Whether you are working online or working abroad and want to send money back home to Kenya, you need to find the best service to send money to Kenya. There are many services that can help you send money to Kenya. But, you need to find a trusted provider and the best way to send money to Kenya. Choose your provider and sign up for an account and you can start sending money abroad.
You can use the following money processing services to send money to Kenya via international wire transfers, bank transfers, mobile wallets, cash picks, or mobile money transfers. In this article, you are going to learn about some of the quickest and cheapest money transfers to Kenya.
Wise is one of the best money transfer services in Kenya. Wise charges low transfer costs and it shows you how much you will be charged before you can send money. You can send money to Kenya through Wise directly to the bank of Mpesa. Besides sending money, you can also use it to hold, send and receive money.
One of the advantages of Wise is that it offers mid-market exchange rates with no markups. Some transfers take less than two business days, while others take less than 30 minutes. Wise will help you track money until the recipient receives it. As such, you will only pay transparent fees. Wise is the cheapest way to send money to Kenya.
Payoneer is another way to send money to Kenya. You can send money directly to a debit card or bank account and you can withdraw the funds from an ATM. You can make a direct transfer to the recipient's bank account. Some of the ways you can send money to Kenya via Payoneer include Credit or debit cards, SWIFT, PISP, or local bank transfers from Payoneer account.
Besides sending money, you can use a Payoneer account to hold and pay in different currencies like EUR, USD, and GBP. You can withdraw to a bank account or from an ATM in Kenyan shillings.
WorldRemit is also one of the best ways to send money to Kenya. Most of the transfers to Kenya take less than 30 minutes. WorldRemit has transparent exchange rates and charges low transfer fees. You can transfer money to Kenya via WorldRemit directly to major bank accounts.
You can track your payments and you get notified when the recipient receives money. You can make a transfer to Kenya from WorldRemit through bank deposit, or mobile money.
PayPal is the most common way used to send money to Kenya. Many people in Kenya use PayPal to receive payments from marketplaces like Upwork and Fiverr or to receive payments from their clients after working remotely.
You can transfer money from PayPal directly to a Mpesa account or to a Kenyan bank account. PayPal has partnered with Thunes, a B2B money transfer service in Singapore to enable money transfers to Mpesa. You just need to sign up with an email address and a debit or credit card. Then verify the card and you can start sending money to Kenya using PayPal.
Revolut is a fast and secure way to send money to Kenya. Revolut has no hidden fees and excellent exchange rates. It is a cheap way to send money to Kenya with no maximum limits. If you are transferring money from the UK on weekdays, you won’t be charged FX fees if the transfer is within your foreign exchange allowance.
The transfer takes a very short period; just a few minutes. However, international bank and card transfers take between 3 to 5 working days. Revolut will help you track the money and will update you on the status of the transfer.
Skrill is another service that can help you send money to Kenya. You can transfer money directly to a bank account or mobile wallet like Mpesa via Skrill. It is free to send money from a local bank account or card to an international bank account. Skrill offers competitive exchange rates. You can opt to use Skrill on the web or download their app. You can sign up for Skrill Money Transfer rate alerts to be notified when there are desired rates.
Summary of Best Ways to Send Money to Kenya
The above are some of the best ways to send money to Kenya. Kenya has a robust economy and financial sectors are doing well. You can send money to Kenya through bank transfers, mobile wallets, international wire transfers, cash picks, or mobile money transfers. Find the best service you can use to send money, sign up and you can start sending money abroad.