Can I send money from French Polynesia to a bank account in The United Arab Emirates?
Yes, many international money transfer services allow you to send money from French Polynesia directly to a bank account in The United Arab Emirates. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for The United Arab Emirates banks.
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.
Do I need a bank account in French Polynesia to send money to The United Arab Emirates?
Not necessarily. Many international services operating in French Polynesia offer cash transfers to The United Arab Emirates, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from French Polynesia to The United Arab Emirates, an account will be required.
What fees does Wise (TransferWise) charge for transferring money to The United Arab Emirates?
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.