Transfer Money From Angola To India: A Step-By-Step Guide

There are several ways to transfer money from India to Angola, with varying costs and transfer times. The cheapest way to send money to Angola is through an online provider. The most popular online providers include Wise, OFX, Xe, Western Union, MoneyGram, and WorldRemit. These services offer different benefits, such as low upfront fees, fast transfer times, and straightforward processes. It is important to compare the exchange rates, fees, transfer times, and security of each provider before choosing the best option for your specific needs.

Transfer money from India to Angola online using Wise

Wise, formerly TransferWise, is a platform that allows users to send money to Angola. Here is a step-by-step guide on how to transfer money from India to Angola online using Wise:

• Set up an account: To get started, you will need to create an account with Wise if you don't have one already. Sign up with your email address and create a password. You will also need to provide some basic personal information, such as your name, address, and date of birth.
• Add your payment method: Once your account is set up, you will need to add your payment method. Wise accepts various payment methods, including bank transfers, debit cards, and credit cards. Choose the option that is most convenient for you and follow the instructions to link your payment method to your Wise account.
• Start the transfer process: After your payment method has been added, you can initiate the transfer process. Select the option to send money to Angola and enter the amount you wish to transfer. Wise will provide you with the current exchange rate and any applicable fees.
• Provide recipient details: You will need to provide the recipient's bank account details, including the account number and SWIFT code. Ensure that you have the correct information to avoid any delays or issues with the transfer.
• Pay for the transfer: Proceed to pay for the transfer using your chosen payment method. You can pay using any of the currencies supported by Wise, and they will convert the funds to US Dollars (USD) before sending them to the recipient in Angola.
• Track your transfer: Once the transfer is initiated, you can track its progress through your Wise account. Wise will provide updates on the status of the transfer, and you will receive a notification when the funds have been delivered to the recipient's account.

It is important to note that Wise currently only supports sending USD to Angola using international wire transfer. While they are working on enabling transfers in the local currency (AOA), it is not yet available. The cost of sending money through Wise may vary depending on the currency you are sending and the payment method you choose. You can use their calculator to get an estimated fee for your transfer before initiating the process.

Send money from India to Angola for free using Xe

Xe is a fast and trusted way to send money to over 200 countries in more than 100 currencies. It is a safe alternative to high-cost bank transfers, with transparent rates and no hidden fees. Xe is owned by the multibillion-dollar NASDAQ-listed company Euronet Worldwide and has over 30 years of experience in the currency business.

• Sign up for a free Xe account: All you need is an email address and some additional information.
• Start your transfer: Let Xe know the currency you want to transfer (in this case, from Indian Rupee to US Dollar), the amount, and the destination (Angola).
• Get the best rates: Xe offers competitive exchange rates and is transparent about any additional fees.
• Add recipient's details: Provide the name, address, and bank details of the recipient in Angola.
• Verify your identity: For some transfers, Xe may require additional documents to confirm your identity and ensure the security of your money.
• Confirm and fund your transfer: You can choose from multiple payment methods, including debit card, credit card, direct debit (ACH), or bank transfer. Card payments are typically faster but incur a small additional fee. Bank transfers are usually free but can take up to four business days.

By following these steps, you can take advantage of Xe's secure and convenient platform to send money from India to Angola for free, benefiting from their competitive rates and transparent fee structure.

Send money from India to Angola in under 4 days with Wise

Wise, formerly TransferWise, is a platform that enables users to send money to Angola from anywhere in the world. The platform supports sending United States Dollars (USD) to Angola using international wire transfer. Here is a step-by-step guide on how to send money from India to Angola in under 4 days using Wise:

Step 1: Sign Up and Set Up Your Transfer

To initiate the process, sign up for a Wise account if you don't have one already. Once you have accessed your account, set up a new transfer by providing the necessary details, such as the amount you wish to send and the purpose of the transfer.

Step 2: Create a New Recipient

After setting up the transfer, create a new recipient for this specific transaction. Provide the recipient's bank account details, including the account number and SWIFT code. Additionally, select the recipient's bank account country, which, in this case, would be Angola.

Step 3: Choose Your Payment Method

Wise offers flexibility in payment methods. You can choose to pay for your transfer using any of the currencies supported by Wise or even USD. This includes paying from your bank account, debit card, or credit card.

Step 4: Pay for Your Transfer

Proceed to pay for your transfer using your chosen payment method. Wise will then send the USD to your recipient in Angola securely and promptly.

Step 5: Track Your Transfer

Wise provides transparency throughout the transfer process. You can track your transfer's progress and receive notifications when the funds have been delivered to the recipient in Angola.

It is important to note that Wise is continuously working on expanding its services. While they currently support sending USD to Angola, they are also working on enabling customers to send AOA (Angolan Kwanza) directly to Angola. Additionally, the exact transfer time and cost may vary depending on the sending amount, payment method, and other factors. Wise provides a calculator on its website to estimate the fees for your transfer.

Transfer money from India to Angola using a bank account

Transferring money from India to Angola using a bank account can be done through several online platforms. Here is a step-by-step guide on how to do it:

Wise (formerly TransferWise)

Wise is a popular platform for international money transfers and is recommended for its competitive rates and fast transactions. Here are the steps to send money from India to Angola using a bank account through Wise:

• Set up your transfer and create a new recipient: Log in to your Wise account and select the option to set up a new transfer. You will need to provide the recipient's details, including their bank account information.
• Select the recipient's bank account country: Choose "Angola" as the country you are sending money to, even if the account holds USD.
• Add the recipient's account number and SWIFT code: This information is necessary for the transfer.
• Pay for your transfer: You can pay using various currencies supported by Wise, including USD.

Western Union

Western Union is another well-known money transfer service that offers transfers to Angola. Here's how you can use their service:

• Search for a Western Union agent location near you: You can use their website or mobile app to find the nearest location.
• Complete the "Send Money" form: Provide details such as the recipient's name, bank name, and account information. Double-check what specific information is needed.
• Give the agent the completed form and applicable funds, including the transaction fee: Make sure to have the funds ready in cash, including the transaction fee.
• Save your receipt and tracking number (MTCN): Keep the receipt safe, as you will need the tracking number to track your transfer, and the recipient will need it for pickup.

Other Options

In addition to Wise and Western Union, there are a few other options you can consider for transferring money from India to Angola using a bank account:

• OFX: This platform is recommended for its competitive rates and reliable service.
• Xe: Xe offers fee-free transfers to bank accounts in Angola and supports various payment methods.
• GlobalWebPay: This platform offers fast and secure transfers directly to the recipient's bank account. They also provide competitive exchange rates and a user-friendly online service.

When choosing a platform, it is always a good idea to compare the fees, exchange rates, transfer speeds, and reliability of each service to find the best option for your specific needs.

Transfer money from India to Angola using a debit or credit card

Transferring money from India to Angola can be done in several ways, including through a debit or credit card. Here is a step-by-step guide on how to do it:

Step 1: Choose a Reputable Money Transfer Service

Select a well-known and trusted money transfer provider that offers services from India to Angola. Some popular options include Wise (formerly known as TransferWise), OFX, and Xe. These platforms offer secure and cost-effective ways to send money internationally.

Step 2: Register and Verify Your Account

Sign up for an account with your chosen platform. This usually involves providing basic personal information, such as your name, email address, and creating a password. For security and regulatory compliance, you may also need to verify your identity by providing a photo of your ID or passport.

Step 3: Enter Transfer Details

After registering, you will need to enter the details of your transfer. This includes the amount you wish to send and the type of currencies involved (in this case, likely Indian Rupees to Angolan Kwanza). Additionally, you will need the recipient's bank account details, including the account number and SWIFT code.

Step 4: Choose Your Payment Method

At this stage, you can choose to pay using your debit or credit card. Keep in mind that different payment methods may have varying transfer speed and fees. For example, bank transfers are usually the cheapest option but may be slower than card payments.

Step 5: Complete the Transfer

Follow the instructions provided by your chosen platform to finalise the transfer. This may involve confirming the transaction details and authorising the payment through your card provider.

Additional Considerations:

• Compare fees and exchange rates between different providers to ensure you get the best value for your money.
• Be mindful of the transfer speed, as some methods may offer faster delivery, usually at a higher cost.
• Always review the terms and conditions of the transfer to understand any potential limitations, such as maximum transfer amounts.
• Keep all necessary documentation related to the transfer for future reference.

By following these steps, you can safely and efficiently transfer money from India to Angola using a debit or credit card through a reputable online money transfer service.

Frequently asked questions