How to send money to Kenya
Find out how to transfer money to Kenya with the best exchange rate in four easy steps
1. Check the KES mid-market rate against the currency you want to send
Even though the evolution of the currency market is uncertain, it never hurts to stay on top of it in order to optimize how much your recipient will receive. Follow the mid-market exchange rate and send the money when you can get a good exchange rate.
2. Compare 23 companies available to send money to Kenya in order to find the best option.
We list many services to transfer money to Kenya, such as TransferWise, Western Union, MoneyGram, Currencies Direct, Xendpay. Get the most of your transfer by comparing all your options and select the most competitive option for your money transfer.
3. Select the best service for you
Search for the money transfer company with the lowest price, the fastest solution, highest reviews, or a good combination of the three.
In addition, it is important to take into account the payment solution and pay-out options. Credit cards, debit cards or a bank transfer are the most often available pay-in options to send money to Kenya online. In Kenya, select the right option, whether you need the amount in KES to be transferred to your recipient's account or received in cash (from an agent location).
4. Sign up and get started wih your money transfer to Kenya with the service you selected
Visit the money transfer provider's homepage to register (you normally have to provide some documents to prove your identity), and provide the details of your money transfer to Kenya.
Save over 3,000 shillings a year when sending money to family, friends or businesses in Kenya.
How to Send Money to Kenya
Thousands of people like you send money back to Kenya every week. With over 3 million Kenyans living outside Kenya, everyone needs an easy and inexpensive way to send shillings back home to benefit family, friends and others.
Banks in neither your adopted country nor Kenya have the best fees or exchange rates for converting money into shillings. That’s why it’s vital to compare all of your options for sending money back to Kenya so your shillings can go further. Whether you want to make a one-off currency transfer or you need to send money online regularly, we can help you find the best options.
People from Kenya send around $1.8 billion back home each year, that’s an average of $600 each. Our research shows that most people overspend by up to five percent on their transfers, so using a lower-cost provider could save Kenyans up to $90 million collectively or up to $30 individually, every year.
You won’t get the best exchange rates from your bank, or from PayPal, and we want to stop you from overpaying. We make it easy to compare the best-value options for money transfer or you can select one of the recommended currency providers on this page. You can easily send money online and pay by wire transfer, bank deposit, card, cash or in some other way. Many providers allow you to send money to Kenya online or via an app, and others integrate with the M-PESA service.
I Want to Transfer Money to Kenya, but Which Provider Should I Use?
There are plenty of options for sending money back to Kenya. Here on Monito we cover all the popular specialist money transfer providers and banks for converting your money into shillings and sending it home.
We know there are lots of ways to transfer currency to Kenya, which is why we compare all of the most popular options side-by-side so you can make an informed choice. The best online money transfer provider for you will depend on several areas like the exchange rate they offer, how much you are sending, where you are sending from, the currency you are exchanging into shillings and some other factors.
We take all of those details into account when recommending the best way to send money to Kenya. We’ll help you find the fastest and cheapest ways to send money home. For example, we can tell you the best providers for sending money to Kenya from the United Kingdom, the United States, Tanzania, Canada or Uganda.
For most money transfer providers, you can either sign up through their websites or download their apps which will give you fast and easy access from any smart device. We provide a useful “Smart Alerts” service that tells you how currency exchange rates are changing so you can choose the best time to send shillings back to Kenya. Learn more and sign up here.
The Cheapest and Best Ways to Send Shillings to Kenya
There are several good options for online currency exchange, depending on how the person you’re sending money to wants to get access to their shillings.
Sending Less Than $200 in Shillings to a Bank Account in Kenya
If you want to send money to a bank account in Kenya, we recommend using a specialist currency provider. If you’re transferring under $200 or equivalent, your best options include WorldRemit and Transfast. You can find links to them elsewhere on this page.
Sending More Than $200 in Shillings to a Bank Account in Kenya
If you’re sending more than $200, we recommend TransferWise, Transfast and WorldRemit. You can find links to them elsewhere on this page.
Banks that You Can Transfer Shillings to in Kenya
You can normally arrange to send shillings to any of the following banks: KCB Bank, Barclays Bank, Equity Bank, Standard Chartered, UAExchange and more.
Cash Pick-Up Locations in Kenya
Some of these banks are also popular locations for picking up shillings that you have transferred. If the beneficiary wants to collect shillings as cash in Kenya without going through a bank, then providers like Xoom are good options. You can find links to them elsewhere on this page.
Xoom has hundreds of local bank, cash agent and partner locations where you can pickup cash in Kenya.
If you have any questions about sending shillings to Kenya, we’re happy to help, get in touch with us now.