The best money transfer services

Online transfer platforms are ranked based on exchange rates, the time a transaction takes and the amount of currencies a platform makes available.

There are banks and other financial institutions, but what you need to know is that you can get rid of all the bureaucracy of traditional financial institutions and the high exchange rates, you have the power of choice, and the best ones are online.

 

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Many African countries have many low-value currencies and when there is an intercontinental transfer via bank, the issuer pays a high fee, which if converted into local African currency would be a small fortune, so that you do not fall into this trap, you need to know the best platforms.

So, what are the best platforms?

  1. World Remit – trust

Through World Remit you can send money to the entire African continent, with the exception of three countries, this platform covers about 130 countries worldwide and leads the list for its efficiency and availability of more than 70 currencies. The platform has the function of transferring to mobile wallet accounts from carriers, being able to transfer currency to a person who does not have an active bank account, all that is needed is a cell phone with a mobile account. It is fast, simple to use and almost global. To access the site click on the link. 

  1. Remitly

Remitly allows you to send money to over 120 countries globally. It has cash withdrawal options, sending to mobile carrier wallets and bank accounts. With Remitly you can send money to your contacts instantly and securely, it works in almost all African countries and is easy to use. Access it through the link, and the first transfer on this site is always free.

  1. Wise

Wise deserves attention because it works all over the world. Wise offers the customer the possibilities of low cost, easy and fast transfers. This platform is ideal for people working abroad and looking to transfer money to their family, friends, business associates, etc. Wise has 24 currencies. Unlike the first three options through Wise you can only send to bank accounts. To access the site click on the link.

  1. Azimo

Azimo allows remittance to over 190 countries and has 80 currencies in its repertoire making it a colossus in the business. With Azimo you can send money to over 190 countries from all over Western and Central Europe. From this platform it is possible to transfer money to several African countries. You can get more information about this platform at this link.

  1. Paysend

Paysend is amazing for fixing the cost of sending, Paysend allows you to send money to over 100 countries around the world for a flat fee. This is ideal for those looking to send large amounts of money for a good rate, in addition to transferring to bank accounts it allows you to send money to digital wallets. To access click on the link.

  1. PayPal

PayPal is one of the oldest in the digital finance industry, provides payment services for goods and services worldwide, allows synchronization with various other platforms and is a kind of electronic payment system. Every citizen who frequently moves capital over the internet should have a PayPal account, besides operating worldwide it has good rates, so it remains strong in the market. To access the site click on the link.

PayPal has launched the Xoom service for international money transfers in 132 countries around the world. Users will be able to use Xoom to quickly transfer money, pay bills or top up cell phone credit in more than 130 countries, including many African countries. The link can be founded here.

 

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