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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.
Do I need a bank account in Lebanon to send money to Vietnam?
Not necessarily. Many international services operating in Lebanon offer cash transfers to Vietnam, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Lebanon to Vietnam, an account will be required.
Can I send money from Lebanon to a bank account in Vietnam?
Yes, many international money transfer services allow you to send money from Lebanon directly to a bank account in Vietnam. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for Vietnam banks.