Do I need a bank account in Indonesia to send money to Hungary?
Not necessarily. Many international services operating in Indonesia offer cash transfers to Hungary, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Indonesia to Hungary, an account will be required.
Can I cancel a money transfer from Indonesia to Hungary after it's sent?
Yes, in most cases, you can cancel a money transfer from Indonesia to Hungary if the funds haven't yet been received in Hungary. To do so, contact the provider's support team in Indonesia or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Indonesia and Hungary.
Can I send money from Indonesia to Hungary on weekends or holidays?
Yes, you can initiate a transfer from Indonesia to Hungary anytime, including weekends and public holidays. However, depending on the service, delivery to Hungary may be delayed until the next business day, especially for bank transfers.
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.
