Can I send money from Korea to a bank account in Brazil?
Yes, many international money transfer services allow you to send money from Korea directly to a bank account in Brazil. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for Brazil banks.
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Can I cancel a money transfer from Korea to Brazil after it's sent?
Yes, in most cases, you can cancel a money transfer from Korea to Brazil if the funds haven't yet been received in Brazil. To do so, contact the provider's support team in Korea or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Korea and 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.
