Highest remittance rate for converting 1 USD to ZMW = 20.01
Find out the best way to send money from America to Zambia without spending so much time on the internet. We take the responsibility of analyzing and providing you with the best options for completing your transfer keeping in mind that the recipient should never be inconvenienced. Take advantage of our database and find yourself the best way to complete your transfer.
Many people are stuck between options when it comes to sending money from USA to Zambia because of the many available and confusing options. Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you.
Sending money from US to Zambia can be best described as a walk in the park. That is because the process is more straight forward today than it was a couple of years back. If you don’t know it, millions of dollars are remitted to Zambia from the United State annually by different people and for various purposes. With the United States harboring thousands of Zambian immigrants, the demand for reliable money transfer services is vital. Although some agents are already providing the services, finding the best way to transfer money from US to Zambia is not as easy especially to people who want to make the transfer for the first time.
before jumping into the best way to send money to Zambia from US, you have to understand that people have different reasons to send money. While immigrants need to send money back to their families, there are other groups like American employers that have outsourced freelancing services from Zambian professionals. There are also donations and many other reasons. The amount of money to be transferred also comes into play when it comes to identifying the best transfer method. Basically, there are three main ways that you can use to transfer money to Zambia from US and they include;
Online money transfer services:- These are perhaps the most popular money transfer method used to send money across the world. That is because they are easy to access and most of them offer the best rates to send money from US to Zambia. Some of the most popular online money transfer services that are used to send money from US to Zambia because of fair rates and impressive services include XE money, Ria transfer, and WorldRemit.
Direct cash transfer:- Direct money transfer is one of the oldest money transfer methods that have ever existed. The process works by the sender taking the cash to the transfer agent after which it will be delivered in cash to the recipient. For this method to work perfectly, the transfer agent must be available in both countries. Some of the cash transfer agents that operate in US and Zambia include Western Union and Travelex.
Bank deposits:- You can also deposit money directly into someones bank account in Zambia from America. You will, however, need to ensure that the bank you are dealing with is operating in America and Zambia for an easier transaction. Citi bank should be a good option for a direct bank deposit.
The first thing that you will want to keep in mind before you release funds to Zambia is if the recipient will be able to access the money in time without complications. That is why the first step to making a successful international money transfer is confirming if your transfer method or agent exists in both countries.
The duration that your transaction takes should also be another concern that will do away with inconveniences. As we already know, the cheapest way to send money from US to Zambia may take longer between 2 to 5 days. If you are using a transfer agent that takes longer to deliver your money, you have to ensure that they offer reliable tracking services that will show you the status of your transfer.
One of the biggest issues that come with international money transfer is the cost of service which is influenced by a number of factors. If you are looking for the fastest way to send money from US to Zambia for example, you should know that it will cost you more than slower services which take a couple of days to deliver your money. It is also good to know that there are some transfer agents that will charge you according to how much money you need to transfer. Some will charge lesser for large transfers while others can be expensive.
It is always good to do a small research about your transfer options before initiating a transaction. The good news is, at ERIQ, you can quickly discover your best option for transferring money from US to Zambia. All you need to do is enter the country combinations and amount then select your option from the provided results then click on send now.