How to send money to Kenya
Discover how to make a money transfer to Kenya with the best KES exchange rate with these 4 steps
1. See if the KES mid-market rate is in your favor
Even though the evolution of the exchange rate is uncertain, it is a good idea to follow it in order to maximize how many your recipient will receive. You can subscribe to our smart alerts to check the evolution of the KES exchange rate.
2. Make your choice among the 21 providers sending money to Kenya in order to select the best option.
Monito lists many companies to send money to Kenya, such as TransferWise, Western Union, MoneyGram, Currencies Direct, Xendpay. Optimize your transfer by comparing all your options to find the most competitive one for your upcoming transfer.
3. Select the best service for your specific needs
Select the money transfer provider with the lowest price, the shortest transfer time, best ratings, or a combination of these factors.
In addition, it is important to pay attention to the pay-in and pay-out options. You may have the option to pay by bank wire or by credit or debit cards. On the recipient's side in Kenya, select the right option, whether you need the amount in KES to be sent directly to the recipient's bank account or be available for cash pick-up.
4. Sign up and get started wih your transaction to Kenya with the service you selected
Go to the provider's website to go through the sign-up process (you normally have to provide information to confirm your identity), and provide the details of your money transfer to Kenya.