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.
Are there limits on how much I can send from Russia to Korea?
Yes, most providers have limits on international transfers from Russia to Korea. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Russia to Korea may require identity verification or proof of source of funds.
Can I send money from Russia to Korea on weekends or holidays?
Yes, you can initiate a transfer from Russia to Korea anytime, including weekends and public holidays. However, depending on the service, delivery to Korea may be delayed until the next business day, especially for bank transfers.
Can I transfer money in another currency?
Yes, most services allow you to transfer money in various currencies.
The exchange rate will be set by the service at the time of the transfer.
