If you only have cash and don’t have a bank account in the country where you live and work, sending cash is for most people the only way of transferring money to Africa. Sending cash be a bit costly though, and thankfully there are also alternatives.
The best known services for sending cash to Africa include WordRemit, Xoom, Azimo and Ria. They may ask for relatively high commission. And their exchange rate is also know to be bad.
Alternatives you have are depositing money on a bank account of a friend and using his or her bank account to make a transfer. Or you can also resort to sending crypto-money such as bitcoin.
Small World and Ecobank have entered into a partnership to provide fast, convenient and affordable remittance services to Africans in the diaspora. Small World is a global money transfer service that allows Africans in the diaspora to make fast and low-cost transfers to individuals and businesses in over 40 African countries from Europe, Brazil and …
Read moreSmall World Enters Into Remittance Partnership With Ecobank
Tranglo, a global money transfer service, has entered the Sub Saharan Africa market. It has launched services in 3 new money transfer corridors in Nigeria, Ghana, and Uganda. Tranglo supports international remittance, airtime top-ups, and business payments. Founded in 2008 in Malaysia, Tranglo makes international transfers faster, cheaper and secure. Transfers to the three countries …
Read moreTranglo Introduces Money Transfer to Nigeria, Ghana, and Uganda
BOSS Revolution is an American money transfer company that allows users to send money and airtime top up from the United States to over 20 African countries. The service was founded in 2013 and it is run under IDT Payment Services. https://www.youtube.com/watch?v=RXE0FuWep80Video can’t be loaded because JavaScript is disabled: BOSS Revolution Money Transfer to Africa …
Read moreBoss Revolution Review 2021: Money Transfer from US to Africa
MoneyGram is one of the oldest and leading global money transfer services. It is also one of the most popular money transfer services to African countries. The company has a vast network of local agents in almost all African countries. It is the second largest money transfer company in the world after Western Union. How …
Moneytrans is a Belgian international money transfer company that supports money transfer service to over 20 countries in Africa. The company has been in the money transfer industry since 2002. Its digital money transfer service, iMoneytrans, was launched in 2016. How Moneytrans Works To sign up for Moneytrans services, you have the option of using …
Read moreMoneytrans Review: Cash Pickup, Mobile Money Wallet, and Bank Transfers
Instant Cash Money Transfer (Instant Cash) is a global money transfer service headquartered in the United Arab Emirates. The service allows you to send money conveniently and fast to select African countries. At INSTANT CASH, we stand behind our services so when we feature Instant Transfers, that’s exactly what our customers get: speedy transactions. From …
ACE Money Transfer is an international money transfer and cross-border payments service provider supporting 8 African countries. The Manchester-based company allows you to make your first transfer to supported countries fee-free. How ACE Works You can create your account on ACE website or via ACE apps on Google Play Store and Apple Store. Documents accepted …
Sharemoney is a money transfer services company that was founded in 2014 in the United States. It offers fast and convenient money transfer from the United States and Canada to 17 African countries. How Sharemoney Works Signing up for Sharemoney services involves providing your personal details after dowloading Sharemoney app on Android and iOS. You …
Read moreSharemoney Review: Send Money from US and Canada to Africa
Western Union is one of the best ways to send money to Libya. As a result of the political crisis in Libya, sending money to Libya can be difficult. Luckily, with services such as Western Union, you can transfer money to Libya from over 200 countries to your relatives and friends. Western Union is one …
Ping Money is a money transfer services that enables customers in the United Kindgom to send money to The Gambia. There are about 40,000 Gambians living in the United Kingdome. The service was launched in April 2017. How Ping Money Works Signing up and getting started with Ping Money is straightforward. You need to create …
Azimo, the British money transfer company, has stopped money transfer services to naira bank accounts and cash pickup in Nigeria. Up until recently, Azimo was one of the popular money transfer services to Nigeria. A notice on the company’s website says: Why can’t I transfer to a Naira bank account? Central Bank of Nigeria rules …
Read moreAzimo Stops Money Transfer to Naira Bank Accounts and Cash Pickup
PaySii is a fast service to send money to over 30 countries in Africa from 14 countries around the world including US, UK, France, Sweden, Germany, Netherlands. and Norway. How PaySii Works For you to send money with PaySii, you can either choose to use the website or their Android app and iOS app. You …
Bitcoin-based remittances are expected to transform the international money transfer industry through low/zero fees and fastest transfers. According to the World Bank, sending money to Africa is more expensive than other regions in the world. In this article, we will show you how to send fiat money to your loved ones in Africa using Bitcoin. …
Polaris Bank has started to make payments in US dollars to money transfer beneficiaries in Nigeria. The service is available to both account and non-account holders. Polaris Bank is one of the largest banks in Nigeria with over 300 branches throughout the country. The Central Bank of Nigeria (CBN) has issued a directive to allow …
Read morePolaris Bank Pays Out Money Transfers in US Dollars in Nigeria
Over the years, Oman has been one of the popular destinations for Tanzanians who travel to the country for work, business and the historical connections between the two countries since Sultan Sayyid Said moved his capital from Oman to Zanzibar in 1840. Tanzanians living there or Omanis with relatives in Tanzania are always keen on …
