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.
What fees does Wise (TransferWise) charge for transferring money to Moldova?
Wise's fees depend on the transfer amount and chosen payment method. You can calculate the exact cost of your transfer on their website before making a transaction.
Do I need a bank account in Martinique to send money to Moldova?
Not necessarily. Many international services operating in Martinique offer cash transfers to Moldova, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Martinique to Moldova, an account will be required.
Can I send money from Martinique to a bank account in Moldova?
Yes, many international money transfer services allow you to send money from Martinique directly to a bank account in Moldova. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for Moldova banks.
