Six easy steps to transfer money
Sending money internationally is now convenient and fast. How is this being done?
Whether it’s a parent sending rent money to their child studying abroad urgently, a daughter sending money to her aging parents back home, a brother supporting their siblings back home, a money transfer app is the way to go. Making international money transfers from South Africa was typically a time-consuming and complex banking process, however, with the introduction of Money Transfers APPS, sending your money overseas can be done quickly and effectively with none of the delay and hassle.
The benefits of money transfer platforms
User-friendly interface
Money-transfer apps are designed to be easy and straightforward. Simply enter your username and password and you’ll be able to access your account. The biometric functionality of some apps allows you to log in using your fingerprint or facial recognition. Transacting money using an app requires only a few touches of the screen.
Money can be easily tracked
Money transfer applications are ideal if you want to keep track of all your transactions and create favourites. You can keep track of all of your transactions in the program itself, allowing you to stay on top of your transaction history and get a clearer idea of where your money goes.
A convenient payment system
Money transfers can be initiated from the comfort of your couch or in your office, at any time of the day or night—there is no need to visit a physical location. The only thing you’ll need is a smart device (phone, tablet, or laptop), a login and password, internet connectivity, and the beneficiary’s personal information.
A high level of security
Apps for money transfer are safe and secure. Transactions are protected with encryption, and bug fixes are released on a regular basis. Aside from that, the majority of cellphones today are secured using a password or the owner’s fingerprint. This implies that even if someone were to get their hands on your phone, you wouldn’t have to worry about them having access to the money transfer app and committing financial theft.
How to make an international transfer: a step-by-step guide
An international money transfer transaction using a money transfer app can be done safely and securely with the following simple steps:
- Open the transaction window by clicking on the Send Money button.
- Provide all of the required details of where you want to send your money.
- Select the country you want to send money to.
- Choose the appropriate pay-out method you want for your beneficiary.
- Select the pay-out partner you want for your beneficiary. Each country will have its own list of pay-out partner options provided for you to choose from.
- Indicate whether you are going to enter in for a quote. The parameters here should include or exclude transaction fees and you should indicate the correct amount of money which you intend your beneficiary to receive.
Next time you want to send money internationally, think about an app.
