Sending money from the UK to Kenya can be straightforward with various options available. Here are five easy methods:
1. Wise (formerly TransferWise)
- Overview: Wise offers low-cost international transfers using real exchange rates.
- How It Works:
- Create an account on the Wise website or app.
- Enter the amount and recipient’s bank details.
- Fund the transfer via bank transfer or debit/credit card.
- Fees: Typically lower than traditional banks, with transparent pricing.
2. Remitly
- Overview: Remitly specializes in fast money transfers with flexible delivery options.
- How It Works:
- Sign up on the Remitly platform.
- Choose the delivery method (bank deposit, cash pickup, or mobile money).
- Enter recipient details and complete the payment.
- Fees: Vary based on payment method and transfer speed.
3. WorldRemit
- Overview: WorldRemit allows online transfers for bank deposits or cash pickups.
- How It Works:
- Create an account and select Kenya as the destination.
- Choose how the recipient will receive the money.
- Enter recipient details and fund the transfer.
- Fees: Competitive, depending on the transfer method.
4. PayPal
- Overview: PayPal enables international transfers, though fees may apply.
- How It Works:
- Log in to your PayPal account.
- Choose to send money internationally and enter the recipient’s email.
- Select how the recipient will receive the funds.
- Fees: May include currency conversion fees and transfer fees.
5. Bank Transfers via SWIFT
- Overview: Most UK banks offer international wire transfer services.
- How It Works:
- Visit your bank or use online banking.
- Provide the recipient’s bank details, including their SWIFT code.
- Confirm the transfer.
- Fees: Generally higher than other methods; check with your bank for specifics.
Conclusion
When sending money from the UK to Kenya, consider options like Wise, Remitly, or WorldRemit for competitive fees and ease of use. Always compare fees and transfer speeds to find the best method for your needs.