People all over the world are constantly looking for the easiest and most secure ways to send money. When you’re trying to send money to Africa, this need is even more crucial. The problem sometimes is that banks don’t offer the best avenue to send funds to African countries. Mostly because they take too long and have multiple charges. Then there’s the issue of someone not having a bank account. There has to be another way. Well, there actually is another way. You can send money to African countries using a money transfer app.
In this article, we will attempt to show you some of the money transfer app services that you can use to send money easily to Africa. The recipient doesn’t need to have a bank account to receive funds from you. The best part about a money transfer app is that it is a lot cheaper and faster than using a bank. So, here are some of the apps:
Western Union began over a century ago and grew to become one of the biggest international conglomerates of our time. It has over half a million agents distributed all over the world and over ten thousand employees at your beck and call. They transact in over a hundred currencies from different countries of the world.
Western Union is a lot cheaper to use and faster too when compared to bank transfers. Hence, the reason why it became so popular over the years. What’s more, through their wide network of agents strategically in different parts of African countries, your recipient will receive funds, even when they don’t have a bank account.
To use this service, you can head on to their website or opt to use their mobile apps. After creating an account or logging in, you can follow instructions to send money to Africa.
Afriex Money Transfer App
Afriex is a new kid on the block with promising prospects. Even though it has only been around for a short time, the impact and stretch of its services are amazing. You can use this money transfer app to send money to your friends, family, or business persons in Africa. They don’t even need to have a bank account to receive funds from you.
You only need to visit their site and sign up or log in. Thereafter, you can send funds to your people in Africa. Furthermore, it has flexible options like sending cryptocurrency such as Bitcoins. Thus, you can even gift people Bitcoins instead of using fiat currency.
Another effective money transfer app that you can use is TransferWise. The founders of Skype came up with this tool and it is one of the simplest and cheapest ways to send money to Africa. As with other options on the table, you can easily head on to their website or download their app to start making transfers easily.
The advantageous side of TransferWise is that you get to send money in any currency that you wish and also select the ideal currency that the recipient receives the funds. Unlike using a bank transfer, you get fair exchange rates. In fact, the exchange rates you get are quite similar to the ones that you’d see on Google.
Funds from TransferWise get to the recipient in just about three days or less. In most cases, the funds will arrive within 24 hours.
Remitly Money Transfer App
Their services are just similar to what you’d get in all of the above options. The biggest advantage that Remitly has over the others, nonetheless, is that standard transfers are absolutely free. By standard transfers, we’re talking about transfers that can go as long as 3-5 days. So, if you’re patient enough to wait that long, then you can easily save the transfer charges. But if it’s an emergency, then you’ll have to foot the transfer fees for the funds to arrive on time. And by getting there on time we mean just a few minutes.
Payoneer is a credible money transfer app that has gained the trust of millions all over the world. It is particularly growing quite rapidly in African countries. In essence, it is available in 200 countries all over the world and operates in 150 distinct currencies.
Since you can easily find Payoneer in small countries, it has become a go-to money transfer app for many. The best part about Payoneer is that making transfers to other Payoneer users is completely free. This goes a long way in helping you save money when sending it to your folks in Africa.
These money transfer alternatives act as a lifesaver for people sending funds to Africa, especially immigrants. Choose any of the money transfer app services here to send money to your people in Africa, even if they don’t have a bank account.