- Use promo code 3FREE to get three free transfers
- Easy to use with round-the-clock help
- Get cash to family and friends in minutes
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 Kingdom to Samoa doesn’t have to be expensive. Compare the transfer fees and exchange rates of the many options available to you to get the most Samoan talas for your money.From bank transfers and online transactions to options that allow recipients to collect your funds within minutes, it’s easy to send money to Samoa. However, do your research and shop around for the best available deal.
All major UK banks offer international wire transfers as part of their suite of financial products and services, but disappointing exchange rates and high fees are the norm.
You can find a much more affordable money transfer solution if you use a dedicated transfer company. These companies, such as WorldRemit, specialize in moving funds across international borders and offering better exchange rates and lower fees for doing so. Transfers are safe and convenient and, if you choose the right provider, you can save yourself some money.
George is living and working in London for a few years in an effort to save up a deposit to buy a house back home in Samoa. He wants to find the most affordable way to send money to his family in Samoa, and rather than use his bank, he decides to look for a money transfer company. He compares the fees and features offered by two companies when he sends £500 to Samoa.
|Money transfer company 1||Money transfer company 2|
|Exchange rate||$1 USD = $3.036 WST||$1 USD = $3.083 WST|
|Transfer method||Cash pickup||Mobile wallet transfer|
|Processing time||10 minutes||10 minutes|
|Amount received (in WST)||$1,518||$1,541.50|
As you can see, George can send an extra $23.50 WST and save £5 in transfer fees if he sends his money with the second company.
When comparing your options, pay attention to these factors:
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. For example, in December 2016, the pound was worth approximately 26 Mexican pesos. However, most countries’ exchange rates are flexible, which means it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.
When sending funds to Samoa, you’ll be asked to provide the following information:
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.
There are certain situations when you might need to send a transfer as quickly as possible. When you do need to send an emergency transfer, remember that you will usually have to pay extra in order to get your funds to your beneficiary ASAP. Make sure to check the exchange rate and fees that apply so you know exactly how much it will cost.Back to top
Picking up cash from a transfer agent in Samoa? Here’s how you can stay safe:
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