Are there limits on how much I can send from Eritrea to The Argentina?
Yes, most providers have limits on international transfers from Eritrea to The Argentina. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Eritrea to The Argentina may require identity verification or proof of source of funds.
What are the advantages and disadvantages of using a SWIFT bank transfer?
Advantages: Large amounts can be transferred securely.
Disadvantages: Longer processing time (several days), high fees from both sending and receiving banks.
Can I send money from Eritrea to The Argentina on weekends or holidays?
Yes, you can initiate a transfer from Eritrea to The Argentina anytime, including weekends and public holidays. However, depending on the service, delivery to The Argentina 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.