Can I send money from Uruguay to a bank account in Vietnam?
Yes, many international money transfer services allow you to send money from Uruguay directly to a bank account in Vietnam. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for Vietnam 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.
Are there limits on how much I can transfer?
Yes, each service has its own limits on the transfer amount.
You can find information about the limits on the service's website or app.
Can I cancel a money transfer from Uruguay to Vietnam after it's sent?
Yes, in most cases, you can cancel a money transfer from Uruguay to Vietnam if the funds haven't yet been received in Vietnam. To do so, contact the provider's support team in Uruguay or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Uruguay and Vietnam.
