How are large sums of money transferred between nations?

Question

Say country A sends some billions of dollars to country B in aid or in exchange for some resource. How does the actual transfer take place? How does the wealth of country A decrease and the wealth of country B increase?

In: 472

Answer 1

Some conspiracy theorists would say, the way the rich do it is through fine art sales, or antiques, and down the line of denominations to fine watches. Need 70-80k in somewhat of a hurry? Sell that Rolex panda in whatever country you are in, in that place you know of. They’ll buy it, or have a buyer in a jiffy.