How to send money to Mozambique

Sending money from the US to Mozambique doesn’t have to be expensive. From bank transfers and online transactions to options that allow recipients to collect your funds within minutes, you’ll want to compare the transfer fees and exchange rates of the many options available to you to get the best deal.

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    Compare money transfer services to Mozambique

    Use our interactive table to compare transfer fees, exchange rates and other details for sending funds to Mozambique with our money transfer partners.

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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 Online Transfer Fee Rate Services Amount Received Description CTA Details
    USD 1 3 - 5 days - - Online, Phone, Bank Account to Bank Account, Cash Transfer No fees for bank account transfers and cash pickup at 240,000 locations in 130+ countries. Go to site Show details

    Compare up to 4 providers

    Case study: Comparing money transfer providers to send money to Mozambique

    Jonathan works in the gas and oil industry and has recently heard about niche opportunities in Mozambique. With potential in that country, he explores getting money there with his local bank accounts and through PayPal.

    He also compares money transfer specialists for sending money to bank accounts and for cash pickups in Mozambique. Here’s what he’d pay to transfer $1,000 to Mozambique metical with just two providers.

    Money Transfer Company AMoney Transfer Company B
    Exchange rate1 USD = 69.891 MZN1 USD = 71.1189
    Transfer fee$5$10
    Transfer speed
    2 to 4 business daysWithin 2 business days
    Transfer optionsBank account transferBank account transfer
    Total MZN received69,891 MZN71,119 MZN

    Jonathan discovers that many elements go into what a business partner will receive. But with Money Transfer Service B, he can get more money to his partners faster.

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    How do compare your options when sending money to Mozambique

    • Exchange rates. The USD > MZN exchange rate has weakened with recent dips due to political unrest that affected the economy. 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.
    • Transfer speed. If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pickups, often in minutes. If you’ve more time, you’ll get better rates and fees with an independent provider.
    • “Hedging” options. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
    • 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.
    • Customer service. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.
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    How can you send money to Mozambique from Australia?

    • Bank transfers. Your major US banks may allow you to wire money to banks in Mozambique.
    • Money transfer providers. It’s simple and convenient to send an online money transfer to Mozambique from the comfort of your home.
    • Providers with cash pickup. Companies like Western Union and MoneyGram offer the option of cash pickups from thousands of agent locations across Mozambique.
    • M-Pesa. M-Pesa is a safe, secure way to send, receive and store money through your mobile phone or an app. Top up your account at one of more than 287,000 agent locations and then send money to loved ones, who can visit an agent to withdraw their funds.
    • PayPal. Electronic payment giant PayPal allows you to send money from the US to Mozambique.
    • Checks and money orders. Although not a quick option, you could send an international check overseas, obtained from your bank or US Postal Service.
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    Emergency cash transfers to Mozambique are possible

    You might need to send an emergency cash transfer to Mozambique — for example, if a friend traveling through the country loses their wallet. When you need to transfer funds urgently, your fastest possible transfer will often be your most expensive option. Carefully review the exchange rate and transfer fee against your needs so that you understand exactly how much it will cost you.

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    Find a money transfer location near you

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    Global tips for picking up cash in Mozambique

    Whether picking up funds in Mozambique 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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