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 The Argentina need identification to receive money from Vanuatu?
Yes. If you're sending money from Vanuatu to The Argentina for cash pickup, the recipient in The Argentina must show a valid ID and sometimes the transaction number. This helps ensure that money sent from Vanuatu is securely delivered in The Argentina.
Are there limits on how much I can send from Vanuatu to The Argentina?
Yes, most providers have limits on international transfers from Vanuatu to The Argentina. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Vanuatu to The Argentina may require identity verification or proof of source of funds.