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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.
Advantages: Large amounts can be transferred securely. Disadvantages: Longer processing time (several days), high fees from both sending and receiving banks.
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Yes, most services provide a way to track the status of your transfer online or through a mobile app.
You will be provided with a tracking number that can be used to check the transfer status on the service's website or app.
