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 send money from Equatorial Guinea to a bank account in The United Kingdom?
Yes, many international money transfer services allow you to send money from Equatorial Guinea directly to a bank account in The United Kingdom. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for The United Kingdom banks.
Can I cancel a money transfer from Equatorial Guinea to The United Kingdom after it's sent?
Yes, in most cases, you can cancel a money transfer from Equatorial Guinea to The United Kingdom if the funds haven't yet been received in The United Kingdom. To do so, contact the provider's support team in Equatorial Guinea or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Equatorial Guinea and The United Kingdom.
How much is the commission for your service?
We do not charge any commission from the users of our system.
