Best way to send money to Rwanda |

How to send money to Rwanda

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money.

Here’s how to send a quick, affordable and secure money transfer to Rwanda.

When you need to get money to a loved one overseas, the last thing you want to have to deal with is navigating a potentially complicated and expensive process. Sending money from the United States to Rwanda doesn’t have to be expensive. Compare the transfer fees and exchange rates of the many options available to you to get the most Rwandan francs for your dollar.
WorldRemit International Money Transfers

WorldRemit International Money Transfers

Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.

Your first transfer is free with the code FINDER.

  • Low upfront fees and exchange rates.
  • Easy to use with round-the-clock help.
  • Get cash to family and friends in minutes.

    Compare money transfer providers who service Rwanda

    I want to send


    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    USD 1 3 - 5 days - - 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

    How do international money transfers work?

    An international money transfer allows you to send money to a recipient overseas. Generally, a transfer involves you providing funds to a bank or an independent transfer provider, which then sends the money to your recipient in another country — in this case, Rwanda. This can be done in person or oftentimes online. You can use cash or transfer funds from your bank account, which will then either be deposited into your recipient’s bank account are made available as cash for them to pick up at a location in their country.

    Money transfer company comparisons for sending money to Rwanda

    Celia and her family immigrated to the U.S. from Rwanda in the early 1990s. She was a young girl at the time and finished her education in America, but has now been working for a couple of years. Now that she is earning money, she would like to send $1,000 back home to the remaining family members there. She has drawn up the table below to compare her options.

    Money transfer company AMoney transfer company B
    Exchange rate$1 USD = $549.672 RWF$1 USD = $520.324358 RWF
    Transfer fee$10 if transfer is under $10,000$25
    Amount of RWF received in Rwanda for $1,000 USD$549,671.54 RWF$520,324.36 RWF
    Transfer time2 to 4 days10 minutes
    Transfer optionsPhone, online account, mobile appPhone, online, agent location
    Difference in RWF+ 29,347.18 RWF– 29,347.18 RWF

    How to compare transfer companies when sending money to Rwanda

    When comparing your options, pay attention to these factors:

    • Exchange rates. How do each company’s exchange rates compare to the competition?
    • Fees. How much will you have to pay to send the transfer? Can you avoid a transfer fee if you send a larger amount?
    • Transfer methods. Can transfers be placed online, over the phone, by visiting a branch and/or by using a mobile app?
    • Transfer options. Can you lock in an ideal exchange rate now and transfer the money later, known as a forward contract? Does the institution offer limit orders, which allows you to take advantage of changing market conditions by executing the money transfer when a certain exchange rate is met? Can you schedule recurring payments, or does the company only provide one-off spot orders?
    • Turnaround time. Will the funds be available for your beneficiary in minutes, or will they take several working days to arrive?
    • Minimum transfer amount. What is the minimum transfer limit imposed by each company, and will this affect the size of your transfers?
    • Pickup methods. Can your beneficiary pick up the cash from their nearest transfer agent, or will the funds be deposited into their bank account?
    • Customer service. What sort of customer support is offered and during what hours can you receive assistance?.

    What are my options for sending money to Rwanda

    • Money transfer services. The following companies can be used for an international money transfer: MoneyGram, Western Union, World First Foreign Exchange and Xpress Money. Visit a Moneygram and Western Union agent location to see if they have agent locations that send as well as receive funds.
    • Banks. Citibank supports the RWF currency but does not have any listed branches in Rwanda itself. Visit a Citibank branch to find out how you can send or receive money to and from a bank account in the RWF currency.
    • Paypal. Visit local banks in Rwanda to confirm which ones support uploading or withdrawing of funds to and from PayPal.
    Back to top

    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. For example, in January 2018 the US dollar was worth approximately 859.14 Rwandan francs.

    However, most countries’ exchange rates are flexible, which means they can fluctuate with the market. Factors that influence the exchange rate include interest rates, economic stability and inflation.
    See today’s US dollar to RWF exchange rate

    How to send money to Rwanda through an independent transfer provider

    When sending funds to Rwanda, you’ll be asked to provide the following information:

    • Your name, address, contact information and valid photo ID.
    • Your beneficiary’s name, address and information, along with their bank account info if the funds will be deposited in their bank account.
    • How much money you’re sending, in what currency and which country you’re sending it to.
    • If you are not using cash for this transaction, you will need to provide your banking info in order to have funds drafted from your account.

    Once you have completed your transaction, you will be given a tracking number. Make a note of this number so you can monitor the progress of your money transfer.

    Emergency cash transfers are possible within minutes to Rwanda

    In the case of an emergency, you can send money to Rwanda through companies like Moneygram, Western Union and Xpress Money. Some of the agent locations are listed below.

    Tips for picking up cash in Rwanda

    When picking up cash in a foreign country, always have government-issued photo ID. Have the tracking or reference number handy.

    Travel in groups and avoid traveling at night. Like its neighboring country Burundi, Rwanda is prone to severe civil unrest. Crime and violence are currently at high rates, and public demonstrations should be avoided at all costs.Back to top

    Was this content helpful to you? No  Yes

    Ask an Expert

    You are about to post a question on

    • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
    • is a financial comparison and information service, not a bank or product provider
    • We cannot provide you with personal advice or recommendations
    • Your answer might already be waiting – check previous questions below to see if yours has already been asked

    Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our and .

    2 Responses

    1. Default Gravatar
      YunkungApril 19, 2017

      Can you transfer money from Cameroon to Rwanda using mtn mobile money?

      • finder Customer Care
        HaroldJuly 6, 2017Staff

        Hi Yunkung,

        Thank you for your inquiry.

        Yes there are lenders that offers money transfer services from Cameroon to Rwanda. Next, you can go to the section “Compare money transfer providers who service Rwanda” to compare the different offers. You can select your preferred money transfer company based on your personal requirements.

        I hope this information has helped.


    US International Money Transfers Offers

    Important Information*
    XE International Money Transfers

    With global payments provider XE, enjoy fast and secure transfers and a range of foreign currency tools and calculators, while benefiting from $0 transfer fees.

    WorldRemit International Money Transfers

    Use promo code FINDER to send your first transfer at no fee 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 100+ currencies.

    TransferWise International Money Transfers

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

    Go to site