Wello won’t withhold any taxes on money you transfer. Depending on the nature of a transfer, you and/or the recipient may need to declare and pay tax. Wello can’t advise whether tax applies to your transfer and we recommend that you ask a financial advisor and/or the relevant tax authority.

Wello is not in a position to provide tax advice. We advise you to speak to a tax professional for any tax-related questions.
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You may view Wello’s Tax Responsibility Disclaimer in our [Terms of Use].