Send Money to Lesotho Cheaply

Information verified correct on February 21st, 2017

Lesotho

Enjoy safe, secure and affordable transactions when you need to send money to Lesotho.

Completely surrounded by South Africa, the landlocked country of Lesotho covers just 11,500 square miles. The country gained its independence from Great Britain in 1966, and the United States was one of the first countries to establish an embassy in Maseru (the capital) following that time. The US and Lesotho have enjoyed positive and friendly relations ever since, with the US providing humanitarian aid and assistance in the ensuing decades.

There are plenty of options to choose from if you need to send money to Lesotho, including banks and specialist money transfer companies. You just need to shop around to find the best deal.

Compare international money transfers to Lesotho

Rates last updated February 21st, 2017

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Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

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Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
Wyre International Money Transfers
No transfer fees for finder... No transfer fees for finder.com readers. Make transfers with Bitcoin.
OnlinePhone
Rates are always
changing, click to check
your price today
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World First Foreign Exchange
Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.
USD 500 1 day
Online
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changing, click to check
your price today
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WorldRemit International Money Transfers
Fast... Fast, low-cost transfers to 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.
USD 1 Within an hour
OnlineCash Transfer
Rates are always
changing, click to check
your price today
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TransferWise International Money Transfers
Enjoy high maximum transfers into ... Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.
USD 1 1 day
Online
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changing, click to check
your price today
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OFX International Money Transfers
Send safe... Send safe, no-limit transfers with no fees and competitive exchange rates.
USD 150 1 day
Online
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changing, click to check
your price today
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Payoneer International Money Transfers
Ideal for worldwide business payments ... Ideal for worldwide business payments to more than 200 countries and 150 currencies.
USD 20
Online
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changing, click to check
your price today
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RIA Money Transfer
No fees for bank account ... No fees for bank account transfers and cash pickup at 240,000 locations in 130+ countries.
3 - 5 days
Online
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changing, click to check
your price today
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HiFX International Money Transfers
Transfer money into 20 currencies ... Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.
USD 100 2 days
Online
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changing, click to check
your price today
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Moneycorp Exchange Experts
Full-service specialist offering competitive exchange ... Full-service specialist offering competitive exchange rates on personal international money transfers.
USD 50 1 day
OnlinePhone
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changing, click to check
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TorFX International Money Transfers
No hidden fees and a ... No hidden fees and a best rate guarantee for 60 global currencies.
USD 150 1 day
OnlinePhoneAgent
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Wells Fargo Bank
While more expensive than other ... While more expensive than other options, securely send money to 13 Latin American and Asian countries.
USD 1 1 day
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Banks versus money transfer services

If you’re thinking about sending money to Lesotho via your bank, think again. Sure, your bank can easily send international wire transfers all around the world, but you’ll have to pay a high transfer fee (usually from $25 to $75) for the privilege. Banks also offer dismal exchange rates on international transfers, so you can usually do your hip pocket a big favour if you consider a specialist money transfer company.

These companies don’t spread themselves across a wide range of products and services like the banks; they specialise in sending money internationally and can therefore offer far superior exchange rates. They also charge lower transfer fees and offer secure transfers, allowing you and your beneficiary to enjoy a better financial deal.

Case Study: Blessing Sends Money to Lesotho

Blessing is spending two years studying and working in the United States, and she wants to send part of the money she has saved back home to her parents in Lesotho. But when she sees that the low exchange rate offered by her bank will eat a big chunk out of her $1,000 transfer, she approaches two money transfer companies to see if they can offer a cheaper transfer.

Money transfer company 1Money transfer company 2
Exchange rate1 USD = 13.28 LSL1 USD = 13.17 LSL
Transfer fee$16$25
Transfer methodCash pickupCash pickup
Processing time10 minutes1 hour
Amount received (in LSL)13,280 LSL13,170 LSL

As you can see, Blessing can send an extra 110 Lesotho Loti and also save USD $ 9 in transfer fees by using the first company to handle her transfer.

How to compare transfer companies when transferring money to Lesotho

  • Exchange rates. How does a company’s exchange rate compare to the rate offered by other transfer providers? Does the rate come with a high transfer fee attached?
  • Fees. How big a fee will you have to pay each time you send a transfer? Can you avoid fees altogether by transferring a large amount, for example $5,000?
  • Transfer methods. Can you use a mobile app to place transfers? Does the company provide branch locations close to you? Can you place transfers online or over the phone?
  • Transfer options. Can you only place one-off transfers or are there more flexible options available to help you save money or time?
  • Turnaround time. From the time you pay for your transaction, how long will it take for your funds to arrive in your recipient’s wallet or bank account?
  • Minimum transfer amount. Will you need to exceed a minimum transfer limit for each transaction and will it be convenient for you to do so?
  • Pickup methods. How can your beneficiary access the funds you send: from their bank account or by picking up cash from a transfer agent?
  • Customer service. Can you rely on phone and/or email support if you have a query about a transaction? Is there an online help centre?
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How to send money to Lesotho from America

  • Bank transfers. Transfers between banks are a secure but expensive transfer method.
  • Online money transfer providers. Companies like TransferMate offer online transfers to Lesotho.
  • Money transfer companies with cash pickup options. MoneyGram and Western Union offer transfers to agent locations throughout Lesotho.
  • Checks. Check with your bank to find out how much it will cost and how long it will take to send an international check.
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Emergency cash transfers in Lesotho

If you need to send an urgent transfer to Lesotho — maybe you need to help out a friend who is travelling through Lesotho and has had their wallet stolen — you shouldn’t have any trouble finding a company that can send secure, instant (or thereabouts) transfers. A word of warning, though: these emergency transfers do cost more than regular ones, with high fees and low exchange rates both common features. Take a few moments to check all the details of your transfer and calculate exactly how much it will cost you before you part with your cash.

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Tips for picking up cash in Lesotho

  • Confirm the transfer agent’s address before visiting
  • Only visit an agent in an area that is safe
  • Visit a transfer agent in daylight hours if possible
  • Ask someone to accompany you to provide added security
  • Don’t display your cash in public and don’t carry large sums around for long
  • Deposit the funds in your bank account or in a safe place ASAP
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How to send money to Lesotho

Regardless which company you choose to handle your transfer, you’ll need to provide certain details before you can send funds anywhere. These include:

  • Your name, address and contact information
  • A valid form of photo ID, such as your driver’s license or passport
  • The name and contact details of your beneficiary
  • Where you wish to send your transfer
  • The amount of money you wish to transfer and the currency in which it will be sent

Once you’ve supplied all the relevant details you can pay for your transfer. You will then receive a transaction reference number which you can use to check up on the progress of your funds.

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US International Money Transfers Offers

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HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

Fast, low-cost transfers to 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

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