Discover the best way to send money to Ivory Coast with Bitnob. Enjoy secure transfers with transparent fees at competitive rates.
Ivory Coast, also known as Côte d'Ivoire is one of the most commercial countries in Africa. In 2019, it was listed as one of the top 10 improvers in the ease of doing business category in Africa. While ease is very attractive to investors or any business owner who is looking to expand globally, making the decision to expand comes with building the right structures around it–remittance service inclusive.
According to recent data from The World Bank, Ivory Coast received $360,180,000 in personal remittances in 2022. This shows that remittances to Ivory Coast have been steadily increasing over the past few years, highlighting the importance of efficient cross-border payment solutions.
As the economy of Ivory Coast continues to grow, the need for a reliable remittance service provider becomes paramount. So, if you're looking for a secure, cost-effective, and convenient way to send money to Ivory Coast for personal or commercial reasons, look no further. In this article, we will delve into the process of sending money to the Ivory Coast with ease using Bitnob– Where users can easily send money to local bank accounts and mobile money wallets, unlike other remittance services.
5 Reasons Why You Should Send Money to Ivory Coast with Bitnob
You may be wondering why our solution differs from others you've used or heard about before reading this article. Here are five reasons to use Bitnob to send money from Ghana to Nigeria:
Accessibility and Convenience
Bitnob serves the unbanked and the underbanked, such that recipients can receive money in their Mobile money wallet, making it convenient to access the money being sent by their loved ones.
Competitive Exchange Rates
One of the key aspects of remittance is the exchange rate. Bitnob offers highly competitive rates, which means your money's value is maximized during the conversion process. By providing favorable exchange rates, ensuring that you get the most out of your hard-earned money.
Security and Safety Measures
Given the sensitive nature of financial transactions, security is a top priority. Bitnob employs robust encryption and safety protocols to safeguard your money and personal information.
Speed and Efficiency of Transactions
Time sensitivity often drives remittance decisions. Bitnob guarantees quick and efficient transactions and ensures that your loved ones in Ivory Coast receive the funds promptly.
Transparent Fee Structure
Bitnob is transparent with its fee structure, ensuring you know exactly how much you're paying for the transfer. There are no hidden charges or unpleasant surprises. When you send money through Bitnob, you can rest assured that your recipient will receive the intended amount without deductions.
How to Send Money to Ivory Coast with Bitnob
To send money to Togo using Bitnob, follow these simple steps:
- Sign up and create an account: Start by downloading Bitnob from the Appstore or Playstore
- 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”
- Fill out the amount you’d like to transfer, then tap on “Continue” Make sure the currency is set to Cote d'Ivoire [CFA ]
- Select the 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 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 send money easily for personal and commercial reasons.
Bitnob for Personal and Commercial Purposes
Traveling is one of Bitnob's use cases. If you regularly visit Ivory Coast or are planning a vacation there, you no longer need to be worried about how you will exchange money at the airport or other local money exchange platforms. Simply fund your USD wallet on the Bitnob app, and then use the transfer feature to pay for your cab trip, accommodation, even meals and lots more. .
Also, you might find an online store in Ivory Coast that has some things you like, but you live in Ghana or Nigeria. You can easily use Bitnob to make payments and have your item delivered.
See why you need to use Bitnob and take advantage of these opportunities. Download Bitnob now to get started.