Are there limits on how much I can send from Monaco to Vietnam?
Yes, most providers have limits on international transfers from Monaco to Vietnam. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Monaco to Vietnam may require identity verification or proof of source of funds.
Will the recipient in Vietnam need identification to receive money from Monaco?
Yes. If you're sending money from Monaco to Vietnam for cash pickup, the recipient in Vietnam must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Monaco is securely delivered in Vietnam.
What should I do if I lose my transfer information?
Contact the service's customer support immediately so they can assist you.
You may be required to provide personal information and the transfer number.
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.
