Send money to Botswana: Best money transfer services |

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Send money to Botswana

Compare fees and exchange rates to get the best deal on your next money transfer to Botswana.


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Whether for business or personal reasons, when sending money to Botswana, the options are limited. Botswana’s currency, called the pula, is considered an exotic currency, so it’s not one most forex providers deal in. Western Union and MoneyGram both have a presence in Botswana and can send cash payments quickly, but these transfers can be expensive. An online specialist like TransferWise could save you money with lower fees and stronger exchange rates.

Send money to Botswana with WorldRemit

WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.

  • No minimum transfers.
  • Wide range of destinations.
  • Competitive exchange rate.

Compare Money Transfer Services

Our interactive table lets you compare current fees, exchange rates, transfer speeds and other details about sending your money overseas. Enter the amount you’re transferring, and see how much will arrive at your destination.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
$1 Same day USD 0.00 10.929 BWP 54,643 XE has fast transfers with no fees and a range of foreign currency tools. Go to site Show details
$1 Within an hour USD 3.99 10.932 BWP 54,616 WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups. Go to site Show details
$1 1 - 2 days USD 94.50 10.978 BWP
TransferWise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
$1 3 - 5 days USD 20.00 10.703 BWP 53,303 Western Union sends money online to friends and family in 200+ countries around the world. Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Steps to send money to Botswana

  1. Register for an account with a provider, supplying your name, address, contact details, proof of ID and information about your selected payment method.
  2. Provide your recipient’s name and contact information.
  3. Choose the amount of money you want to transfer.
  4. Complete your transaction and save any reference number you receive so that you can review the progress of your transfer.

Banks vs. money transfer companies

While you’ll be tempted to visit your bank for a wire transfer to Botswana, a reputable money transfer service can typically offer better exchange rates, lower fees and faster delivery — often without you having to leave your home.

Banks don’t often publish exchange rates, but you can sometimes find the rate you’ll receive by logging in to your online bank account.Back to top

How much will I pay to send money to Botswana?

Quett Khama arrived in the US for work, and he managed to land a job with company in Silicon Valley. He found that he made enough money to send home to Botswana to help his aging parents. He figured he could afford to send around $2,000 every other month.

He compared two money transfer companies, and this is what he learned:

MoneyGramWestern Union
Exchange rate1 USD = 10 BWP1 USD = 9.50 BWP
Transfer fee$25$124.00
Transfer speed1-3 daysIn minutes
Transfer optionsBank transferCash pickup
Total ALL received
19,750 BWP17,822 BWP

MoneyGram is the clear winner in this comparison, even though the transfer will take more time. Not only is the exchange rate better with MoneyGram, but the $124 fee from Western Union is hard to swallow. Since Quett planned ahead, he has the time to save money on the slower transfer sending his parents $1,928 more pulas.

How do I compare money transfer companies?

You’ll want to consider costs, of course. But other factors can also affect your choice.

      • Exchange rates. Nearly all providers skew exchange rates for a profit. Compare the rate you’re offered to the mid-market rate — the rate banks and transfer services use when they trade among themselves — and look for the smallest margin between them.
      • Transfer fees. Find out whether the provider charges a flat fee or a percentage of your transfer. If you’re sending a large amount, ask whether you qualify for a fee-free transfer.
      • Payment and delivery options. Some transfer companies allow you to pay with a credit card online, by phone or through an app. Others offer agent locations for cash payments and pickups. Also ask how your recipient can receive your funds: bank account, cash pickup, mobile wallet and more.
      • Transfer speeds. If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pickups, often in minutes. If you have more time, you’ll get better rates and fees with an independent provider.
      • Transfer limits. Your best option might depend on how much you want to send. For large transfers, weigh the best exchange rate —especially since providers encourage large transfers by offering low fees. For smaller amounts, consider the fees you’ll pay on top of the exchange rate.
      • Flexible transfer options. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
      • Customer support. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.

Foreign exchange rates explained

The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weak currency. The exchange rate for the pula is flexible, which means it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

Today’s exchange rate for USD to BWP

What are the ways that I can send money to Botswana?

      • Bank transfers. Confirm whether your bank will allow you to send money to Botswana.
      • Money transfer providers. Providers like PayPal and XE can help you quickly and easily transfer your money online.
      • Providers with cash pickup. Western Union and MoneyGram allow you to send funds for cash pickup at agent locations.
      • Checks and money orders. Although not a quick option, you could send an international check overseas, obtained from your bank or US Postal Service.
      • PayPal.Electronic payment giant PayPal allows you to send money from the US to Botswana.

How safe is a money transfer?

When you use a reputable provider, your funds are safely tracked until in the hands of your recipient. There are federal protections in place that require banks, credit unions and money transfer companies to, for example, disclose all fees upfront and give you 30 minutes to cancel a transfer, assuming it hasn’t yet been picked up or deposited.

Emergency cash transfers in Botswana

You might need to send an emergency cash transfer to Botswana — for example, if a relative traveling through the country loses their wallet. When you need to transfer funds urgently, review the exchange rate and transfer fee that will apply to your transaction.

The fastest possible transfer will often be your most expensive option, so compare the details of your transaction before you commit.

Tips for picking up cash in Botswana

Whether picking up funds in Maun or anywhere else around the world, take a few simple safety precautions to prevent yourself becoming a target for thieves.

      • Call ahead. Learn the company’s business hours and choose a safe time to pick up your cash. Daylight hours are best.
      • Bring a friend. Carrying money when alone can be dangerous. Ask a friend to come along.
      • Deposit your money immediately. The likelihood of losing your money to theft or simple carelessness grows the longer you have it with you. Go straight to a bank and deposit your cash as soon as possible.
      • Keep your cash hidden. Place your money in your purse or wallet before leaving the office. Carrying cash out in the open could make you a target.
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