How to send money to Guinea
Learn how to send money to Guinea with the lowest fees and best rates in four easy steps
1. Check if the GNF exchange rate is interesting
Sending money on a day where the exchange rate is favorable is a good way to optimize your transfer. Monitor the evolution of the Guinean franc mid-market and validate your transaction when the GNF rate gets to a specific level.
2. Compare the 7 providers sending money to Guinea and find the best provider.
There are many providers offering money transfer services to Guinea, such as TransferWise, Western Union, MoneyGram, Azimo, WorldRemit. Optimize your transfer by comparing all your options and go with the best one for your upcoming transfer.
3. Select the best option for your needs
Are you looking for the money transfer service with the most competitive pricing, fastest transfer speed, best customer reviews, or a good combination of the three.
It is also important to consider the pay-in and pay-out methods. You can find money transfer companies allowing you to pay by bank transfer, some will also give you the option to pay by debit and credit cards. To receive the money in Guinea, look at different options if you need the amount in GNF to be transferred to your recipient's account or received in cash (from an agent location).
4. Sign up and start your transaction with the money transfer provider you selected
It is now time to sign up on the provider's website - be aware you will often need to provide an ID document and/or a proof of adress - and get started with your money transfer to Guinea.