About USD and ERN
The Eritrean Nafka is not quite popular as compared to the USD. Most US citizens often come to Eritrea for vacations while exploring East Africa. That is one of the many reasons why it is hard to lack a way to send money from US to Eritrea.
Despite the Asmara black market being popularly known for offering the best exchange rates in Eritrea, it is considered illegal and highly punishable by the state. Moreover, many people get conned using fake currency at the black market with no hopes of recovering their money. That is because there is no regulation or customer support care.
The best way to send money from US to Eritrea
Despite all these, you can still send money from US to Eritrea using reliable money transfer services in the market. Remember, the exchange rates when sending money from US to Eritrea changes depending on the forces of demand and supply.
If you are looking for the fastest way to send money from US to Eritrea, then consider using the following options:
Ria is one of the best online money transfer companies in the world. It is easy to use, fast and secure in terms of its transfers. With its services going across more than 146 countries, Ria is the best choice you want to go for when sending money from US to Eritrea.
Travelex and Western Union are direct cash pick-up agents that offer the option of sending your money from US to Eritrea. They have their agents located all over US at designated points and also in Eritrea. You can get your cash wired instantly to your recipient within a matter of minutes.
4 things to consider before sending money to Eritrea from US
Before hitting the send button of a service provider, you have to look at what each one of them has to offer. You have to find a perfect balance between what you casually want and what you desperately need. Some of the factors to look at are:
Transfer limits: What are the minimum and maximum amount of money I can transfer with the service provider I am using?
Transfer speeds: Will my money get to my recipient’s collection point on time? How long does the whole process take?
Rates and fees: Is the exchange rate close to the mid-market rate? How much are the fixed service fees that are added on top?
Convenience: How easy is it to reach my service providers? Will they be around when I need them?