Living and working abroad offers exciting opportunities, but for many expats and migrant workers, supporting loved ones back home remains a top priority. Sending money internationally can seem daunting at first, especially with concerns over high fees, currency fluctuations, and delays. However, with the right knowledge and tools, it becomes a simple and secure process.
Choosing the Right Money Transfer Service
There are numerous ways to send money home, including banks, mobile apps, and specialised remittance services. While banks are traditionally seen as reliable, they often come with higher fees and slower transfer times. On the other hand, money transfer operators (MTOs) like Dahabshiil offer competitive exchange rates, lower fees, and fast delivery—often within minutes.
Dahabshiil is a trusted name, especially among the African diaspora. With over 50 years of experience, the company provides money transfer services in more than 100 countries. Known for its deep community roots and reliability, Dahabshiil makes it easier for migrant workers to support their families by offering both cash pickup, bank account transfer and mobile wallet options.
Key Factors to Consider When Sending Money With Dahabshiil
When choosing how to send money home, keep the following in mind:
• Fees and Exchange Rates: Some services may advertise "zero fees" but offer poor exchange rates. Always compare the total amount your recipient will receive.
• Speed of Transfer: If your family needs urgent funds, prioritize services that offer same-day or instant transfers.
• Accessibility for the Recipient: Make sure your family members can easily access the money, whether through a local bank, mobile wallet, or cash pickup location.
• Security and Trust: Use well-known, regulated services. Dahabshiil, for example, is licensed in multiple countries and follows stringent compliance standards.
Tips for Managing Remittances
1. Plan Ahead: Avoid last-minute transfers when rates may not be favourable.
2. Budget Wisely: Sending money regularly can impact your own finances. Establish a sustainable schedule.
3. Educate Your Family: Help them understand the best ways to use the funds for long-term benefit, such as education, health, or savings
Final Thoughts
Sending money home is more than a financial transaction—it’s a powerful link between you and your loved ones. Whether you’re supporting daily living expenses or contributing to long-term family goals, choosing a reliable partner like Dahabshiil ensures your hard-earned money reaches its destination safely and efficiently.
With the right tools and some planning, remittances can be a meaningful and manageable part of your life abroad.