Remittances have become one of the most important lifelines for almost all countries in the world, including the African continent. In 2019 it was reported that the remittances sent to Africa exceeded well over forty-eight billion dollars. This extremely high number shows the importance remittances play in the development of society, families and economic conditions in Gambia and many other African nations. The money that is sent by individuals back to their loved ones or business back in Africa from the US, UK and other parts of the world help in the funding of education, healthcare among many other things that in the long run prove beneficial for both the sender and the receiver and society on the whole.
How to Transfer Money to Africa?
You may be surprised to find out that while the process of sending money to Africa may seem daunting, it is quite easy and streamlined in today’s world thanks to the advancements in modern technology and the banking sector. Today with just a click of a few buttons when using an app such as one provided by Jula Finance, you can send money to every part of Africa without delay.
There are several ways to make international transactions today but perhaps the most popular and easy method is using an online money transfer service. Platforms like Jula Finance offer not only reliable and secure online money-sending services but also offer competitive exchange rates that ensure you get the most out of your money. This allows more money to be received by your loved ones or businesses back in Africa. Most of these services have up-to-date mobile applications that have many built-in convenient features that allow one to transfer money directly from their device on the go, anytime anywhere. These applications can even transfer money across borders directly to your loved one’s mobile phone through mobile wallet integration.
However, whenever making use of an online MTS provider, always make sure to thoroughly research the company and their security protocols to avoid any type of mishap. Jula Finance in one of the most famous and reliable money transfer services that is trusted by a large number of clients for their transactions to Africa as they have state-of-the-art security, best exchange rates and a robust support network for the convenience of anyone who wishes to send money back to Africa.
