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 send money from Cape Verde to Spain on weekends or holidays?
Yes, you can initiate a transfer from Cape Verde to Spain anytime, including weekends and public holidays. However, depending on the service, delivery to Spain may be delayed until the next business day, especially for bank transfers.
Can I cancel a money transfer from Cape Verde to Spain after it's sent?
Yes, in most cases, you can cancel a money transfer from Cape Verde to Spain if the funds haven't yet been received in Spain. To do so, contact the provider's support team in Cape Verde or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Cape Verde and Spain.
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