Can I cancel a money transfer from Brazil to Ethiopia after it's sent?
Yes, in most cases, you can cancel a money transfer from Brazil to Ethiopia if the funds haven't yet been received in Ethiopia. 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 Ethiopia.
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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.
Will the recipient in Ethiopia need identification to receive money from Brazil?
Yes. If you're sending money from Brazil to Ethiopia for cash pickup, the recipient in Ethiopia must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Brazil is securely delivered in Ethiopia.