How do I transfer 100k internationally?
How do I transfer 100k internationally? Wire Transfers You can send large sums of money from one bank account to another with a wire transfer. These types of transfers are initiated through a bank officer at the delivering bank who fills out the necessary forms.
Are wire transfers over $10000 reported to the IRS?
While the general rule is that wire transfers over $10,000 must be reported to the IRS, there are some exceptions to this requirement. These include: Transactions that are conducted by financial institutions on behalf of the US government. Transactions that are conducted between financial institutions.