There are many different reasons to send money abroad and if you are thinking of sending money back to Gambia, then there are some crucial aspects to consider first. From choosing the right method that would be most convenient and cost-effective for you, to choosing a reliable service that is both safe and quick like Jula Finance to the ever so important factor of exchange rates, sending money abroad can become a daunting task.
In this blog, we will explain what you need to look out for before sending money back to Gambia so that a smooth and secure money transfer can be ensured. Regardless of If you are sending money to your loved ones or are doing a business transaction, having the proper know-how of the ins and outs of remittances is the key to making the best financial decisions.
Compare the MTS
Before sending money to any place it is obvious that you will need a business that provides this service. Fortunately, in this day and age, there are many MTS out there to choose from, but not all of them are reliable and secure. MTS stands for money transfer service and those businesses that provide this service are called MTS providers. Here are some of the most important things to consider when selecting an MTS provider.
Security
Make sure that the service you choose has a reliable and up-to-date security infrastructure when it comes to transactions. It is an unfortunate reality that whereas methods of sending money have increased and become more easy and streamlined in the world today thanks to technology, at the same time new ways for criminals have also developed to hack data and steal money. For this, a reliable service such as Jula Finance must be chosen to make your transactions in Gambia.
Price
As mentioned before MTS is a service and just like any other service, there is an inherent cost to having the job down. Many service providers charge quite high prices to send money to Gambia or other parts of Africa. This ultimately proves pricey for the customer which is why it is essential to research good MTS providers that have low fees and especially no hidden charges. Jula Finance has one of the cheapest fees when sending money to Gambia and other parts of Africa.
