Will the recipient in Germany need identification to receive money from Lao?
Yes. If you're sending money from Lao to Germany for cash pickup, the recipient in Germany must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Lao is securely delivered in Germany.
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.
How much is the commission for your service?
We do not charge any commission from the users of our system.
Do I need a bank account in Lao to send money to Germany?
Not necessarily. Many international services operating in Lao offer cash transfers to Germany, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Lao to Germany, an account will be required.
