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Although the United States has the world’s highest GDP, thousands of people still send money to the US from Kenya. This might be for personal reasons like school fees, sending money to a loved one, or business reasons like paying a client. Whatever your reason might be, you need a reliable, cheap, and secure way to send money to the US.
In this article, we will show you how to get the best rates, what you need before making a transfer, and a step-by-step guide on how to send money to the US from Kenya.
There are many available options and platforms for making this type of transfer. However, it’s important to review two important things - the exchange rate and required fees.
For exchange rates, you need to track how much Ksh you’ll get for 1 USD. This is because every money transfer service has its own exchange rate. So typically, you want to keep an eye out for a service that goes slightly above the mid-market rate. This way, you don’t lose a lot of Shillings during your conversion process.
Since you’ll be swapping Ksh for USD, you also need to be wary of services that charge hidden fees. Typically, you should see any required charges upfront and not after sending.
This is why we recommend making international money transfers with Grey. Asides from getting good rates which are always updated daily on the web app, there are no hidden or additional fees.
On Grey, you can use P2P also known as send with GreyTag. If your recipient has a Grey account, sending USD via their GreyTag, is the fastest and cheapest way to send money abroad.
This is because;
If you’re ready to make your money transfer to the United States, the only thing you need is their GreyTag. They can get this by visiting the profile section of their Grey account. Once you have this tag, here’s how to make your transfer;
They will receive the amount directly instantly in their Grey USD balance. On their end, they can also use this money to fund their Grey virtual card, which they can use to shop or make any international payments worldwide.
Grey is simplifying sending and receiving foreign payments for freelancers, remote workers and businesses. On Grey, you can open a foreign bank account and receive payments from over 80 countries. Get started for free here.
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