How to send money to Rwanda
Learn how to send money to Rwanda with the best providers in four easy steps
1. Check if the Rwandan franc exchange rate is favorable
Although the currency market is impossible to predict, it never hurts to follow it to maximize how much your recipient will receive. We recommend our users to set-up our smart alerts to frequently check the RWF mid-market's evolution.
2. Find the most interesting deal by comparing all the available companies.
There are 6 providers offering money transfer services to Rwanda, such as TransferWise, Western Union, MoneyGram, Azimo, WorldRemit. Selecting the right service from the list is a sure way to save on costs.
3. Select the best option that suits your needs
Do you need to send money to Rwanda with the most competitive provider, with the highest speed of transfer or with the best rated provider?
In addition, you may want to take into account the options to pay for the transfer and receive the money. Most of the time you'll find money transfer providers offering to you the option to pay by bank transfer, other providers will also accept credit and debit cards. On the recipient's side in Rwanda, you often have to decide if you want the converted amount to be deposited on a local bank account or available for pick-up in cash at an agent location.
4. Sign up and start your transfer with the company you selected
Go to the provider's website to complete the sign-up process (you most of the time have to give documents to confirm your identity), and configure your transaction.