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.
Can I cancel a money transfer from Japan to Turkey after it's sent?
Yes, in most cases, you can cancel a money transfer from Japan to Turkey if the funds haven't yet been received in Turkey. To do so, contact the provider's support team in Japan or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Japan and Turkey.
What fees does Wise (TransferWise) charge for transferring money to Turkey?
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.
Can I send money from Japan to Turkey on weekends or holidays?
Yes, you can initiate a transfer from Japan to Turkey anytime, including weekends and public holidays. However, depending on the service, delivery to Turkey may be delayed until the next business day, especially for bank transfers.
