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 cancel a money transfer from Guinea-Bissau to Germany after it's sent?
Yes, in most cases, you can cancel a money transfer from Guinea-Bissau to Germany if the funds haven't yet been received in Germany. To do so, contact the provider's support team in Guinea-Bissau or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Guinea-Bissau and Germany.
How trustworthy is the information on your website?
The information on our website is transparent, independent and verified by independent experts
Do I need a bank account in Guinea-Bissau to send money to Germany?
Not necessarily. Many international services operating in Guinea-Bissau offer cash transfers to Germany, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Guinea-Bissau to Germany, an account will be required.
