There are hundreds of thousand banks Banking Experience in the whole world right now, and every single one of them provides their customers with online banking services. With the help of these online services you are not just going to transfer your money, but there are several other services as well provided by this online
Like now you can pay your utility bills, top up your mobile credit, and even pay for food with online order as well. Well as you can see that everything is indirectly connected to sending or receiving of money to from your bank account.
If you want to send money to some other bank account of the
same bank or even to a different bank in your country, then there is a limit for every day. And if your transfer is under that limit then you will not be charged with any kind of tax. Then comes sending money to a different country. And for this, if you want to send even a single penny still you will have to pay the
required tax, and as the amount of money increases so does the tax rate as well. All you need to know is just the exchange rates, as you will be getting the same rate.