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 Indonesia to Canada?
Yes, most providers have limits on international transfers from Indonesia to Canada. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Indonesia to Canada may require identity verification or proof of source of funds.
Is it safe to send money from Indonesia to Canada through online services?
Yes, it is generally safe to send money online from Indonesia to Canada using trusted international platforms. Look for services with encryption, customer support, and regulatory licenses in both Indonesia and Canada to ensure your transfer is secure.
Can I send money from Indonesia to Canada on weekends or holidays?
Yes, you can initiate a transfer from Indonesia to Canada anytime, including weekends and public holidays. However, depending on the service, delivery to Canada may be delayed until the next business day, especially for bank transfers.