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.
Do I need a bank account in Brazil to send money to Bosnia and Herzegovina?
Not necessarily. Many international services operating in Brazil offer cash transfers to Bosnia and Herzegovina, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Brazil to Bosnia and Herzegovina, an account will be required.
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Can I cancel a money transfer from Brazil to Bosnia and Herzegovina after it's sent?
Yes, in most cases, you can cancel a money transfer from Brazil to Bosnia and Herzegovina if the funds haven't yet been received in Bosnia and Herzegovina. To do so, contact the provider's support team in Brazil or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Brazil and Bosnia and Herzegovina.