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Old 02-26-2009, 11:34 AM
 
329 posts, read 1,529,346 times
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I just don't know the best option to save money because of the dollar buying and selling rate difference. I heard people lose lot of money because the dollar is still strong.

Also can my sister who will be given power of attorney to sell the home, can she transfer the money in to my checking account in the USA?

please advice.
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Old 02-26-2009, 11:54 AM
 
Location: Stewartsville, NJ
7,577 posts, read 22,612,425 times
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Originally Posted by lets_hope_for_newbruns View Post
I just don't know the best option to save money because of the dollar buying and selling rate difference. I heard people lose lot of money because the dollar is still strong.

Also can my sister who will be given power of attorney to sell the home, can she transfer the money in to my checking account in the USA?

please advice.
Yes..but do it in less than 10K (us) increments otherwise uncle sam will take a big bite out of it. Other option is, set up an ingdirect account abroad... and link that account to an american acct. Again..transfer less than 10K each time.
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