How to Send Money from Kenya to Senegal

Did you know that in 2020, cross-border payments in Africa were estimated to exceed $95 billion? Despite this substantial volume, many people still face high costs and complexities when transferring money across African borders. 

One significant corridor is the transfer route from Kenya to Senegal. Finding the right platform is important for individuals and businesses needing to send money quickly, affordably, and securely. Enter Bitnob: a solution dedicated to simplifying cross-border payments. In this article, we will explore why Bitnob stands out as the best choice for transferring money from Kenya to Senegal. Let’s roll!

Bitnob: The Best Way to Send Money From Kenya to Senegal

Bitnob is dedicated to tackling the challenges associated with cross-border payments in Africa by offering an economical, accessible, and user-friendly solution. Our platform enables instant and secure money transfers, including transactions from Kenya to Senegal. Here are the compelling reasons that make Bitnob the top choice for transferring money between these two African nations:

Cost-Effective Fees

The average cost of cross-border transfers to Africa was 8.9% in 2019, higher than the global average of 6.8%. This high expense puts a significant strain on families and small businesses that depend on these funds, affecting their financial stability.

Bitnob excels with its exceptionally low fees, charging between $0.20 to 1% of the transfer amount. This rate is considerably below the average cost of remittances in Africa, ensuring users benefit from affordable money transfers. Additionally, competitive exchange rates are provided, maximizing the value of each transaction.

Accessibility

Bitnob is available to anyone in all supported countries, bridging geographical distances and enabling even those in remote areas to send and receive money effortlessly. You can make transactions in local currencies, eliminating the need for currency conversions and further reducing overall transaction costs.

Robust Security Measures

Committed to compliance with relevant regulations, Bitnob prioritizes user security. Stringent security protocols are in place to protect both user data and funds, ensuring a reliable and secure environment for cross-border transactions.

How to Transfer Money from Kenya to Senegal with Bitnob

The first step is to download Bitnob and get verified. Before we delve into the simple steps of sending money from Kenya to Senegal, let’s look into how to deposit funds into your newly registered Bitnob account in Kenya:

1. Tap on Deposit in the Quick Links section and select the Fund with Local Currency option.
2. Tap the Change Currency button and choose Kenya [KES].
3. Enter the amount you want to fund your wallet with, and you will automatically see the equivalent in USD.

P.S. Ensure you have a Mobile Money wallet to fund from.

1. Once you've entered the amount, tap “Continue” and follow the prompts to complete your deposit.

After your funds have successfully settled in your Bitnob account, you can proceed with these straightforward steps to send money from Kenya to Senegal:

1. Tap on the “Transfer” button in the Quick Links section of the homepage.
2. Select “Transfer to Bank or Momo.”
3. Ensure the currency is set to Senegal [CFA].
4. Enter the amount you wish to transfer, then tap on “Continue.”
5. Select the Mobile Money provider and fill in the details of the recipient's account. If you plan to send money to this person regularly, tap “Save as beneficiary” to add them as a beneficiary.
6. Tap on “Proceed to Transaction Note” to add a note to the transaction.
7. Review the transaction summary and then tap on “Proceed” to complete the payment to the account or mobile money wallet.

Final Words

Sending money from Kenya to Senegal can be easy and affordable with Bitnob. With its low fees, strong security, and simple steps, Bitnob makes it easy for anyone to transfer money. Choose Bitnob for your money transfers and enjoy a smooth, reliable experience. Download Bitnob 

today and see how easy and fast it is to send money across borders.