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 Malta?
Yes, most providers have limits on international transfers from Indonesia to Malta. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Indonesia to Malta may require identity verification or proof of source of funds.
Will the recipient in Malta need identification to receive money from Indonesia?
Yes. If you're sending money from Indonesia to Malta for cash pickup, the recipient in Malta must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Indonesia is securely delivered in Malta.
Do I need a bank account in Indonesia to send money to Malta?
Not necessarily. Many international services operating in Indonesia offer cash transfers to Malta, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Indonesia to Malta, an account will be required.
