Can I send money from Benin to Canada on weekends or holidays?
Yes, you can initiate a transfer from Benin to Canada anytime, including weekends and public holidays. However, depending on the service, delivery to Canada may be delayed until the next business day, especially for bank transfers.
How to calculate taxes on foreign payments?
If for some reason the bank's rate on that day was higher than the Central Bank's rate (the rarest
case), the "service" received is also taxed. It is easier to follow this point than to deal with
additional calculations.
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Can I send money from Benin to a bank account in Canada?
Yes, many international money transfer services allow you to send money from Benin directly to a bank account in Canada. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for Canada banks.