How Digitalization Helps Sending Money to Gambia?

Are looking to send money to Gambia? Many Gambians in this age of globalization work away from home and in different countries. Also, more and more businesses dealing with their branches in acompletely different country. Online money transfer through mobile is now what everyone needs to do business or for remittance.

Despite the ease of money services through mobile, people still prefer to use banks for their remittances or business transactions even though the banks charge high fees and an exchange rate that is above the market rate. The matter of fact is banks are not specialists in currency exchange and hence charge their customers more.

What Are the Benefits of Online Money Transfer?

  • Online money transfer through mobile is a secure transaction.
  • Customer service is available mostly 24/7.
  • These websites are built with utmost security concerns for the financial data of their customers.
  • Some online money transfer companies have a team of experts who keep a track of the developments in the currency market and alert of the time best to remit.
  • An online account will save all transaction history.
  • There are no hidden fees charged by these companies.

Some of the benefits of online remittance services are listed below:

 

  • The pace at which the money is transferred through mobile i.e. online money transfer through mobilecan be within minutes to a day and that too within in the comfort of one’s home or office.
  • In online money transfer through mobile, the money can be transferred directly to a mobile account of the receiver.
  • These online remittance service websites or applications are very easy to use.

Why Gambia Money Transfer is Less Costly and Easy?

At whatever point you have to do online money transfer to Gambia from the UK, or anyplace else in the Western world, you would prefer not to need to manage a costly and exceptionally convoluted cycle. To numerous ex-pats living for example in the United States, sending cash to family, associates, and companions in Gambia has consistently demonstrated troublesome.

The Gambiaian Times article “Gambia sacks $3billion… from settlements in 2018” depicts the genuine settings.

Usual money transfer reasons are:

  • Send money to your family
  • Send money to your friends
  • Support education
  • Pay bills in Gambia

 

What Was the Trend of Money Transfers to Gambia in the Past?

In the past, you could transfer money abroad only from bank accounts. This means that while transferring money to Gambia you first had to find a bank and then the next havoc you had to face was the high bank fees.

 

What is the Today’s Trend of Mobile Money to Gambia?

With the approach of mobile money transfer to Gambia, many had trusted that the cycle would turn out to be a lot easier. The first mobile needs to persuade the vast majority of the market players and clients. Regardless of whether you need to begin or store a business or even assistance out a family member, communicating cash now from the US ought to never must be complex again.

With the present innovation, it should be conceivable to transfer money online through mobile to Gambia inside a couple of snaps. Regardless of whether you lean toward utilizing on the web exchanges or sending by means of bank move, you ought to be in a situation to look at trade rates and even the exchange charges.

By what another method will you learn of the most ideal alternative to utilizing if this is preposterous? Contrasting the rates on offer from various sellers is the surest method to ensure that you are getting the most ideal arrangement.

Conclusion:

Online money transfer through mobile is now what everyone needs to do business or for remittance. Despite the ease of money services through mobile, people still prefer to use banks for their remittances or business transactions even though the banks charge high fees and an exchange rate that is above the market rate.

The money can be transferred directly to a mobile account of the receiver. In many countries, sending money to family, colleagues, and friends in Gambia has always proven difficult. In the past, you could transfer money abroad only from bank accounts.

But today with the advent of mobile money transfer in Gambia, the process has become more easy and simpler.

First mobile money has to convince most of the market players and customers. With today’s technology, it should be possible to send money to Gambia online with a few clicks.