How to send money to Zambia
Find out how to send money to Zambia at the most competitive cost in 4 easy steps
1. See if the Zambian kwacha exchange rate is interesting
Transfering money at the right moment means more money arrives. Keep an eye on the evolution of the Zambian kwacha mid-market and make your transfer when the mid-market rate is close to its highest level of the last few days.
2. Compare the 7 companies available to send money to Zambia and select the best provider.
There are 7 money transfer companies able to send money to Zambia, such as TransferWise, Western Union, MoneyGram, Xendpay, WorldRemit. Using the most competitive service from the available options is a sure way to save money.
3. Pick the best service based on your criteria
Decide if you’re looking for the option with the best rates and lowest fees, fastest transfer speed, most positive customer reviews, or a combination of these factors.
Another important aspect is to pay attention to the pay-in and pay-out options. You will often find providers giving you the option to transfer the money directly from your bank account, some will also give you the option to pay by credit and debit cards. On the recipient's side in Zambia, choose if you need the converted amount to be deposited on a local bank account or received in cash (from an agent location).
4. Sign up and get started wih your transfer to Zambia with the money transfer provider of your choice
Now, simply sign up on the provider's online portal - be ready to provide a copy of your ID and/or a proof of adress - and provide the details of your transaction.