ATL Money Transfer is one of the options you can use to send money to 20 African countries. It has many options for your recipient to receive the money. In Mali, for example, the money can be conveniently delivered to the home of your beneficiary.
We have a success rate of 99.5% of transfers made to Mobile Money in Africa. This means out of every 200 transactions only 1 ends up having an issue.
How ATL Money Transfer Works
To send money using ATL, you will first have to register for free on the website. In the process of registering, ATL will send you an email to activate your online account. Once your account is activated, you can start sending money immediately. Unfortunately, there is no ATL Money Transfer app at the moment.
How to Pay for Your Transfer With ATL
ATL accepts payment in bank transfer (internet banking or local bank transfer), card (credit/debit) or InfinitCard, and Sofort banking.
How to Receive Money With ATL Money Transfer
Receiving methods vary depending on the country in Africa you are sending to as shown in the table below.
|Benin, Burkina Faso, Cameroon, Ghana, Niger, Senegal, Sierra Leone, Togo||Bank transfer, cash pickup and mobile money|
|Central African Republic, Congo, Equatorial Guines, Nigeria||Bank transfer|
|Gabon, Guinea-Bissau, Chad||Cash pickup and bank transfer|
|Guinea, The Gambia||Cash pickup|
|Kenya||Bank transfer and mobile money|
|Mali||Bank transfer, mobile money, cash pickup, home delivery|
|Ivory Coast||Bank transfer, cash pickup, electricity and water bill payment, and mobile money|
For cash pickup, you can find pickup locations by country here.
ATL Money Transfer Limits
The minimum amount you can transfer with ATL is £10 (or its equivalent). The maximum amount is £900 per year before account verification.
Once you have verified your ATL account, you will be able to send up to £10,000 per transaction online via bank transfer and a maximum amount of £5,000 via card. However, you can make more than one card payment a day.
How to Verify Your ATL Account
In the beginning, your ATL account is not verified but you will still be able to send money. If you want to increase your transfer limit, you then need to verify your account. Moreover, account verification improves the security of your account. To verify your account, you need to provide (i) one proof of identity (i.e. passport, national ID card, EU national resident permit, or EEA photo card driving license) and (ii) one proof of address (.i.e utility bill (British gas, electricity or bank statement), local authority tax bill, and correspondence from HM Revenue & Customs.
How Long Does It Take to Transfer Money With ATL?
Most currency transfers can take up 2 to 3 days to be cleared and arrive in the designated bank account. Paying with InfinitCard is the fastest way of sending your money.
How Much Do I Need to Pay for ATL Money Transfer?
If you send 500 GBP to Cameroon, your beneficiary will receive 365,000. Your transfer fee will be 15 GBP. The exchange rate at the time of writing this article will be 730 XAF, which is less than the mid-market exchange rate (738 XAF). Like many other money transfer services, ALT adds a markup on the exchange rate. There is a charge of 0.50% for using a GBP debit card, but with a credit card ALT charges 3% for processing. There are no extra charges for paying with Sofort banking, internet banking and InfinitCard.
Is ATL Safe?
ATL is safe. It is authorised and regulated by the Financial Conduct Authority (FCA) in the UK. All clients’ funds are held in UK bank accounts. These accounts are segregated to protect client funds in the unexpected event of fraud or bankruptcy. Therefore, your money is always secure.
ATL automatically encrypts your confidential information in transit from your computer using the Secure Sockets Layer protocol (SSL) with an encryption key length of 256-bits (the highest level commercially available).
Where Can I Send Money Using ATL Money Transfer?
You can send money to Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guines, Gabon, Ghana, Equatorial Guinea, Guinea-Bissau, Ivory Coast, Kenya, Mali, Niger, Nigeria, Senegal, Sierra Leone, The Gambia, and Togo.
You can send money to these countries from the EU, Brazil, and the UK. The United States is not a supported country. In Africa, in addition to be able to receive money, you can also send to other countries from Cameroon, Ghana, and Ivory Coast. For instance, ATL Money Transfer in Ghana allows you to send money to over 30 countries in Africa and Europe.
ATL Money Transfer Reviews
ATL has a rating on 4.1/5 from only 14 reviews on Trustpilot. 71% of those who reviewed the service were satisfied with their transfer experiences while 7% were not.