Discover how to bridge the gap and send money from Kenya to Togo on the Bitnob App.
The introduction of cross-border financial transactions into the economy has provided several advantages like, access to a wider market, competitive pricing, investment opportunities, and many others.
Although it has some of these advantages, it’s been reported to be underutilized in African countries due to several challenges like exchange fees/charges, regulations/time zones, security risks, and transfer delays. All of these challenges have reduced the usage of cross-border financial transactions between African countries.
However, the Bitnob app presents an option for individuals and businesses seeking a more efficient and cost-effective way to send and receive money across borders within Africa. Bitnob caters to African users, offering transfers between nine African countries: Ghana, Togo, Nigeria, Kenya, Rwanda, Benin Republic, Senegal, Cote D’ ivoire, and Uganda. In this article, you’ll be guided on how to send money seamlessly from Kenya to Togo through the Bitnob App.
Why You Should Use Bitnob For Your Transactions
Reduced Fees
Bitnob boasts competitive exchange rates and transparent fee structures compared to traditional money transfer services. The overall transfer costs are low, making it an attractive option for individuals and businesses alike.
On the Bitnob App, you will only pay a maximum of 0.5% on any amount you transfer, depending on how much you are sending and it could be less, but whatever its volume, the fee is capped at $2. You can read more on it here
Speed and Convenience
Bitnob facilitates quick transfers, with recipients receiving funds within minutes. This eliminates the long wait times often associated with traditional cross-border transactions. The user-friendly mobile app allows you to initiate and manage transfers easily from your smartphone. No need to visit physical locations or deal with complex paperwork.
Direct Deposits
You can send money directly to recipients' local bank accounts or mobile money wallets, without them necessarily having a Bitnob account.
Transparency
The Bitnob App has clear and upfront pricing. You can see the exchange rate and any applicable fees before initiating a transfer, allowing you to make informed decisions.
Security
Bitnob ensures secure transactions, using industry-standard practices to safeguard your money.
How to Send Money from Kenya to Togo with Bitnob
To send money from Kenya to Togo, you need to open the Bitnob App.
- Tap on the “Transfer” button located in the Quick Links section of the homepage.
- Select “Transfer to Bank or Momo” to initiate the transaction.
- Ensure the currency is set to Togo (CFA) on the column.
- Input the desired transfer amount and tap on “Continue” to proceed.
- Choose the Mobile Money Provider and provide the recipient's details; save as a beneficiary for future transactions if desired.
- Tap on “Proceed to Transaction Note” to include any relevant notes for the transaction.
- Review the transaction summary and tap “Proceed” to initiate the payment to the recipient's account or mobile money wallet.
With this, you have successfully sent money from Kenya to Togo in minutes.
Bitnob: The All-in-One App for You.
You can always do more on the Bitnob App aside from sending money across African countries. With the Virtual Card, you can shop on international websites without paying excessive charges. Also, you can easily renew your subscriptions on streaming sites and platforms.
From wherever you are, buying, selling, and auto-saving in Bitcoin is easier on the Bitnob App. Download the Bitnob app today to get started and live a hassle-free life filled with financial freedom.