Looking for the cheapest way to send money to Kenya?
Need to transfer money from USA to Kenya? I’ve got you covered.
Whether you moved abroad from Kenya on a working visa or Green Card will at one point or another you will be on the look out for cheapest ways to send money to Kenya to friends and/or family.
Or maybe you just need the best cheapest way to send money to Kenya via Mpesa.
Whether you are on a B1/B2 US visitor tourist visa, a working visa or moved abroad permanently, in this guide, we list some of the best ways to send money will help you transfer money from the US United States to Kenya the cheapest way.
I get lots of queries all the time on both the EvaMtalii Facebook messenger as well as on this blog, from people asking:
- What is the cheapest way to send money to Kenya from UK?
- What is the best way to send money from USA to Kenya mpesa?
- cheapest way to send money to Kenya from USA?
- How do you send money to Kenya via Mpesa?
- What is the cheapest way to send money from the United Kingdom UK to Kenya?
- How do I send money from Canada to Kenya?
- How to send money from Dubai to Kenya?
- Is there a cheap way to transfer money from my bank account?
- What is the safest and fastest way to send money from the US to Kenya or the other way round!?
So if you’re one of those having any of the above questions, fret not. You are not the only one. In fact when I decided to publish this article on cheapest ways to send money to Kenya, I wanted to save my readers thousands on bank fees and exchange rate.
With the government recently slapping an additional tax of financial services, we have to try and find all ways and means to save on transferring money from the United States US to Kenya.
What happens to first timers as they send money to Kenya?
- Most of those sending money to Kenya for the first time make the mistake of sending tit directly to a bank account in Kenya thinking its the most reasonable and easiest way of handling it.
- As soon as the money lands in the KES bank account, the bank slaps about 5% in exchange rate fees, and a further 5% tax as per the new government requirement.
- Mark you at this point you as the sender had already an average of $20 in “Sending fees.”
- Then there is the receiving fee you pay since the money is an overseas bank transfer.
- So in total, you end up having spent $50 at least in when you add up the sending fees, receiving fees, exchange rate loss, and the crazy government imposed Exercise duty on financial transactions.
- Well, for lack of better knowledge, of course, thinking they don’t have options, first timers go ahead thinking its the only way to send money from the US to Kenya thing.
Well, as I mentioned above, I got you covered bruh…:)
And very soon you will no longer be send money to Kenya through the banks. Through your computer or simple apps, you will be able to send money to Kenya Mpesa.
So, without much further ado…
Cheapest Way to Send Money to Kenya
WorldRemit
Through WorldRemit, a UK company, you simply send money to Kenya via Mpesa.
With WorldRemit, sending money to Kenya is almost five times cheaper!
To send $700 (maximum you can send to mpesa at one go) from the USA to Kenya visa MPESA will cost you only $2.90
Sign up for WorldRemit here.
Then Send money to Kenya for cheap, and once you’ve enjoyed the cheapest way to send money to Kenya via MPESA, refer your friends and you will recieve £20–and the one you’ve referred will also receive £20, as soon as they transfer £100 or more using WorldRemit.
Wave Money Transfer App
Wave is another of the cheapest ways to send money to Kenya via M-Pesa.
