What fees does Wise (TransferWise) charge for transferring money to Germany?
Wise's fees depend on the transfer amount and chosen payment method. You can calculate the exact cost of your transfer on their website before making a transaction.
Do I need a bank account in Benin to send money to Germany?
Not necessarily. Many international services operating in Benin offer cash transfers to Germany, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Benin to Germany, an account will be required.
Will the recipient in Germany need identification to receive money from Benin?
Yes. If you're sending money from Benin to Germany for cash pickup, the recipient in Germany must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Benin is securely delivered in Germany.
Can I cancel a money transfer from Benin to Germany after it's sent?
Yes, in most cases, you can cancel a money transfer from Benin to Germany if the funds haven't yet been received in Germany. To do so, contact the provider's support team in Benin or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Benin and Germany.