Send Money from Sao Tome and Principe to Indonesia

FAQ

Do I need a bank account in Sao Tome and Principe to send money to Indonesia?

Not necessarily. Many international services operating in Sao Tome and Principe offer cash transfers to Indonesia, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Sao Tome and Principe to Indonesia, an account will be required.

Are there limits on how much I can send from Sao Tome and Principe to Indonesia?

Yes, most providers have limits on international transfers from Sao Tome and Principe to Indonesia. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Sao Tome and Principe to Indonesia may require identity verification or proof of source of funds.

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.

How long will it take for the money to reach the recipient?

The processing time depends on the chosen service and delivery method.

Transfers through international money transfer systems (MoneyGram, Ria Money Transfer, Western Union) are usually credited within minutes.

SWIFT bank transfers may take 1 to 3 business days.

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