Can I transfer money in another currency?
Yes, most services allow you to transfer money in various currencies.
The exchange rate will be set by the service at the time of the transfer.
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 Lebanon to Kyrgyzstan?
Yes, most providers have limits on international transfers from Lebanon to Kyrgyzstan. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Lebanon to Kyrgyzstan may require identity verification or proof of source of funds.
Do I need a bank account in Lebanon to send money to Kyrgyzstan?
Not necessarily. Many international services operating in Lebanon offer cash transfers to Kyrgyzstan, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Lebanon to Kyrgyzstan, an account will be required.
