10 Cheap Ways to Send Money Internationally to Kenya
Last updated on June 9th, 2023 at 08:20 pm
If you have family overseas or are in a foreign country and want to send money home for the first time, you know how much of a struggle it is to know which channels are good, convenient and cheap to send money reliably to loved ones. We have prepared some of the cheapest ways to Send Money Internationally to Kenya.
Many choose other channels that are more expensive or channels where they can easily lose their money to online fraudsters who are targeting the naive person who does not know how to act. money transfer.
There are many easy and cheap ways to send money to your loved ones, whether in Kenya or abroad, or even for international business.
Some are even simple applications, you don’t need to go to the bank and everything… and do everything with the push of a button.
Whether you are sending money from the United States, Canada, the United Arab Emirates, Saudi Arabia, India, the United Kingdom, or even Nigeria:
Here are the cheapest Ways to Send Money Internationally to Kenya
I have used Skrill myself and can say that it is perfect. With free setup, low transaction fees depending on the amount withdrawn, and the configuration that only requires an email, Skrill is the real king of international transactions because it only takes a few minutes. A user, for example here in Kenya, needs to link their Skrill account to their Mpesa or bank account, and they are good to go.
- Wave Money transfer tool
It is one of the world’s leading remittance providers to East Africa. All you have to do is enter your recipient, choose the amount you want to transfer, and click “Next”. Your recipient in Kenya will receive money on their mobile phone instantly!
It is one of the most reliable, fastest and most convenient ways to send money home. Beneficiaries can receive money in their bank account or through their Mpesa and withdraw in less than 24 hours.
- Western Union
It is one of the oldest money transfer companies in the world and has been operating for over a century. The sender has the option of sending the money in person through an agent or online to the recipient who does almost the same thing by withdrawing or receiving money. body and their bank account.
This account allows you to quickly withdraw money from Paypal. Payoneer allows you to send and receive money from all over the world and the money sent here can be transferred to your bank account, although the withdrawal takes a little time.
A division of PayPal, Xoom allows money transfers from almost anywhere in the world to Mpesa within a day. Xoom is very secure and you can send your money safely.
Moneygram is like Skrill and they are strong competitors. They offer cash transfers and can send money directly to the recipient’s bank account, although it takes a little time. Moneygram also like skrill can send money directly to the recipient’s account
Simbapay Money Transfer allows you to transfer money from European countries to Kenya, Uganda, Ghana and Nigeria without transaction fees. They only pay at the exchange rate, so it’s very convenient and takes 1-3 business days to complete the transaction.
Transfast allows direct transactions with many banks in Kenya such as Barclays, Chase bank, DTB, Ecobank, Standard Chartered among others. Transfast also offers the opportunity to shop through Mpesa
It is the fastest and cheapest way to send money to M-Pesa users in Kenya because it is very timely and affordable.