How to send money to Rwanda
Discover how to transfer money to Rwanda at the most competitive cost in 4 easy steps
1. Check the RWF mid-market rate against your sending currency
Even though the evolution of the exchange rate is uncertain, it can help you save money to keep an eye on it in order to maximize how much you will receive for your money. You can subscribe to smart alerts to keep an eye on the evolution of the mid-market.
2. Make your choice among the 6 money transfer providers available for transfers to Rwanda in order to find the best deal.
We compare 6 services to send money to Rwanda, such as TransferWise, Western Union, MoneyGram, Azimo, WorldRemit. Selecting the most competitive company from the more than 6 available options is the best way to save on costs.
3. Pick the best option that suits your needs
Decide if you’re looking for the money transfer company with the best rates and lowest fees, the quickiest transfer options, best customer reviews, or a good compromise.
In addition, it is important to take into account the pay-in and pay-out methods. Transferring money from your e-banking or via your debit or credit card are the most common pay-in options to send money to Rwanda online. In Rwanda, look at different options if you need the money to be sent directly to the recipient's bank account or received in cash (from an agent location).
4. Sign up and get started wih your transaction with the company of your choice
The last step is to complete the sign-up form on the provider's online portal - be prepared to provide a copy of your ID and/or a proof of adress - and get started with your transfer.