- Sep 30, 2016
I'm aware of dealing with international banking procedures. My request for info was reference the gov't (tax) getting involved. I'm transferring a savings, not earned income. So if something like US$ 50,000 is transferred to a US$ account in an Indonesian bank, would it be subject to tax payments?
I'm having my wife check with the staff at the bank for info, just wondering if anyone has had experience with this type of situation.
afaik, no it wouldn't
but put down reason is for property purchase or car purchase or investment