Online transfer platforms are ranked based on exchange rates, the time a transaction takes and the amount of currencies a platform makes available.
To get rid of all the bureaucracy of traditional financial institutions and the high exchange rates, you might be noticed about the best platforms.
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. To do not fall into this trap, you need to know the best platforms.
See the best platforms
World Remit – trust
Through World Remit you can send money to 130 countries worldwide and the services cover almost the entire African continent. World Remit 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.
Remitly
Remitly allows you to send money to over 120 countries world-wide. 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 your first transfer on this site is always free.
Wise
Wise works all over the world, offering to the customer 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 and unlike the first three options, through Wise you can only send to bank accounts. To access the site click on the link.
Azimo
Azimo allows remittance to over 190 countries and has 80 currencies in its repertoire. With the app you can send money to over 190 countries from all over Western and Central Europe and to several African countries. You can get more information about the platform at this link.
Paysend
Paysend is amazing for fixing the cost of sending and covers 100 countries around the world for a flat fee. This is ideal to send large amounts of money for a good rate, in addition, beyond transferring to bank accounts it allows you to send money to digital wallets. To access click on the link.
PayPal
PayPal provides payment services for goods and services worldwide, allows synchronization with various platforms and is an electronic payment system. 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 are able to use Xoom to quickly transfer money and pay bills in more than 130 countries. Tap here for more.
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