25 Aug 2022
Globally, development has resulted in an increase in the number of people working in foreign countries, often far from their home countries. And one factor that unites most expats, regardless of where they live, is the need to send money abroad.
Of course, the reasons vary. These may include paying bills, making mortgage payments, or simply sending money to family members or friends.
Making an online money transfer to Zambia from the UK has evolved significantly over the last two decades, giving expats various options. Until the turn of the century, most people relied on banks to meet their overseas money transfer needs. It usually entailed high fees and unfavourable exchange rates, which hasn't changed in some firms.
You have three basic options depending on how you want the recipient to collect transferred funds.
It is the first way to take if you want to make mortgage payments or pay bills from your home country. Several FinTech companies, such as ACE Money Transfer, make transferring money into foreign bank accounts simple. You will need the recipient's name and bank account information to make such a transfer.
If the recipient does not have a bank account, or if you need to make a transfer as soon as possible, consider sending funds to a cash pickup location.
In this case, the recipient receives cash by presenting a unique transaction number and a valid form of state-issued identification. While these transfers are usually completed almost immediately, they are more expensive than bank account transfers.
You may be able to top up mobile wallets and airtime depending on where the recipient lives. ACE Money Transfer is one of the best companies that provide this service.
ACE values your money and ensures a safe transfer at all costs. All you need to do is simply enter the beneficiary's bank account information and the amount you want to transfer to the mobile wallet. They provide competitive exchange rates and the most secure, quick, and dependable money transfers. The funds will be transferred directly to the beneficiary's account in Zambia without delay.
Traditional international money transfer methods, such as banks and wire transfers, are increasingly being challenged by specialised foreign exchange companies that provide online international money transfers. These may be cheaper and more convenient for many people than traditional banks.
ACE Money Transfer is a well-known remittance solution provider that may be one of the best ways to send money to Zambia. What distinguishes them apart as a leading money transfer company in the industry is that they offer attractive and best exchange rates, assuring you a quick and secure way to send money online. ACE allows you to send money to Zambia online with ZERO FEE on your first transfer.
Do you want to send money to family members in your home country of Zambia? ACE Money Transfer will assist you in sending money online quickly and securely through a reliable channel. Allow yourself to be exposed to the most secure, fast, and reliable remittance service for your financial needs.
By focusing on customers' needs, ACE Money Transfer provides a quick, secure, and cost-effective way to send money to Zambia from the UK that "here the eyes blink and there the happiness delivers to the beneficiaries." The beneficiary's earnings are the smile on their face. ACE Money Transfer will never charge any hidden fees on your online money transfer to Zambia. There will be no fees charged on the payout side, either.
Choosing the right overseas remittance service company to make a money transfer to Zambia may help in savings and peace of mind from knowing that your money is in good hands.
Because individual needs vary, make sure you conduct a thorough comparison before deciding. If you want secure and quick transfers, go with ACE Money Transfer.