More often we find people living abroad and are searching for the means of sending money back home. They are in a vast hustle and confusion when it’s time to send money to Senegal; their home country. This all hustle is only due to the selection of the wrong money transfer service. We know that you go through the following troubles to send money online using an inconvenient money transfer service:
The day you receive your payment, you have to travel to the money transfer firm, may it be through banks, cash, mail deposit or any other mean of the transfer.
You don’t have to physically appear to the money transfer firm but also have to wait for their long processes.
The most shocking thing you will face while transferring money through such means is that half of the hard-earned money will be snipped on the name of the transfer fee.
Moreover, you may receive low exchange rates on every remittance.
You can also face the issue of money security as there are cases where large payments are misplaced once handover to a money transfer firm.
Is Online Money Transfer Overcoming The Drawbacks?
Following are the unique features of online money transfer service that has overcome the drawbacks of other money transfer services and is now helping the overseas Senegalese to send money online without any hassle and in the most comfortable way:
Online money transfer service provides immediate delivery of money from one place to another. This is because only data travels, and it takes seconds to travel around the globe due to advanced digital technology. Online money transfer has ended the physical complications that one has to face previously to send money globally.
Now, you can send money to Senegal or to any part of the world where you want by merely sitting on your sofa on just one touch.
Multiple Delivery Options:
Online money transfer service provides its customers with multiple transfer options. You can transfer money to a bank account to the other part of the world. You can physically approach the near online money transfer service provider or can money transfer to Senegal through a phone call.
Better Exchange Rates:
Online money transfer service provides far better exchange rates than other money transfer services. If you want to choose the best exchange rates among the online money transfer service operators, go for a money transfer company as it provides the best exchange rates on each money transfer.
Minimal or Zero Transfer Fee:
The worst part of other money transfer services is that they take half of your hard-earned amount on the name of the transfer fee. Online money transfer service offers minimal or zeroes transfer fees on remittance, thus allowing you to send all of your hard-earned money back to your loved ones without any loss.
Secure and Safe Service:
Many people leave this option to send money to Senegal online place with the fear that their money will be lost stole or get hacked. ACE Money Transfer follows all the security protocols before its remittance, so there is no chance for money loss or hack. Instead, this is the safest and secure money transfer option among all services.
Is 21st century the most Fast-Paced Era Ever in Remittance Industry?
Everything is accessible at the comfort of your smartphones and laptops. You can order food at home in a matter of minutes or buy clothes from another country by making fast money transactions. You can hire people from other countries and make them work with you without ever needing to change countries. But all these things require a mode of money transfer. There are many ways to transfer money to Senegal or other countries or anywhere else in Africa. It can be done through other money transferring methods.
1. Remittance Agencies
Remittance agencies have franchises that you can visit. These franchises are always next to some small markets or plazas, meaning they can be easily found. Remittance agencies, most of them are only able to send money online to different countries, very few send money to other cities within the country of the sender. Nowadays, remittance agencies are trying to make their footing in the online world as well. Although some of the top ones have already done that, it takes time to go online. They are still trying to incorporate the online money transfer system in their agencies.
All you need is the information of the receiver like name, country, email, etc. and once that is given, you will be able to send them money easily. The money will be sent in a day or a few days, as different agencies have different functionalities.
Like remittance agencies, banks have a way of transferring money the same way, through checks. You have to visit a bank and write the account number of the receiver, name, email, number, etc. different banks ask for other things, while some ask for account number and name. But this method is time-consuming, some people do not have to time or the day to go to the bank especially during working hours, and since banks are open from 9 to 5 some even before 5 in the evening, they decided to go online.
So, online money transfer services are faster and more convenient. You need your account to be verified, and voila, you are online and ready to send finances to different countries in a matter of minutes. This can be done by downloading the money transfer app, whether on android or iOS of the bank you have after you have biometrically verified it.
Are Online Money Transaction Methods Right for Expats?
You can send money online with this method easily. This method is also online like online banking, and unlike banks where you have to verify your account to make it work online, you don’t have to do that here in this method. All you have to do here is go to the website or the app of the website. Register properly with the correct info, and you are done. Now you have to add the proper information of the recipient of the money, and add the amount you want to send, and just like this. You will be done. Now all you need is an online money transfer service, opt for money transfer company, as it is fast, secure, offers great exchange rates, no transaction fees, 24/7 functionality and staff to send money anywhere in the world.
Hence, online money transfer to Senegal is possible through these methods. One should pick the one that fulfills their needs so they can send money to their loved ones who need it the most on-time.