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 Vietnam to send money to Brunei Darussalam?
Not necessarily. Many international services operating in Vietnam offer cash transfers to Brunei Darussalam, so you can send money without a bank account. However, if you’re using online banking or bank-to-bank transfer from Vietnam to Brunei Darussalam, an account will be required.
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.
Can I send money from Vietnam to Brunei Darussalam on weekends or holidays?
Yes, you can initiate a transfer from Vietnam to Brunei Darussalam anytime, including weekends and public holidays. However, depending on the service, delivery to Brunei Darussalam may be delayed until the next business day, especially for bank transfers.
