Transferring payments internationally is a trend that has been elevating with every passing year. Due to increased globalization and lesser barriers between borders.
It is the need of almost every other person to use a money transfer service every now and then. For fulfilling every type of requirement, different ways are developed for channelling payments overseas. Here are 5 main ways in which you can transfer payments to Senegal.
Is Bank Transfer Is An optimal Solution for Online Transaction?
Banks are the pioneers of transfer industry. There is no doubt in the reliability and security of a bank transfer but a major disadvantage is that they have marked up exchange rates.
Moreover, their transfer fee is very high compared to other money transfer organisations. The transfer limits are not flexible and there is no exception given to any special case.
How Online Money Transfer System Actually Work?
As Senegal is a small state, due to the lack of infrastructure and resources, the number of payout locations and banks is relatively lower. online money transfer enables people to easily withdraw their payments and utilize it without having to travel for miles solely to withdraw some cash.
So, if you want to send money to Senegal online, the process is pretty simple, consisting of three simple steps only:
- Enter the Amount (to be sent) and Country(of the recipient)
- Enter the basic details of the recipient (Name, The number and IBAN ID)
- Your payment will be sent and a shipment ID will be allocated which can be used for checking your payment’s status at any time.
Send Money Online with ACE Money Transfer
You can choose ACE Money Transfer to transfer your money online to your loved ones. Using Our services you can get the best currency exchange rates plus minimal transaction fee.
If you use online money transfer app, only putting your name, number and setting a password is good enough to receive international payments.
In this case, the company is responsible for handing over cash to the recipient’s door safely. A signature or biometric print is taken as proof that payment was handed over.