How do WLs send money to their home countries?

[Joun23]

Hi fellow punters
I was curious about how those WLs working in Australia sending big money to their home.
By law, you must report any currency you are carrying of AUD 10k or more when departing Australia.
I know there is no limit to the amount of money you can travel with but doubt that WLs carry big amount when they go back to their countries as they are likely to be questioned where they have gained that much money from a relatively short period of their stay in Australia.
Even bank transfer has no limit either but I don't think this is what they do.

[faruk]

It's not illegal to be a sex worker tho

[mn69]

Hi fellow punters
I was curious about how those WLs working in Australia sending big money to their home.
By law, you must report any currency you are carrying of AUD 10k or more when departing Australia.
I know there is no limit to the amount of money you can travel with but doubt that WLs carry big amount when they go back to their countries as they are likely to be questioned where they have gained that much money from a relatively short period of their stay in Australia.
Even bank transfer has no limit either but I don't think this is what they do.

Alot of Farangs send money to their Thai "girlfriends/wives" via Western Union. So I'm guessing the WL's they send money to their families in Isaan this way too.

Or they will carry like $9.99k, the rest in designer goods then sell it again once they get home.
The rest just cross their fingers they dont get searched

[Joun23]

It is not illegal to be a sex worker in Australia but not on a WH visa.
Our government considers (has done) getting rid of WH visa for certain countries due to the WH visa being abused by those sex workers.

[dotcumdotinyou]

The Koreans have "agents" here in Sydney, mainly in Stratty, Ewoo and the city. They go to the agent tell them how much they want to send to their home bank accounts, the agent works out an exchange rate that includes their commission and if the the girl is happy she hands over the cash and her bank account number and the money is transferred into her account the next day from the agents Korean bank account.

The cash is kept here until the agent can arrange for mules to take it back to Korea a bit at a time. The agents also use bank transfers and western union in small amounts regularly so as not to arouse suspicion.

[jaquedm1307]

There's always Hawala

https://en.m.wikipedia.org/wiki/Hawala

[ReginaldBubbles]

It is not illegal to be a sex worker in Australia but not on a WH visa.
Our government considers (has done) getting rid of WH visa for certain countries due to the WH visa being abused by those sex workers.

Are you saying it's illegal to do sex work on a wh visa?

[Zoobender]

Are you saying it's illegal to do sex work on a wh visa?

You can work on that visa. It jidt carries time restrictions. Which is actually why alot of these girls turn to this type of job lol it's like a vicious circle

[mn69]

It is not illegal to be a sex worker in Australia

It depends which state. NSW its legal. Not sure about other states

[trampslikeus55]

Western Union is popular. SWIFT on standard bank accounts. Less than $5K triggers nothing and both legit.

[GoldfishMan]

There's always Hawala

https://en.m.wikipedia.org/wiki/Hawala

Wow, I didn't realise there was a special term for this. Thanks bro!

And I'll have to agree, this is the way they do it. It is practically untraceable. I know a Chinese guy who ran one of these operations for years, although his wasn't based on different brokers on either side. Both sides were "him", his brother operated the other side in China. No bond is stronger than blood, no?

His clientele consisted of WGs and rich people trying to get their funds out of China. With this type of high value "deposits" on both sides, he was able to sustain high cash balances on both sides to keep the business running.

He made a lot of money doing this. Moved on to bigger things now, I think.

[JJBlows]

Wow, I didn't realise there was a special term for this. Thanks bro!

And I'll have to agree, this is the way they do it. It is practically untraceable. I know a Chinese guy who ran one of these operations for years, although his wasn't based on different brokers on either side. Both sides were "him", his brother operated the other side in China. No bond is stronger than blood, no?

His clientele consisted of WGs and rich people trying to get their funds out of China. With this type of high value "deposits" on both sides, he was able to sustain high cash balances on both sides to keep the business running.

He made a lot of money doing this. Moved on to bigger things now, I think.

how does it actually work? so if i gave you 30K, how is it moved?

also this post made me curious about if WL have their own forum where they discuss these things for other young WL getting into the game learn these tips, tricks and procedures from the older experienced WL. i mean not every girl getting into the game will know how to sort of launder their money, what visas to get etc etc, like business you sometimes need a mentor

[GoldfishMan]

how does it actually work? so if i gave you 30K, how is it moved?

also this post made me curious about if WL have their own forum where they discuss these things for other young WL getting into the game learn these tips, tricks and procedures from the older experienced WL. i mean not every girl getting into the game will know how to sort of launder their money, what visas to get etc etc, like business you sometimes need a mentor

You give me AUD 30k. Let's say my cut is 10% (this is a realistic number btw), and you want to send money to China. I ask you who is your contact in China, you give me their ID number.

Next, I'll just call my guy in China and tell him to pay AUD 27K (30k - 10% cut) equivalent in RMB to your guy after he's met my guy and shown his ID number as proof. This money paid is from the cash stash in China, not the stash in Australia. It doesn't matter because I own both stashes.

Voila, money is transferred without actually being "moved". All that's happened is my balance is increased at one point and reduced at the other. The sender pays money to one side, the receiver gets money from the other side, like "magic".

All this done using cash, no bank accounts whatsoever.

[themort]

Wise is excellent, and I know plenty who are using it.