Can I send money from Vietnam to a bank account in Ghana?
Yes, many international money transfer services allow you to send money from Vietnam directly to a bank account in Ghana. You will usually need the recipient’s full name, bank name, IBAN, and sometimes the SWIFT/BIC code for Ghana 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.
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Will the recipient in Ghana need identification to receive money from Vietnam?
Yes. If you're sending money from Vietnam to Ghana for cash pickup, the recipient in Ghana must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Vietnam is securely delivered in Ghana.