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 Timor-Leste to Australia on weekends or holidays?
Yes, you can initiate a transfer from Timor-Leste to Australia anytime, including weekends and public holidays. However, depending on the service, delivery to Australia may be delayed until the next business day, especially for bank transfers.
How much is the commission for your service?
We do not charge any commission from the users of our system.
Will the recipient in Australia need identification to receive money from Timor-Leste?
Yes. If you're sending money from Timor-Leste to Australia for cash pickup, the recipient in Australia must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Timor-Leste is securely delivered in Australia.
