logoalt Hacker News

unmolelast Saturday at 2:50 AM2 repliesview on HN

> 3.5% remittance fees on sending money out of the US:

The version of the bill that passed a 1% excise is applicable "only to any remittance transfer for which the sender provides cash, a money order, a cashier’s check, or any other similar physical instrument".


Replies

zhivotalast Saturday at 12:12 PM

Ok thank you I was really worried for a second. Capital controls are on the bingo card but I was hoping it wouldn't come yet.

ndiddylast Saturday at 1:30 PM

For comparison, India taxes remittances at 20%.

show 1 reply