Will the recipient in France need identification to receive money from Ethiopia?
Yes. If you're sending money from Ethiopia to France for cash pickup, the recipient in France must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Ethiopia is securely delivered in France.
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.
Are there limits on how much I can send from Ethiopia to France?
Yes, most providers have limits on international transfers from Ethiopia to France. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Ethiopia to France may require identity verification or proof of source of funds.
Do I need a bank account in Ethiopia to send money to France?
Not necessarily. Many international services operating in Ethiopia offer cash transfers to France, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Ethiopia to France, an account will be required.