There is an entire industry flourishing on international money transfer. The US is the leading country for international transfers. The industry is extremely lucrative and based on the fee and the arbitrage on the exchange rate.
Aside from the opening of a bank account overseas (for which there is a specific regulation to comply with), you may have several reasons to send money overseas. Paying a bill, making a gift, lending money are plausible and generally lawful. In any case, banks report your transaction. You have to (or maybe you have already) report(ed) your income regardless of your sending money overseas. However, if your intention is to transfer your assets little by little overseas.....that's a different story and of course I would suggest that this is a bad idea, not so smart to announce it here on this public forum, and pointless. Good luck.
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It's not just the IRS but the DOJ that takes notice of large transactions. They're looking for illegal money laundering too, so the bank will report any large transactions, regardless of what name is on account.
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Counsel are both correct. It's not a good idea as Mr. Melchionna points out. Why not just do it legally and correctly. Banks are required to report large sums of money although they can also do it if it looks suspicious.
And if you're doing or planning something illegal, and I'm not saying that you are, don't post it on a public forum.
If you're serious about doing this right, spend the money and hire a lawyer.
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As long as you are doing it "above the board" then you are doing everything you can. It can look strange to send 10k to a foreign country, but it is also very normal. If you aren't doing anything wrong, that is all you can be expected to do.
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Use a bank wire, it is a cheaper and you may find Western Union less than cooperative with larger wire transfers. I disagree with my collegues, the government does not really care as long as it is for a legitimate business purpose. There is an automatic report generated as with all transfers over $10,000, unless you are wiring it to Sudan or Yemen, it will scarcely attract attention. And do use a bank wire instead of Western Union which would involve withdrawing cash from your business account and paying a much hire rate for the wire and currency exchange rate.
This is not legal advice but a general comment on society. International Law 24/7 hotline +1-202-318-2406 - Dr. Jonathan Levy, PhD calls or emails usually returned within 24 hours.