Learn how to send money home for Christmas with our step-by-step guide. Have seamless transfers and celebrate the season, connected.
The holiday season is synonymous with joy, generosity, and the spirit of giving. While physical gifts wrapped in festive paper are a traditional way to express affection, sending money for Christmas can be a thoughtful and practical alternative. In so many countries, this is an unarguable tradition that its beginning can’t be traced.
However, before allocating funds to your loved ones at home. It is important to set a practical budget that aligns with your financial capacity. This clarity prevents overspending and allows for a well-thought-out contribution to your loved ones.
Whether you live overseas or within the African continent, while your loved ones live in another African country, we will dive into how you can send money to your loved one at home for Christmas using Bitnob. Let’s roll!
How to Send Money Across Africa for Christmas with Bitnob
This is ideal for those with loved ones residing in different African countries – like Nigeria and Ghana. If you're aiming for stress-free monetary gifts this season, look no further than a solution that's reliable, fast, and cost-effective. The Bitnob app is your ultimate go-to, supporting direct transfers to 8 African countries, including Nigeria, Ghana, Kenya, Togo, Rwanda, Senegal, Ivory Coast, and Benin Republic.
With Bitnob, sending money becomes a breeze. Whether it's to someone's bank account or mobile money wallet in the supported countries, the process is simple and efficient. Importantly, the recipient doesn't necessarily need to have a Bitnob account. All you require are their bank or mobile money details, and with just a few taps, they'll receive the money hassle-free.
Here are the straightforward steps to use Bitnob for seamless money transfers across Africa this Christmas:
- Tap on the “Transfer” button on the Quick Links section of the homepage
- Tap on “Transfer to Bank or Momo”
- Tap on “Change currency” to select the country of the account or mobile money wallet you want to transfer money to
- Fill out the amount you’d like to transfer, then tap on “Continue”
- Select the account or mobile money provider and fill out the details of the account you want to send money to. If this person would be someone you intend to send money often, then tap on “Save as beneficiary” to make the person a beneficiary.
- Tap on “Proceed to Transaction Note” to add a note on the transaction
- Review the transaction summary and then tap on “Proceed” to initiate payment to the account or mobile money wallet.
Voila! Sending money has never been this easy and seamless.
How to Send Money to African Countries from Overseas
This section describes the three different methods you can use to send money back home if you are abroad. In all 2 cases, Bitnob serves as a solution that is advantageous to your loved ones back home
Send USD using Strike
Diverging from conventional banking methods, this money transfer approach offers a unique alternative. If your family resides in Nigeria, Kenya, or Ghana, you can effortlessly send funds from the United States by leveraging the Strike app.
The recipient, in this case, will receive the money directly into their Bitnob app. This implies that your loved ones should have a Bitnob account to facilitate the smooth receiving of funds.
Country | Account Destination | Information required |
Ghana | Bitnob account |
|
Mobile Money (Momo) account |
| |
Kenya | Bitnob account |
|
Mobile Money (M-PESA / AirtelMoney / TKASH) account
|
| |
Nigeria | Bitnob account |
|
|
Once the funds have been successfully received into their Bitnob wallet, recipients have the flexibility to choose how they wish to access their money. They can opt to withdraw it into their local bank account or transfer it to their Momo wallet, providing them with convenient options for managing the received funds.
Send Stablecoins [USDT and USDC]
First of all, what are Stablecoins? Stablecoins are digital currencies pegged to a stable asset, such as a traditional currency, a commodity like gold, or a combination of assets. This pegging helps maintain their value at a more constant level. For example, a stablecoin pegged to the US Dollar will aim to always be worth around $1.
The advantage of this option is that cross-border transactions are not limited to the United States, you can be anywhere in the world and leverage Stablecoins to send money to your loved ones in Africa. However, this method requires an active two-way transaction.
On the Bitnob app, the recipient initiates the process by providing you with a USDT or USDC address from the TRC20 Network [TRON]. As the sender, your role involves copying and pasting the provided address on the same TRC20 Network [TRON] using another Stablecoins-enabled app. Through this method, you can seamlessly transfer funds into the recipient's Bitnob wallet.
Upon successful receipt of the funds, the recipient has the flexibility to choose how they want to access the money. Options include withdrawing it into their local bank account or transferring it to their Momo wallet, providing them with convenient alternatives for managing their finances.
Send Money Home This Christmas with Ease!
Despite geographical boundaries, it is possible to share moments across borders. Whether you're sending money from abroad or within the same continent, Bitnob makes it easy to send money home for Christmas.
If you find this helpful, download the Bitnob app and encourage your loved ones to do the same.