Finance

Top 3 Ways to Send Money Abroad in Africa

Living abroad and sending money to your loved ones can be difficult. It usually gets very difficult to transfer money internationally. But not anymore, with the advent of digital media as a means for money transfer, the process has got easier especially with the introduction of Safaricom MPESA charges. For a country like Africa where the technology and infrastructure are not so developed, it can be a headache to transfer money. 

But we are here to help you with all the information. There are many apps available if you want to send money abroad in Africa, but Safaricom MPESA charges one of the least services charges on all its transfers. 

The most convenient way to send money abroad in Africa is through digital mediums. In this article, we are going to list the top 3 ways to send money abroad in Africa. 

Ways to Send Money Abroad in Africa 

  • Safaricom MPESA

Safaricom MPESA is one of the most widely used digital platforms in African countries like Kenya, Lesotho, Mozambique, Egypt, etc. 

The transfer process is very simple and incurs minimal charges. All you have to do to transfer money is to have an MPESA account. In your account, select the ‘Send Money’ option and then enter the recipient’s phone number and amount to be transferred. Then that just confirms your transaction by typing the 4-digit pin in your account. The money will safely reach the recipient.  

  • PayPal

PayPal is one of the widest used online money transfer platforms in the world. You can directly send the money to the recipient’s bank account using your PayPal account. It is a quick, easy, and secure option to transfer money.

  • Bank Transfer

This one is probably the most basic and the easiest means of money transfer. You can transfer money from bank to bank. But what is a must-have in this context is an African bank account. Then the money can be transferred to the African account. You just have to add the African bank account details in the recipient’s list of your bank account. Enter the amount and your money would be transferred. 

Transferring money abroad had never been so easy. Thanks to the developing technology which has made things so easy. So, chose whichever option is suitable for you, and send your loved ones their share of happiness. Money cannot buy happiness, but it can lend you comfort.