Bitnob | Transforming Global Financial Pathways

There is a wish in the subconscious of every globally inclined individual– the ability to easily send money from one country to another. Over the years, most of us have witnessed or even experienced the hassle involved in remittance, especially between African countries. Isn’t it even appalling how making intra-Africa transactions has originally been daunting and expensive? I mean, we are “neighbors”.

During the Africa Bitcoin Conference in 2022, the CEO of Bitnob mentioned that over $5 billion of the sweat of African countries goes into remittance yearly–Senegal inclusive. However, this article is particularly geared toward the easiest and most cost-effective way to send money to Senegal from Nigeria.

Whether you need to support a loved one, send money to wholesalers, or even donate to a cause in Senegal, we will discuss in this article, how you can conveniently do that from the comfort of your home.

Bitnob: The Easiest Way to Send Money to Senegal

The limited banking infrastructure in Senegal and Nigeria can make traditional methods of sending money slow and complex. Besides, high transfer fees and hidden charges imposed by banks can significantly reduce the amount received by the recipient. Let’s also point out that reliance on outdated transfer methods can result in delays, making it impossible to meet urgent financial needs.

However, Bitnob stays clear of these challenges by using the lightning infrastructure to facilitate cross-border payments between African countries, making money transfers faster and more affordable than traditional financial institutions. Bitnob's user-friendly platform provides affordable rates and dependable remittance solutions, allowing individuals and businesses to send money to Senegal and other countries.

How to Send Money to Senegal from Nigeria Using Bitnob

To send money to Senegal using Bitnob follow these simple steps:

Verify your account and complete your KYC: This step ensures compliance with international standards and enhances the security of your transactions. Therefore, you need to verify your identity and provide supporting documents, and your account gets verified within 48hrs.

After Verification, account funding follows: This is the part where you deposit the money you want to send into your Bitnob account
On the Quick Links section of the homepage of Bitnob, tap on “Transfer”
Tap on “Transfer to Bank or Momo”

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Fill out the amount you’d like to transfer, then tap on “Continue” Make sure the currency is set to Senegalese CFA
Select Orange Money Senegal as the provider and fill out the details of the account you want to send money. If this person would be someone you intend to send money to often, tap “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.

Moreover, Bitnob allows users to send money between 7 other African countries, helping individuals and businesses to send money for personal and commercial reasons easily.

It’s More than Just Sending Money.

Do you love to be involved in philanthropy? Rendering financial help to the citizens of Senegal will go a long way as Senegal is currently in a sensitive state – reported by CNBC. You can use the Bitnob app to donate to this worthy cause in Senegal.

The goal at Bitnob is to make living in Africa easy for every individual by interconnecting lifestyle with finance and closing the gap of financial impossibilities. For example, since the ban on Naira cards for International payments, users have been able to create virtual dollar cards to make payments on different online platforms.

On Bitnob, you can also buy gift cards, pay for utilities, and top up your airtime and data. You don't want to miss out on these and many other things. Download Bitnob here to get started today.