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By homeis  ·  June 10, 2020

Money transfer options

Ways to transfer money from the US to Africa and vice versa. You are welcome to contribute based on your own experience.

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Xoom

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Quick and efficient in sending money home
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Western Union

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Multiple ways to send money- in person, by phone, mobile app or website. Payment options are bank account, debit or credit cards and cash for in- person transfers. Western Union has more than 500,000 agent locations in both rural and urban areas.
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Remitly

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Quick, affordable transfers to more than 10 countries in South and Central America and Asia.
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TransferWise

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Low exchange rates, and easy sign up process fee is around 0.6%-1% of the amount being sent.
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MoneyGram

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A fast option, can transfer cash to an agent location within minutes. Transferring to a bank account can be done in one day. Online bank account transfers have lower fees, averaging 5 USD for $1000 sent.
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They are quick once the account is established and they are cheaper than others for international and domestic transfers
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InstaReM

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Very fast accurate & real time rates with added privileges. Great company!!
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ICICI Bank

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Safe Money Transfer
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TRANSFAST

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Money is transferred in 7 days, transfer rates are also good
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Swift transfer

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Society for Worldwide Interbank Financial Telecommunication (SWIFT) is an offline method to transfer money from banks in India to the US. You will need to fill up the transfer form in your bank in India with beneficiary details, SWIFT code and bank address. Typically takes 1-3 days.
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Vianex

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Although the time taken for transfer is between 4-7 days, the rate is generally unbeatable
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RemitMoney

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If you need to send money to India from the US, RemitMoney could be a solid and reliable option. However, it doesn’t offer spot or forward contracts and only supports bank-to-bank transfers.
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Walmart

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It’s awesome
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Moneydart Global Services, Inc.

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Definitely a good place for money transfer services.
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J&P Currency Service Inc

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They offer friendly and fast service!!
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Transferwise

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Cheapest of all
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Western Union

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Reliable and great rates
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Convenient way of transferring money . Reasonable charges.
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M Lhuillier Financial Services

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Money transfer service provider in Los Angeles. Located in Colorado Blvd,they offer easy and safe methods to transfer money.
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They have money transferring services through a lot of their outlets . Money transferring fees is reasonable.
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Western Union

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Western union offers money transfer services in very less transfer fees and charges. They are better than banks as bank levy heavy fees.
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Service providers for money transferring anywhere in the world with less charges as compared to other financial institutions .
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OFX provides services across all types of money transfers, including basic remittance as well as limit orders and forward contracts.
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Continental Exchange Solutions

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They offer money transfer services online with less fees and charges.
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Thank you

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Excellent
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RemitAnalyst (remitanalyst.com) is a free money transfer (remittance) services comparison platform where anyone can compare daily exchange rates while sending money to India. It saves a lot of time and gives transparent and accurate comparison between various money transfer companies.

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