debit payment). Now when I’m usually in the US I send money home to my mum through money gram but I don't want to keep doing this on a monthly basis because it’s costly.

    SO my question is I can pay money into my UK acc using pay pal, while I’m in the US? And if so do I get charged for this. Sorry I am not familiar with pay pal and I tried to check on the website but the information on there is all too confusing... it say's something about doing this only for business purposes/accounts.

    Thanks in advance peeps



    Seraya.


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    God/dess Bridgette's Avatar
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    Default Re: HELP! Sending money frm the US and Pay pal query

    If you have a paypal acct with a US-based bank account, and another with a UK-based bank account, you could send money from one to another for free (I think, still) if both paypal accounts are personal. Deposit money into your US bank acct, then go into the paypal acct attached to it, send money to your OTHER paypal acct attached to the UK bank, and then withdraw the funds from the other paypal acct into your UK bank. That would probably make you vulnerable to tax investigation in both countries tho, since you'd be wiring money regularly between banks.

    Quote Originally Posted by pheno View Post
    When you lead a nontraditional life don't try to measure it with traditional milestones.

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    Default Re: HELP! Sending money frm the US and Pay pal query

    Can't you just mail international money orders to your bank in the UK, or have your bank in the US help you deal with this?

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    God/dess Bridgette's Avatar
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    Default Re: HELP! Sending money frm the US and Pay pal query

    Yeah I was gonna suggest mailing international money orders to the UK bank, but that does take more time....

    Quote Originally Posted by pheno View Post
    When you lead a nontraditional life don't try to measure it with traditional milestones.

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    Default Re: HELP! Sending money frm the US and Pay pal query

    The things is i don't have an American Bank account and i don't know how long it will take until i am able to open one. After i get married i can apply for my SS# and i will open one then.

    Sorry I should have made my self a lil clearer. I actually wanted to know if it was possible to pay money in to my UK acc using my fiance's Credit/Debit card over the internet using pay pal, if that makes sense.


    Seraya.


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    God/dess Bridgette's Avatar
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    Default Re: HELP! Sending money frm the US and Pay pal query

    If you have a paypal account attached to your UK bank account, and a paypal account attached to your fiance's bank account/debit card, you could send money via the paypal accounts then withdraw the funds to your UK bank. Basically your fiance would be sending you money from his paypal account to your paypal, then you log into your paypal account and deposit the money into your bank.

    I hope I'm explaining that clearly...

    Quote Originally Posted by pheno View Post
    When you lead a nontraditional life don't try to measure it with traditional milestones.

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    Default Re: HELP! Sending money frm the US and Pay pal query

    yes but again be aware that these cross-border financial transactions WILL be monitored, and if the total amount transferred within the same year starts to get significant it will almost certainly trigger IRS/Inland Revenue attention being brought at both ends.

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    Default Re: HELP! Sending money frm the US and Pay pal query

    Quote Originally Posted by Bridgette
    If you have a paypal account attached to your UK bank account, and a paypal account attached to your fiance's bank account/debit card, you could send money via the paypal accounts then withdraw the funds to your UK bank. Basically your fiance would be sending you money from his paypal account to your paypal, then you log into your paypal account and deposit the money into your bank.

    I hope I'm explaining that clearly...
    This is exactly what i mean't i just wanted to know if it was possible.... thanks hun.

    Quote Originally Posted by Melonie
    yes but again be aware that these cross-border financial transactions WILL be monitored, and if the total amount transferred within the same year starts to get significant it will almost certainly trigger IRS/Inland Revenue attention being brought at both ends.
    I wont be sending large amounts.. less than a hunderd bucks (£50) a month.

    Seraya.


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