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 send from Vanuatu to Indonesia?
Yes, most providers have limits on international transfers from Vanuatu to Indonesia. These limits may depend on the provider, the amount, and your identification level. For example, larger transfers from Vanuatu to Indonesia may require identity verification or proof of source of funds.
Can I cancel a money transfer from Vanuatu to Indonesia after it's sent?
Yes, in most cases, you can cancel a money transfer from Vanuatu to Indonesia if the funds haven't yet been received in Indonesia. To do so, contact the provider's support team in Vanuatu or use their app/website. Keep in mind that some services may charge a cancellation fee for transfers between Vanuatu and Indonesia.
What fees does Wise (TransferWise) charge for transferring money to Indonesia?
Wise's fees depend on the transfer amount and chosen payment method. You can calculate the exact cost of your transfer on their website before making a transaction.
