Sending money to family or friends in Gambia may seem like a difficult and costly process, but it doesn’t have to be. Money transfers from the Philippines to Brikama or anywhere else can be quick and affordable. Just compare the transfer fees and exchange rates of the options available to you to get the best deal.
How to compare transfer companies when sending money to Gambia?
Since there are numerous money transfer companies to choose from, it is important that you compare them across different parameters.
The monetary aspect. Some service providers lure customers by offering highly competitive exchange rates or fee-free services. This can be a problem if a high fee accompanies a seemingly favorable rate, or if you get an unfavourable rate while not paying any fees. A simple way to pick the more lucrative option is to compare how much money the recipient stands to receive.
Ways to send money. If your bank permits fund transfers to Gambia, you can start the process in person, online or over the phone. Some money transfer companies operate out of stores and kiosks that you can visit to send money in person. Most let you carry out online transfers and some let you initiate the process over the phone as well.
Ways to receive money. Some prominent money transfer companies that provide money transfer services to Gambia from the Philippines only offer cash pickup as an option. However, you can find some international money transfer companies that let you transfer funds directly into Gambian bank accounts.
Methods. If you wish to send money to Gambia regularly, you can benefit from working with a company that lets you schedule automatic transfers based on a frequency of your liking. This takes away the need to go through the entire process repeatedly. Some money transfer companies also offer forward contracts and market orders.
Turnaround time. If you’re sending money that the recipient will collect from a cash pickup location, the transfer can go through almost immediately. If you’re sending money to a Gambian bank account, money transfer companies can take one to three days to complete the process. Banks tend to take longer.
Minimum limit. Some money transfer companies have minimum limits in place.
Customer service. Customer service of a money transfer company can play an important role, especially if you plan to send money periodically. Ideally, you should be able to contact a company representative over the phone and via chat, not just via email.
The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it will yield more money when exchanging it in a country with a weak currency. Exchange rates are flexible, which means they can change from moment to moment based on influences like interest rates, economic stability and inflation.
Steps to send money to Gambia
Register for an account with a provider, supplying your name, address, contact details, proof of ID and information about your selected payment method.
Supply your recipient’s name, contact information and bank account details as required.
Enter the amount of your transfer and complete the transaction.
Keep track of any receipt you receive so you can monitor the progress of your transfer.
Ways to send money to Gambia from the Philippines
Bank transfers. Some major banks offer wire transfers to Gambia.
Money transfer providers. Online providers like TransferWise and WorldRemit can help you transfer money quickly and easily. OFX is a trusted partner of Finder PH and is offering Finder readers an exclusive deal.
Transfer companies with cash pickup. Providers like Western Union and MoneyGram offer this service — your recipient can sometimes pick up the cast within minutes.
PayPal. You can send money abroad using your PayPal account.
Whether you’re picking up cash in Gambia or any other country, 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.
Same-day transfers to Gambia
You might need to send an emergency cash transfer to Gambia— 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.
Adrienne Fuller is the head of publishing at Finder US. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.
Read more on this topic
Finder's Starbucks Index 2019Ever wondered how much a tall Starbucks latte costs around the world? And what does that say about the value of currency? Finder's Starbucks Index 2019 delves into the data to find out.
Send money to ChinaHow to send money to China from the Philippines, safely and affordably. Compare international money transfer services and save on exchange rates and fees.
How to send money to EgyptDue to its exotic nature, it will be difficult to find an agency or bank that is able to convert Philippine currency into Egyptian pounds. The US dollar and other major currencies are widely accepted in Egypt though, giving you the opportunity to send remittances to Egypt from the Philippines without delay.
How to send money to OmanHow to send money to Oman from the Philippines, safely and affordably. Compare international money transfer services and save on exchange rates and fees.
How to send money to BurundiCoffee exports is not the only transactional relationship to be had with the small landlocked country of Burundi in the middle of Africa, it can also receive money from the Philippines.
How likely would you be to recommend finder to a friend or colleague?
Very UnlikelyExtremely Likely
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.