You’re looking for a way to send money to Uganda. It may be a business transaction, a special occasion, or a simple humanitarian effort. You’ve undoubtedly thought of banks before, but the exorbitant fees, lengthy paperwork, and certain limitations have probably left you disappointed.
So, now you’re looking for a cheap and reliable money transfer company to help you send money to Uganda. You don’t need to look very far because we’ve narrowed the search to three top options. Let’s take a look at them.
InstaReM
In the last decade, InstaReM has managed to establish a broad customer base by supporting many currencies and offering sensible exchange rates. InstaReM’s flexibility and user-friendly operation allow customers to send money to Uganda in three days max.
However, a significant disadvantage of InstaReM is that you cannot use a digital wallet or credit card to make the transfer. Moreover, there’s no customer support during weekends or even after business hours, leaving you helpless in dealing with a delay or hangup. As the transfer volume increases, the fees grow exponentially as well.
Wise (Former TransferWise)
Reasonable fees and mid-market exchange rates have allowed Wise to consistently be in the top five remittance providers on the market. In addition, the multi-platform service allows Wise customers to send money to Uganda and many other countries.
However, sending money to Uganda will come with additional fees because Uganda is not a major destination. For every £1,000 that you transfer to Uganda, Wise takes £15 as a fee. Plus, it may take three to five days for the money to arrive in Uganda.
Lycaremit
In the last several years, Lycaremit has become a go-to name in the remittance industry. Major upsides of Lycaremit are the ultra-competitive, transparent fees and mid-level exchange rates. In terms of coverage, Lycaremit has the biggest presence in exotic countries such as Uganda, giving it the flexibility needed to make the transfer in two days max.
In addition to Lycaremit’s super-secure RSA 256-bit encryption, the 24/7 customer support allows you to get in touch anytime, any day, even during weekends/holidays.
Bottom Line
Hefty transfer fees, unfair rates, and lengthy paperwork have left many looking for more modern remittance services. However, some money transfer services charge hidden fees, offer non-competitive rates and take too long to send money to Uganda. Also, having 24/7 access to customer support has become a rarity in today’s market.
But, Lycaremit’s transparent, competitive fees, 24/7 customer support, and secure technology make it one of the cheapest ways to send money to Uganda. Hence, if that’s what you’re looking for, just register right away and let us take it from here.
