Originally Posted by
Taxiback
After reading through this PayPal thread it seems like a common question is "can I send money from my account with a CC to my wife/husbands account then cash out to bank account" and the answer is almost always " PayPal will catch on quick and shut you down"
Now a twist to that question, I am a canadian living in the states, I still have my canadian paypal account ( not as easy as just change country in PayPal) we use my wife's account for our PayPal needs.
What are the odds of getting shut down if I use my cdn account to send her fund from cc and she then cashes out to bank?
I don't know if you're particularly interested in the MS aspect of this, or just in moving money cross-border. When I was married to someone in Canada, I found that xe.com was extremely convenient and low in cost. I was typically paying total costs of 110-130 basis points - basically, that was the deviation from mid-market exchange rates, and there were no other fees like for EFT.