Will the recipient in French Polynesia need identification to receive money from Spain?
Yes. If you're sending money from Spain to French Polynesia for cash pickup, the recipient in French Polynesia must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Spain is securely delivered in French Polynesia.
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.
What fees does Wise (TransferWise) charge for transferring money to French Polynesia?
Wise's fees depend on the transfer amount and chosen payment method. You can calculate the exact cost of your transfer on their website before making a transaction.
Are there limits on how much I can send from Spain to French Polynesia?
Yes, most providers have limits on international transfers from Spain to French Polynesia. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Spain to French Polynesia may require identity verification or proof of source of funds.
