Everybody wishes for a secure career with financial stability. Everybody is longing for a settled life. To pursue their dreams and to get better opportunities, a lot of people move away from their homes and countries.
For somebody who is starting a new life in an estranged country, it is not possible to keep their families with them. So, these people leave their families behind them and go to the country alone. The basic and most common plan is that firstly they will get settled there and then call their families.
So, when they are away from their families, they have to send money to their countries. And to send the money, they mostly opt for online money transfer services. Whether you want to send money to Gambia, Ghana, Senegal or any other country, online money transfer system through a reliable service provider can be relied on.
What is the Money Transfer Process?
First of all, you have to find an online money transfer service provider. Make sure it is a highly recommended one. Read all the reviews. Then check out the website. Then make an account. For that, you have to opt for the sign-in button.
If you already have an account, then opt for the login button. Make sure that the password is strong enough. Then enter the recipient’s details, including his name and bank account details. Make sure that the details you are putting in are correct. Any mistake can lead to a loss. Then the next step is to check the exchange rate, which is mentioned on the website.
After checking the exchange rate, enter the amount of money that needs to be transferred. Again, an additional zero or any other mistake in the digits can lead to financial loss. After entering the amount of money, some terms and conditions by the service provider will be shown on your screen. Make sure you read them thoroughly, comprehend and understand them.
If you agree to those terms and conditions, click on the send money or “agree” button. And then your money will be transferred.
What are the Advantages of Using Technology For Online Remittances?
The basic reason for people preferring online money transfer services is that as times have changed, people have become busier and the routines have become more hectic. With technology taking over almost every field of life, people were frustrated by the old means of money transfer.
The hustle of it irritated people, and they wanted an easier way to transfer money. And that is where online money transfer services stepped into the game and completely changed it. These services provided people with precisely what they wanted.
It was way more convenient, having a higher efficiency rate. It was simpler and offered fewer issues and complications as compared to the old means. All these pros won people’s heart, and excellent services of some online money transfer service providers helped in gaining people’s trust.
Now they could transfer money to their families at their convenience and remittance could be made by just a click. This suited a lot of people as the hustle was reduced and the accuracy was increased.
How is Money Sent through Bank?
A large number of Gambians uses online money transfer to Gambia frequently. Before the fantastic capabilities of the internet existed, transferring money to the Gambia was very hard to do, specifically when it came to countries that are situated in Africa.
The person whom the money was being sent to always had to wait for long periods to be able to receive it. Through banking institutions, people had no choice but to go to the bank, take their money there and risk their hard-earned money with the chance of getting robbed by someone with ill intentions, especially in countries like the Gambia where law enforcement is lacking. But with online money transaction services, this is not possible at all.
How is Online Money Transfer Safe?
Online money transferring services allow for a more secure transaction without ever having to take the risk of taking your hard-earned money outside to a banking institution and sending it through conventional ways through check.
Because technology has advanced so much that new and improved money transferring ways are being developed every day that has made money transfer to Gambia possible. There is also no need to visit a banking institution and wait in long lines to transfer money to someone.
Therefore, with online money transferring solutions, one can transfer money online in seconds without ever having to leave their house. The money transferred will be instantly received by the receiver in a matter of seconds.
What is the Method to Send Money Online?
Sending money is relatively easy, you can simply opt for the following online money transaction solutions to get your money transferred to your preferred destination in a matter of seconds. Here is how you can send money online:
1st Step: Choose What Way You Want To Send Money Online:
There are simply just two simple ways one can send money to Africa through online mediums. The first is through the use of applications and websites of the banks. One simply has to go to their bank and get their already registered account biometrically verified.
Biometric verification can simply help the owner of the bank account to access their money through the mobile app. Once that is done, they can utilize the application or website to send money to anyone.
The second way is through the use of private online money transaction services such as ACE Money Transfer. Through the private money transferring service, the individual can send money fast. The best thing about personal money transaction services such as ACE is that they do not require any transfer fee while transferring money.
2nd Step: Log In Or Sign Up
The second step is quite simple. Once the biometric verification, if you choose the first method, i.e., via a bank’s app or website, you just have to sign up or login in on the website to start sending money to your preferred destination.
The same should be done when it comes to private money transfer service, such as ACE. One just needs to sign up to the use and log in.
3rd Step: Enter Specific Info
After one has signed up to the service, they just have to log in and add the specific information asked. This includes name, contact number and the most important thing, their bank information such as their IBANs or credit or debit cards to make transfers fast and secure.
4rth Step: Confirm Transaction
After sign up, logging in, and entering specific details, all one has to do is confirm and add the OTP (one-time-password). Once done, one can send money to Gambia online with ease.