Transferring money from one country to another takes only a few minutes at present. It is because it can be done online, and if you like to visit any of the bank or money transfer companies to do the transaction, you can also do so. Sending money from Niger to the US requires knowing your options, and one of them is by using a bank, another is by using money transfer providers.
Send Money to the United States from Niger
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- Wise is a very good provider for overseas transfers. The transfers are easy, convenient and secure. The most important thing is that the transfers are also much cheaper than with the bank.
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- Azimo is a very competent partner for the international transfer. Azimo has a large selection of countries and the transfers are safe and cheap.
How long does it take to transfer money from Niger to the USA?
If it is done via bank transfer, the turnaround time may be longer. Also, the amount involved will make a difference in the delivery time. If using another venue, which is the money transfer provider, you can expect the money to be there within 24 hours or the longest time is a day or two. But often, it will just take a few hours before the money is delivered to the intended recipient. Banks will also process the transfer meticulously and may even ask for some documents, particularly for a substantial amount.
For the convenience itself in sending money to another country, it is expected that there will be fees on top of the amount you want to send. When you send money from Niger to the US, there will be a flat rate fee plus sometimes a percentage of the total amount you send to your recipient. So it will still depend on how much you will be sending.
Also, if you want the money forwarded quickly to the US, you may need to pay more with some money transfer company however, you are sure that your money will arrive when it is needed. You will also expect to pay more when you use the bank for the transaction since banks have been in the industry long enough they charge more for each financial transaction.
It is to your advantage that there is now an option, whether you will use a bank or use a money remittance company to complete the transaction. Unlike in the previous years, that money transfer providers are not yet well-known, and there is still some doubt about using them for such transactions.
Send money to the United States with the bank
There are also a few banks that can provide service to locals or foreigners when they need to send money from the country to the US. Banks will give their customers and clients such excellent service as expected, but then again, they charge more for some services. Money transfer is no different cause when you use a bank, you may also pay a hefty fee for transferring money. Some banks may also have some hidden charges you need to know so you won’t be surprised when you are paying for the service.
Transfer money to the US with a money transfer provider
When using a money transfer provider, you should also consider the turnaround time. It is a fact that people use money transfer providers because it is not just cost-effective, but it is also fast. Inquire about their exchange rate, what fees and charges they have for the transfer, length of delivery, and if they have a maximum amount that you can only send abroad.
Also, check if they have a minimum amount allowed for the money transfer. Your recipient may choose to have the money transferred to her bank account, delivered to her at home, or she may drop by at any outlet of the money transfer provider you used. Remind your receiver to provide what is required if they will get the money from the location personally.
The best way to know who to use for your money transfer is by comparison. You must choose the best company where you will benefit the most. Furthermore, choose the company that will give you more for your money. Picking the right one to trust for your money transfer transaction is crucial, especially if you send money regularly to the US. It is good that you have a money transfer provider that can deliver the money on time, is cost-effective and they are reputable for their great service as well.