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 Paraguay to Germany on weekends or holidays?
Yes, you can initiate a transfer from Paraguay to Germany anytime, including weekends and public holidays. However, depending on the service, delivery to Germany may be delayed until the next business day, especially for bank transfers.
Can I send money from Paraguay to a bank account in Germany?
Yes, many international money transfer services allow you to send money from Paraguay directly to a bank account in Germany. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for Germany banks.
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