Sending Money From Angola To Namibia: What Are The Options?

There are several ways to send money from Angola to Namibia. You can use a bank transfer, a debit or credit card, or a mobile wallet. Various companies offer these services, including Western Union, TransferGo, Xe, and Ria Money Transfer. These companies offer different benefits, such as competitive rates, fast transfers, and low fees. It is important to compare the options and choose the one that best suits your needs.

Using a money transfer app

Choosing a Money Transfer App

First, you need to choose a reliable and trusted money transfer app that facilitates transactions from Angola to Namibia. Some popular options include Wise (formerly known as TransferWise), WorldRemit, Ria, and XE. Compare the features, fees, exchange rates, and transfer speeds offered by each app to determine which one best suits your needs.

Creating an Account

Once you have selected a money transfer app, you will need to create an account. This usually involves providing basic personal information, such as your full name, email address, birthday, phone number, and address. You may also be asked if you are sending money as an individual or on behalf of a business.

Setting up Your Transfer

After creating your account, you can set up your first transfer. Specify the amount you wish to send and the currency you want to transfer (in this case, you would likely be transferring from Angolan Kwanza to Namibian Dollar). The app may also ask for details about the purpose of the transfer.

Providing Recipient Information

The next step is to provide information about the recipient. This typically includes their full name, address, and bank account details, such as the account number and bank name. Some apps may also allow you to transfer money to the recipient's mobile wallet or debit card.

Reviewing and Confirming the Transfer

Before confirming the transfer, the app will usually provide a summary of the transaction, including the amount, fees, and expected delivery time. Carefully review this information to ensure it is correct. If any changes are needed, make the necessary adjustments. Once you are satisfied, confirm the transfer.

Paying for the Transfer

Finally, you will need to pay for the transfer using one of the accepted payment methods offered by the app. Common payment methods include bank transfers, debit cards, or credit cards. Each payment method may have its own specific steps and processing times, so be sure to review this information before initiating the transfer.

Tracking the Transfer

Most money transfer apps provide a tracking feature that allows you to monitor the status of your transaction. You can usually track your transfer using the app or the app's website. This feature provides transparency and peace of mind, allowing you to confirm when the funds have been successfully delivered to the recipient.

Paying by credit or debit card

There are several options for sending money from Angola to Namibia using a credit or debit card.

One option is to use a service like TransferGo, which allows you to transfer money directly to your recipient's bank card, avoiding high international transfer fees. You will need the recipient's full name and card details, and you can choose to pay using your own card. TransferGo accepts Visa and Mastercard for transfers and offers end-to-end encryption to protect your money and data. The first two transfers are free, and subsequent transfers are kept at a low rate.

Another option is to use a service like Xe, which offers competitive exchange rates and no hidden fees. You can pay for your transfer with a debit or credit card. Paying with a debit card is usually cheaper than a credit card because credit cards are more expensive to process. Xe accepts Visa and Mastercard.

You can also use the Western Union® app to send money from Angola to Namibia. You can pay using a credit or debit card, and your loved ones can receive the money near them in Namibia at any Western Union agent location.

Additionally, Wise (formerly TransferWise) is a safe and secure option for sending money, regulated by the Financial Conduct Authority (FCA) in the United Kingdom. They offer transparent fees and use the mid-market exchange rate independently provided by Reuters. You can pay for your transfer using a debit or credit card.

Using a bank transfer

Bank transfers are a popular option for funding your international money transfers. They are generally slower than debit or credit card transfers but are usually the cheapest option.

If you are sending money from Angola to Namibia, you will need to provide a photographic form of identification, such as a driver's licence or passport. You will also need to provide the personal details of the recipient, including their name, address, and bank account details.

The recipient will need to have a bank account, but they won't need to have an account with the same provider as you. It's worth noting that some companies, like TransferGo, do not currently offer bank transfers to Namibia.

To set up a bank transfer, you will need to start by creating an account with your chosen provider. You will then need to set up your first transfer, providing the amount you wish to send and where you want to send it. The provider will then tell you when the money should arrive. You will then need to provide the recipient's details, including their bank details, and make the transfer.

It's important to note that banks often charge high fees for international money transfers, including handling charges and foreign exchange commission rates. These fees can add up, so it's worth comparing the costs of different options before choosing a provider.

Sending money to a mobile wallet

To send money from Angola to Namibia using a mobile wallet service, you can use Western Union. Western Union offers a mobile money transfer service to certain countries, allowing you to send money directly to a mobile wallet.

Step 1: Check Availability

Firstly, you need to ensure that this service is available in Namibia. Western Union has a large network of agent locations worldwide, but it is always good to check that the service is offered in your desired country.

Step 2: Find an Agent Location

If the service is available, you can then locate a Western Union agent near you. You can do this by searching for agent locations in your area on the Western Union website or app.

Step 3: Complete the Send Money Form

Once you have found a convenient agent location, you will need to fill out the "Send Money" form. This will require details of the recipient, including their full name, mobile phone number, and the amount you wish to transfer.

Step 4: Provide Funds and Pay Transaction Fee

Along with the completed form, you will need to provide the agent with the funds you wish to transfer, as well as the transaction fee, in cash.

Step 5: Save Your Receipt and Tracking Number

After completing the above steps, you will receive a receipt with a tracking number (MTCN). Be sure to save this receipt, as you and the recipient will need the tracking number. The recipient will need it for pickup, and you will need it to track the transfer.

Other Options

While Western Union is a popular option for sending money abroad, there are other services available, such as WorldRemit and MoneyGram. These services may offer different benefits, such as lower fees or faster transfer times, so it is worth researching these options to find the best one for your needs.

Using a money transfer company

Step 1: Choose a Reputable Company

Select a well-known and trusted money transfer company that offers services between Angola and Namibia. Examples of popular companies include Western Union, TransferGo, Wise, and Ria Money Transfer. Research their fees, exchange rates, transfer speeds, and security measures to make an informed decision.

Step 2: Sign Up and Create an Account

Visit the chosen company's website or download their mobile app. Create an account by providing your personal information, such as your name, email address, and sometimes your physical address. This step may also involve verifying your email address or phone number.

Step 3: Initiate the Transfer

Log in to your account and start the transfer process. You will need to specify the amount you wish to send and the currency (in this case, likely Angolan Kwanza to Namibian Dollar). You may also need to provide the reason for your transfer.

Step 4: Add Recipient Details

Provide the details of the recipient in Namibia, including their full name, phone number, and bank account information. Carefully review the recipient's information to ensure there are no errors, as incorrect details may delay the transfer or cause it to be sent to the wrong person.

Step 5: Choose the Payment Method

Select your preferred payment method for the transfer. Common options include paying with your debit or credit card, or directly from your bank account. Each method may have different processing times and fees, so consider your preferences.

Step 6: Confirm and Send

Review the transaction details, including the amount, recipient information, and any associated fees. Once you are satisfied that the information is correct, confirm the transfer. You may need to provide additional security information, such as a one-time password or two-factor authentication code, to authorize the transaction.

Step 7: Track the Transfer

Most money transfer companies provide a tracking feature that allows you to monitor the progress of your transaction. You will typically receive a confirmation message or notification once the funds have been successfully delivered to the recipient in Namibia.

Frequently asked questions