The best services to transfer money to Angola
What’s the easiest, cheapest method of wiring money?
Most people, looking for ways of sending cash, face similar questions. Like with any other country, Angola's financial sector is well-developed, with many financial institutions like banks, international money remittance services as well as mobile or online based remittance services to choose from. Truth is, despite the many options, it gets confusing when you're selecting the cheapest, easiest money transfer method.
How to send money to Angola online?
- Enter the country of departure – Portugal.
- Enter the country of receipt – Angola.
- Select the departure currency - you can send money online from Portugal in EUR and USD.
- Enter the transfer amount in the selected currency - for example, 2000 EUR.
- Select the currency of receipt - the recipient can receive money in Angola in AOA, USD, EUR.
- Choose a suitable option from the 2 proposed providers and follow the link to process a money transfer from Portugal to Angola.
What are the different ways of transferring money to Angola?
Interbank transfers, wire services, money orders, cash pickup points, debit and credit cards are among the popular methods that you can use when sending cash to your friends, family, or employees. That said, here are the common money remittance services:
- Banks. For business customers, banks are a solidly reliable money transfer method for remitting bulk cash. Although banks are usually expensive, international banks with branches can be a good start.
- Cash transfers. For emergency cash transfers, nothing beats the good old cash pick up. You'll need to get a cash transfer service with agents in Angola. Cash pick up is a fast and convenient method of transferring money, only that it can get expensive when compared to online remittance services.
- Online and mobile transfer services. Online-based cash remittance services are cheaper than most other methods. The good news is that Angola is home to many remittance services, so you'll have variety. They include WorldRemit, Skrill, to TransferWise, among others.
Money transfer services
Which service should you use to send money to Angola?
Before you embark on the process of sending money, its important to note that Angola is a cash-heavy economy. As such, many people prefer cash remittances as it’s fast and convenient. The other popular alternative is mobile money. To use mobile money services like e-kwanza, you should sign up for a mobile money account.
Before you wire money, you'll generally need documentation, regardless of the method you choose. These include;
- ID; a driver's license or a passport.
- Cash transfer details; the amount in Angolan kwanza or the USD and the reason behind the transfer.
- Details of the recipient, including their name and location.
- Transfer number generated by the money remittance service.
How much does it cost to wire money to Angola?
A transfer fee is part and parcel of cash remittances. That being the case, anyone transferring cash should consider the associated costs of doing so. That said, there's no size for all when it comes to sending dollars or kwanza. Each method has its costs, which will mainly be determined by the following:
- Forex rates; for bulk transactions, forex rates can be a huge expense.
- Fees; these constitute the main expense of sending cash.
- Speed; faster remittance options are usually costlier than slow methods.
- Delivery options; when sending cash to pick up locations, costs can be higher compared to wiring money directly to a bank account.
In general, the fastest cash transfer method in Angola is cash pickup. However, this method is costlier compared to online cash remittance services.
Our advantages
We know it can get confusing when it comes to choosing the cheapest and most reliable cash transfer method, that's why we have designed an interactive comparison engine to make it easy for you.
Here are some of the benefits that you get from our website:
- Our comparison tool is trusted by millions of users.
- You save up on cash by using the cheapest methods that we provide for free.
- We only feature regulated companies.
FAQ
What is the best way to transfer money from Portugal to Angola (EUR→AOA)?
What is the fastest way to send money from Portugal to Angola (EUR→AOA)?
What is the cheapest way to send money from the US to Angola (USD→AOA)?
How long does it take to transfer money from the US to Angola (USD→AOA)?
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