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With MTN Mobile Money International Transfer, you can send money abroad to over 200 countries worldwide, including major destinations like the United States, Canada, and the United Kingdom.
The transfer process is straightforward and can be completed in just a few steps, making it a convenient option for those who need to send money internationally.
MTN Mobile Money International Transfer offers competitive exchange rates and low transfer fees, ensuring that your recipients receive the full amount you intend to send.
You can transfer as little as $1, making it accessible for small transactions, and the funds are usually available to the recipient within minutes.
Related reading: How to Get a Loan on Mtn Mobile Money Uganda
How to Send Money Abroad
Sending money abroad with MTN Mobile Money is a straightforward process. You'll need to have sufficient funds in your account, so make sure to check your balance before proceeding.
To initiate the transfer, open the MTN Mobile Money app and select "International Money Transfer" from the main menu. This option is usually clearly labeled, making it easy to find.
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Choose the recipient country from the dropdown menu, and enter the recipient's full name, phone number, and the amount you want to send. Double-check all information for accuracy to avoid delays or errors.
The app will display a summary of the transaction, including the fees and the exchange rate. Carefully review all details before confirming the transfer.
To confirm the transfer, enter your MTN Mobile Money PIN. This will authorize the transaction and ensure the funds are sent successfully.
Here's a step-by-step guide to sending money internationally via MTN Mobile Money:
- Open the MTN Mobile Money app
- Select "International Money Transfer"
- Choose the recipient country
- Enter recipient details
- Review and confirm
- Enter your PIN
Supported Services
MTN Mobile Money has partnered with numerous international money transfer services, including WorldRemit and Western Union, to let users overseas send money directly to their MTN Mobile Money wallet.
These services are available in various countries, and you can check the MTN Mobile Money website for your country to see a list of supported options and choose the one that suits you best.
Western Union is a key partner, with 386,000 agent locations in 200 countries and territories worldwide, making it a convenient option for sending and receiving international money transfers.
The service will let MTN subscribers send and receive Western Union Money Transfer transactions using their MTN MobileMoney accounts.
In Uganda, where MTN's MobileMoney service already boasts over 1 million registered users, the service will first be introduced, taking advantage of the country's robust remittance market, where nearly US$500 million in remittances are received every year, making up 3 percent of the country's GDP.
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Transfer Details
To transfer money internationally with Mtn Mobile Money, you'll need to have a registered Mtn Mobile Money account and a valid mobile phone number.
The minimum transfer amount is $1, and the maximum is $10,000.
You can transfer money to any of the supported countries, which include South Africa, Kenya, Uganda, and more.
The transfer fee is 2.5% of the transfer amount, plus a small processing fee.
The transfer usually takes 2-3 business days to process, but can be faster depending on the recipient's country.
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What You Need to Know
Remitly uses two-factor verification to ensure safe logins and secure transactions.
You can also turn on SMS/text notifications to keep an eye on your transfer. This way, you'll be alerted to any activity on your account.
If anything goes wrong while sending funds, you'll get your money back. This gives you peace of mind and financial security.
Fees and Exchange Rates
Fees and Exchange Rates are crucial to understand when sending money internationally via MTN Mobile Money. The fees vary based on the amount transferred, the destination country, and potentially the payment method used.
The exchange rate used for the conversion will be determined by MTN at the time of the transfer. It's essential to check the fee structure and exchange rate before initiating a transfer.
You can usually find these details clearly displayed in the app before you confirm the transaction. This way, you can understand the total cost of the transfer.
MTN Mobile Money charges fees for international transfers, and it's your responsibility to review them carefully.
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What Is?
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MTN Mobile Money is a mobile financial service offered by MTN, a frontline communication provider in several African and Middle Eastern countries.
It lets users perform various financial transactions, including sending money to friends and family, paying bills, buying airtime, and more, directly from the comfort of your mobile phone.
You can use MTN Mobile Money to send money to anyone with a mobile phone, as long as they have an account with MTN.
International Safety
You can trust Remitly to keep your transactions safe. Remitly uses two-factor verification to ensure secure logins.
Millions of users worldwide trust Remitly because of its safe and secure features. This is a testament to Remitly's commitment to protecting its users' data.
If anything goes wrong while sending funds, you'll get your money back. This refund guarantee gives you peace of mind when using Remitly.
You can also turn on SMS/text notifications to keep an eye on your transfer. This feature helps you stay informed about the status of your transaction.
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Gram
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MoneyGram is a popular option for receiving international transfers in some countries.
In select nations, such as Cameroon, you can receive international transfers via MoneyGram through a partnership with MTN.
MTN has partnered with MoneyGram in these countries to provide this service.
Frequently Asked Questions
Is MTN Mobile money available in USA?
MTN Mobile Money is not directly available in the USA, but it can be accessed through partnerships with international money transfer companies. You can still send money to Ghana using US dollars, which will be deposited into an MTN Mobile Money account.
Can I send MTN mobile money from Ghana to Nigeria?
Unfortunately, MTN mobile money is not supported for international transfers between Ghana and Nigeria. However, MoMo customers can use International Transfers to send and receive money across Africa, including to Nigeria.
Sources
- https://crumbuns.ca/contentai/mtn-mobile-money-international-transfer1
- https://www.linkedin.com/pulse/mobile-money-transfers-everything-you-need-know-efang-brandon-jnnke
- https://www.retaildive.com/ex/mobilecommercedaily/western-union-mtn-introduce-cross-border-mobile-money-transfer-in-21-countries
- https://blog.remitly.com/money-transfer/how-to-send-safely-mtn-mobile-money-accounts-ghana/
- https://via.tt.se/pressmeddelande/3282493/lonestar-cell-mtn-mobile-money-launches-international-remittances-with-worldremit
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