Category Cross-border Payment

How to Avoid Hidden Fees When Sending Money to Africa

How to Avoid Hidden Fees When Sending Money to Africa
Sending money to Africa is a common practice for millions of people, from individuals supporting family members to businesses conducting transactions across borders. However, what many may not realize is that hidden fees can significantly impact the final amount received by the recipient. From exchange rate markups to intermediary bank charges, these fees can make transferring money far more expensive than anticipated. This post will guide you through the various hidden fees to watch out for and share practical tips on how to avoid them, allowing you to keep more of your hard-earned money in each transaction.