Is it safe to send money from Guinea-Bissau to The Philippines through online services?
Yes, it is generally safe to send money online from Guinea-Bissau to The Philippines using trusted international platforms. Look for services with encryption, customer support, and regulatory licenses in both Guinea-Bissau and The Philippines to ensure your transfer is secure.
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.
Will the recipient in The Philippines need identification to receive money from Guinea-Bissau?
Yes. If you're sending money from Guinea-Bissau to The Philippines for cash pickup, the recipient in The Philippines must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Guinea-Bissau is securely delivered in The Philippines.
How much is the commission for your service?
We do not charge any commission from the users of our system.