Will the recipient in Guinea-Bissau need identification to receive money from India?
Yes. If you're sending money from India to Guinea-Bissau for cash pickup, the recipient in Guinea-Bissau must show a valid ID and sometimes the transaction number. This helps ensure that money sent from India is securely delivered in Guinea-Bissau.
What are the advantages and disadvantages of using a SWIFT bank transfer?
Advantages: Large amounts can be transferred securely.
Disadvantages: Longer processing time (several days), high fees from both sending and receiving banks.
Are there limits on how much I can send from India to Guinea-Bissau?
Yes, most providers have limits on international transfers from India to Guinea-Bissau. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from India to Guinea-Bissau may require identity verification or proof of source of funds.
Are there limits on how much I can transfer?
Yes, each service has its own limits on the transfer amount.
You can find information about the limits on the service's website or app.
