Can I transfer money in another currency?
Yes, most services allow you to transfer money in various currencies.
The exchange rate will be set by the service at the time of the transfer.
Can I send money from Bermuda to Vietnam on weekends or holidays?
Yes, you can initiate a transfer from Bermuda to Vietnam anytime, including weekends and public holidays. However, depending on the service, delivery to Vietnam 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.
Can I cancel a money transfer from Bermuda to Vietnam after it's sent?
Yes, in most cases, you can cancel a money transfer from Bermuda to Vietnam if the funds haven't yet been received in Vietnam. To do so, contact the provider's support team in Bermuda or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Bermuda and Vietnam.
