Are you looking for how to send money from the United Kingdom (UK) to any country in Africa? Then this post is just for you.
If you’re thinking about sending money to Africa, there are several different ways that you can do this. There are many different options for transferring funds from the UK to Africa, depending on your budget and whether or not you want to access local currency in an African country (or country). We have highlighted some of the most popular options below so that you can see what works best for you.
Sending money to Africa
Sending money to Africa can be challenging. Although using a UBA bank transfer code would be easy, there are a lot of steps and costs involved, and you want to make sure that your money arrives at its destination safely.
There are many ways to send money from the UK to Africa, but some of them come with their own set of challenges:
- You need a bank account in both countries. This means opening accounts with both banks.
- The transfer fee for wiring funds through Western Union is higher than other methods. For example $25 compared to $10. Also, there’s an extra fee if you’re sending more than $10k (£7k).
- There may also be restrictions on how much cash you can send per day or week—and sometimes even month-long limits!
10 Easy Ways to Send Money from the UK to Any Country in Africa
1. ATM withdrawals
An easy way to send cash to Africa is through ATM withdrawals. Banks in the UK and Africa offer a service that allows users to withdraw money from their accounts at any ATM machine in the world, so long as they have enough funds in their account at home.
For example, if you wanted to send $100 USD from your bank account in the UK (or anywhere else) back home, all you would have do is go online and find an international bank that offers this kind of service—and then make sure that your card number matches with what’s on file at home. Once everything checks out, all that’s left is waiting until there’s some cash sitting ready for pickup!
2. Offline transfers
- You can send money to Africa by mailing a check or cash.
- Money can be sent to Africa by mailing a bank transfer.
- You can send money to Africa by mailing a cashier’s check.
- You can also use Western Union, if you don’t want to deal with the hassle of sending physical checks and cashiers’ checks (or if you need more than $500).
3. Online transfers
Online transfers are the most popular way to send money from the UK to Africa. You can use online transfers to send money in any currency, including GBP and USD.
These payments are usually free of charge, but some providers may charge a fee for making the transfer. The speed at which you receive your funds will depend on which provider you choose and how quickly they process your request.
4. Wire transfers
If you want to send money from the UK to Africa, a wire transfer is the best way to go. Wire transfers are a secure way of moving funds between banks and can be used for both personal and business transactions. The most common types of wires are SEPA (Single Euro Payments Area), SWIFT and ACH (Automated Clearing House).
Wire transfers are also very expensive compared with other methods, so they’re not always an option if you’re looking at sending small amounts of money or don’t have many friends abroad who have banks near them.
However, if it’s possible then this method should be considered. Most especially if there’s no alternative available locally in your home country that allows instant transfers between accounts at different banks within their own country or region.
5. Western Union and Moneygram
Western Union and Moneygram are the two most popular ways to send money to Africa. Both companies have a network of agents around the world, so it’s easy for you to use them if you’re in the UK and want to send some money home.
The process is simple: You deposit cash into your bank account or credit card. Then take that cash with you when visiting one of their offices (they have agents all over Europe). You’ll be able to send up to £500 per day with Western Union—but please note that this applies only if there’s not too much competition at that location! If there are other people waiting ahead of me, I’ll need more time than usual because I don’t want anyone else stealing my spot!
6. Bitcoin
Bitcoin is a digital currency and the first decentralized peer-to-peer payment system that was introduced in 2009. It works without any central authority or banks because it uses cryptography to verify transactions and prevent fraudulent activities.
Bitcoin can be used to buy goods and services online, without having to go through a central bank or government. Transactions are irreversible, anonymous, and safe from fraud unlike other methods of sending money overseas. I mean methods like Western Union where there is no assurance that you will receive your money back if something goes wrong during transfer process.
7. PayPal, Payoneer, Xoom and Circle
Payoneer, PayPal Xoom and Circle are all ways to send money to Africa.
PayPal is a good option for sending small amounts of money. It’s easy to use and most users will have an account already set up with them so it’s fast and convenient. This can also be useful if you’re sending someone some cash for their birthday or anniversary as well as some emergency funds – just make sure that the recipient has access to their bank account before proceeding!
Payoneer is another great option if you’re looking for something more reliable than PayPal. This is simply because it allows transfers between individuals rather than companies or businesses which means that there aren’t any fees involved (unlike TransferWise). However this service does charge 2%+ when sending larger sums over $1000 USD so keep this in mind when planning ahead!
8. Bank-to-bank transfers
Bank-to-bank transfers are the cheapest way to send money abroad. There is no fee for transferring money from your bank account in the UK to a bank account in another country. So, this option is ideal if you want to transfer funds as quickly and easily as possible.
You can transfer money from your UK banking institution. This include Lloyds or Barclays Bank plc (the parent company of Clydesdale Bank), using their online services. You’ll need:
- A valid email address: this will be used by us when we ask for information regarding your transaction – make sure it’s up-to-date!
- Your mobile phone number: we’ll text you with details about how long it will take for us to process our request for funds once we receive them from our partner banks overseas
9. International cheque payments
International cheque payments are a good option for sending money overseas because they’re easy, fast and relatively cheap. The only downside is that the process can be slow and sometimes difficult.
If you’ve never used international cheques before, it’s probably best to start at low denominations (e.g., £10 or $20). This will give you more time to make sure your cheque gets processed correctly before moving onto larger amounts of cash (which can take up to two weeks).
You’ll need a UK bank account number with plenty of funds in it: Your bank may charge fees if any part of your transaction fails; so it’s better not to risk losing money by paying too much upfront!
10. Other Options
You have several options for transferring money to Africa, so make sure you research each option before making a transfer.
- The first thing you should do is look up what fees are included in the transfer and how much they are. If there are no fees or at least low ones associated with the transaction, it might be worth using one of these services over others. For example, TransferWise has no fees on their UK-to-Africa transfers and only some small ones on its UK-to-Europe transfers (it can also help with currency conversion). MoneyGram charges 0% commission but has higher exchange rates than other companies like WorldRemit or iMoneyChange so this may not be such an attractive option depending on how much money you need transferred abroad.
- If your goal is to get paid back by someone who lives outside of Africa, then keep in mind that without bank accounts set up beforehand it may not be possible for them to receive their salaries directly into their accounts from abroad—unless they already live somewhere where banks are more accessible than where they work; however even if this were possible many Africans would still prefer cash payments over checks because checks take longer than cash does!
Conclusion
We hope this guide has helped you understand how to send money from the UK to Africa. We have covered several different options and what they entail. As with any financial transaction, there are pros and cons for each method, so make sure you do your research before choosing one over another.
