Will the recipient in Brazil need identification to receive money from Madagascar?
Yes. If you're sending money from Madagascar to Brazil for cash pickup, the recipient in Brazil must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Madagascar is securely delivered in Brazil.
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 send money from Madagascar to Brazil on weekends or holidays?
Yes, you can initiate a transfer from Madagascar to Brazil anytime, including weekends and public holidays. However, depending on the service, delivery to Brazil may be delayed until the next business day, especially for bank transfers.
Can I cancel a money transfer from Madagascar to Brazil after it's sent?
Yes, in most cases, you can cancel a money transfer from Madagascar to Brazil if the funds haven't yet been received in Brazil. To do so, contact the provider's support team in Madagascar or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Madagascar and Brazil.
