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.
Is it safe to send money from Indonesia to Vietnam through online services?
Yes, it is generally safe to send money online from Indonesia to Vietnam using trusted international platforms. Look for services with encryption, customer support, and regulatory licenses in both Indonesia and Vietnam to ensure your transfer is secure.
What fees does Wise (TransferWise) charge for transferring money to Vietnam?
Wise's fees depend on the transfer amount and chosen payment method. You can calculate the exact cost of your transfer on their website before making a transaction.
Are there limits on how much I can send from Indonesia to Vietnam?
Yes, most providers have limits on international transfers from Indonesia to Vietnam. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Indonesia to Vietnam may require identity verification or proof of source of funds.
