In a globalized world, finding the most cost-effective, otherwise known as cheapest, methods to send money from the UK to Gambia and Africa makes sense. Millions of people make transactions worth billions every single day across borders, which has made it necessary to do research to find out how to Get the Best Deal while sending money to Gambia and Africa.
If you want the best deal on transfer fees and reliability for sending your hard-earned money back to your loved ones in Gambia and Africa, this guide covers the 3 things that you need to look out for.
Different Methods, Same Goal
The main aspect of an MTS like Jula Finance is to take your money and safely deliver it to your loved ones. However, you need to thoroughly understand what method you choose to send the money to get the best deal.
1. Bank Transfers
The most common method to send money from the UK to Gambia and Africa, or anywhere else in the world for that matter, for the past several decades has been the tried and true simple Bank Transfers. In this method, a sender directly deposits the funds into the recipient’s UK bank account. While one of the safest and most reliable ways to send money, bank transfers usually have a high transfer fee when making cross-border deposits or transactions, making them a rather expensive option.
2. Cash Transfers
Those who don’t have a bank account and want to avoid going through the hassle and machinations of getting one can send money through a more traditional method of simple cash transfer. Services such as Jula Finance offer cash pickup services, where a sender can walk in and deposit cash with an agent located in the UK, and the recipient can collect it from a designated agent location in Africa. This is a very convenient method to send money, but it may have higher transfer fees and lower exchange rates.
3. Online Money Transfer Services
How to Get the Best Deal while sending money to Gambia and Africa? The best answer to that question is MTS, abbreviated to Money Transfer Services. With the internet and digital world becoming an everyday part of our lives, online money transfer has become one of the most convenient and easy methods to send cash anywhere in the world from the comfort of your home. MTS businesses such as Jula Finance have not only robust security measures but also competitive exchange rates that ensure that you get the most out of your money, and the fact you can do all of that from anywhere, anytime really makes online money transfer one of the best deals when sending money to Gambia and Africa from the UK.
