Best Instant and Secure Money Transfer Apps to African Countries

In today’s connected world, money transfer apps to Nigeria and other African countries are essential for people outside the continent.

As a matter of fact, the apps help people and businesses send money easily, affordably, and securely to their loved ones.

Using secure money transfer apps is essential nowadays. It helps ensure your money gets to its destination safely. This is important for supporting family, paying for services, or investing.

However, you should beware of fraudsters and fake money transfer platforms out there. Therefore, you must check that the money transfer company you want to use is registered with a government agency.

This article looks at how money transfers work and it highlights the best apps for sending money to Nigeria. Furthermore, it also explains why security is very important in cross-border transactions.

What is a money transfer?

Money transfer is the process of sending funds from one person or entity to another. It’s often across geographical boundaries.

Money transfers used to be tedious. It involved going to bank and using bank drafts or cash handovers. Then, you will have to sometimes wait for days before the transfer successfully goes through.

However, digital advancements now allow instant transfers via apps, online platforms, or mobile wallets.

For Nigerians and other Africans living abroad, sending money back home is a common practice. It’s often driven by remittances, which contribute significantly to the continent economy as a result.

Modern technology has changed everything even when it comes to sending money abroad. Now, it is much easy and quick. Also, it attracts low fees, and robust security is available to protect users from fraud or loss.

How does money transfer work?

Usually, money transfer services operate through a network of financial institutions, digital platforms, or licensed intermediaries. Below is a simplified breakdown to help you understand how money transfer work:

#1]. Sender initiation

The sender selects a provider and enters the recipient’s details (e.g., bank account, mobile wallet). Also, the sender will have to specify the amount.

#2]. Payment method

The sender will specify how to pay for the service. Sender provides funds for the transfer via debit/credit card, bank transfer, or digital wallet.

#3]. Currency conversion

If you send money internationally, it will be changed to the recipient’s local currency, like Nigerian Naira. This is done at good exchange rates.

#4]. Transfer processing

The money transfer service provider securely routes the funds to the recipient account. In most cases, this is often done within minutes or hours.

#5]. Recipient access

The recipient collects the money via bank deposit, cash pickup, or mobile wallet. The recipient may have to present an ID card for cash pickup.

However, when it comes to sending money abroad, the security measures below help keep transactions safe. These security measures could include:

• = Encryption
• = Two-factor authentication (2FA)
• = Following regulations, such as FCA and CBN licensing

SEE ALSO: Cheapest Ways to Send Money Across the Globe

Best money transfer apps to Nigeria / Africa

For Nigerians and other Africans abroad, sending money back home to family members and friends is common. Nowadays, the advancement of modern technology makes it easy for people to end funds to their loved ones.

But which of the best transfer apps should you use to send money to your people? We have combed the internet for the best money transfer services to Africa. Below are some of the best ones you can use now:

#1]. LemFi money transfer app

With over 1 million service users,  LemFi  has established itself as one of the best when it comes to send money overseas. It’s arguably one of the fastest and reliable money transfer apps out there to to send money to your loved ones.

With this app, you can open accounts in US Dollars, Canadian Dollars, and Great British Pounds in minutes. Moreover, the app lets you send money abroad to over 32+ countries, and protects your money and identity.

• One platform for all your payments.
• Open global accounts.
• International money transfer.
• Currency conversion.
• Receive or request money.

Try LemFi today and see for yourself how easy it is to move your money around the world with the app. Click here to get LemFi. Click on download and enter your mobile number to get download link. Don’t forget to use AFEEFGJX redeem code to get up to £10 when you send £50 or more.

 

#2]. Tetrad money transfer app

Formerly WSLRemit,  Tetrad  offers instant and secure money transfer to over 20 countries, with a focus on Europe and Nigeria. The company is registered in England and Wales; authorised and regulated by the Financial Conduct Authority.

With thousands of positive reviews, the platform makes international money transfer easy and at fair exchange rates. It offers excellent services for people wanting to send money to their loved ones back home.

• Instant money transfer.
• Highly secure & regulated by FCA.
• Best and fair exchange rates in the market.
• Helpful customer support.

Also, it offers money transfer options such as bank to bank transfer as well as cash pickup. Try Tetrad today and see for yourself how easy it is to send money abroad to your family members and friends.

 

#3]. Taptap Send money transfer app

 Taptap Send  is another great money transfer platform that you can use to send money abroad. The platform lets you send money to your loved ones in Nigeria and other Africa countries at great rates every time.

You can easily send money from the UK, EU, US, UAE, Canada and Australia to Africa with this platform. Moreover, you can also send money to your loved ones in Asia, the Caribbean and Latin America at a great rate.

• Instant money transfer.
• Safe, fast and secure.
• Fair exchange rates in the market.
• Create your account quickly & easily.

Send more, spend less with Taptap Send. With fast transfers to mobile money wallets on popular networks, you can send money from your smartphone anytime. Click here to get Taptap Send and use AFEEZADE10 redeem code to get £5 when you send £25 or more.

 

#4]. Sendwave International money transfer

 Sendwave  offers rapid, affordable international money transfers. It lets you send money from the US, UK, Canada, France, Italy, Spain and Ireland to Nigeria and other African countries.

Trusted by one million users around the world, you can use Sendwave app to make fast and secure money transfer abroad. It offers fair exchange rates for international money transfer and excellent services.

• Fast & instant money transfer.
• Secure & regulated money transfer.
• Fair exchange rates.
• 24/7 customer support.

Also, it offers money transfer options such as bank to bank transfer as well as cash pickup. Try Tetrad today and see for yourself how easy it is to send money to your families and friends abroad.

 

#5]. Remitly International money transfer

 Remitly  offers one of the best exchange rates for sending money to Nigeria and it’s trusted by millions of users worldwide. You can send money from the UK, Canada, United States, etc, to Nigeria and other African countries.

Sending money with Remitly is easy and fast. It offers a special exchange rate on your first transfer, and no fees on all transfers.

• Worry-free instant money transfer.
• Reliable money transfers.
• Fair exchange rates.
• Multi-level security for your protection.
• 24/7 customer support.

Signing up for Remitly is easy. Create your account and you can start sending money today. Try the platform now to enjoy a special exchange rate on your first transfer, and no fees on all transfers.

 

 

 

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