How to Transfer Money to A Family Member?
What are the best ways of sending money to a family member and how can Dahabshiil App help you?
It has become common practice to take the hard decision of living away from home to earn for the ones you love. While the decision of not being with family is challenging, it is done with very good intentions. However, it does not make the time away easy. It is an open secret that life can be expensive. Whether it’s unexpected medical bills, housing costs, or simply everyday living expenses such as education or travel, there are a lot of ways that money can be tight. That’s why having a financial safety net for our loved ones is critical. One way to do this is by transferring money to a family member.
Whether it’s for help with bills, college tuition, or even just as a gift, there are a few different ways you can go about making the transfer. Supporting your family can be done in many ways. Therefore, financial support is one of the methods of showing your care, love and affection.
In this blog post, you will read about the different options for sending money to family abroad and help you decide which app is suitable for your particular situation.
Showing Support and Sending Money to Relatives Abroad
Getting a job abroad may mean being away from your loved ones, especially working hard to support them financially. However, sending money home to help your loved ones is one of the most rewarding things you can do. Not only does it show your family how much you care, but it also helps to improve their quality of life. When you send money to relatives abroad, it provides financial support and shows that you are willing to do whatever it takes to help your family. But it also means being able to provide them with the support they need.
While the internet has made it easier to keep in touch with loved ones far away, some things can only be accomplished by sending money. Whether sending a birthday present or helping out in an emergency, transferring money to family abroad is one way to show you care. Not only does it help to support your loved ones financially, and it can also be a way to connect with your heritage and culture. You are not alone.
For many people, sending money to family members is a top priority before buying something for themselves. You feel the same way, don’t you? Sending some money home can help improve your family’s well-being and provide for basic needs such as food, clothing and shelter. Additionally, it also ensures that children have access to education and healthcare. In some cases, sending money may even be towards a religious celebration.
Ways to Transfer Money to A Family Member
There are different ways to transfer money to a family member. Understanding the pros and cons of each method will help you narrow down the right choice.
Sending money to family was always a matter of convention. The first method of money transfer was the hawala money transfer system; the service allows for funds to exchange hands in different countries through an informal network of brokers that transfer these funds without touching the borders. This idea was the foundation of the current mobile transfer system in the region. Hawala networks had maintained an arms distance from high costs, taxation, and excise duties that come with the old banking system; the same holds today with mobile money.
However, there are many reasons why the hawala system is not recommended. It is illegal in a few countries and usually does not maintain transaction records, thus giving room for noncompliance with local law. It has also gained disrepute and has caused a rise in unaccounted money in the market.
Another option available to you while sending money to family abroad is to write a check. It is probably the easiest method since you can do it from the comfort of your own home without having to go through any third-party services.
However, it does have its drawbacks. For one thing, there’s always the chance that the check could get lost in the mail. Additionally, if you’re sending a large amount of money, it might be wise to opt for a more secure method so that you don’t have to worry about the check getting stolen from the mailbox.
The next option to transfer money to family members is to use a wire transfer service. It is a quick and easy way to send money, and you can usually do it without leaving your house since most banks offer this service online. However, there are fees associated with using these services, so keep that in mind when deciding whether or not this is the right option. Additionally, while wire transfers are generally considered pretty secure, there have been some instances of people losing money due to fraud. For money transfers between family members, it’s essential only to use reputable companies and double-check that you’re sending the money to the correct recipient before hitting the “send” button.
But wire transfer is typically used for more considerable sums of money and usually takes 1-2 days for the recipient to receive the funds. You’ll need the recipient’s address, name, and bank account number to do a wire transfer. You can typically initiate a wire transfer through your own bank’s website or mobile app to ensure the transfer of money between family members.
A proven way of sending money to family abroad safely and securely is through the Dahabshiil App.
Dahabshiil App: The Best Way to Transfer Money to A Family Member
The Dahabshiil App is the best way for money transfer between family members, which is why: It solves all the disadvantages of the other types of money transfer services such as Hawala and checks. The transfer is legal, authenticated and recorded for your review at any point in time. The funds are sent instantly, avoiding any discomfort and inconvenience. The transaction is secure, and there is complete transparency in the process.
Features of The Dahabshiil App
- The app allows you to send money to relatives abroad quickly and easily. The app is available in both English and Somali, and it is free to download, making sure that anyone can use the app at all times and does not require assistance from only those who know the English language.
- The app is secure and easy to use and offers competitive rates. Your personal and financial information is safeguarded, and you do not lose money while converting your funds into another currency.
- To facilitate quick and simple transfers while traveling, Dahabshiil provides an eWallet option. Wallets for digital currency are practical, particularly for mobile transfers.
- The mobile app offers an excellent free chat service. Contact your family and loved ones directly from the app and stay connected to your roots at all times.
You can be sure that your money will reach its destination fast and safely while using the Dahabshiil App.
How Does Dahabshiil App Work?
The Dahabshiil App is a convenient way to send money to family and friends domestically and abroad. Here’s how it works:
- Download the Dahabshiil App from the App Store or Google Play.
- Create an account and add your recipient’s information.
- Enter the amount you wish to send.
- Choose your payment method ( debit/credit card, bank transfer, etc.) and confirm the transaction.
- The handy summary gives you a clear breakdown of the transfer. Review the payment and submit it safely.
- Your intended receiver will get the money.
Additionally, you can develop an e-Wallet for lightning-fast transfers. The recipient can then use the money however they see fit, whether transferring it into their bank account or using it to make purchases online or in person.
Continue reading to know more about why Dahabshiil App is preferred and trusted.
Why Dahabshiil App?
Transferring money to a family member via the Dahabshiil App has many benefits.
The Dahabshiil App is a great way to send money to family and friends domestically and internationally. One of the best things about the app is the low fees – you’ll always get a great exchange rate, and you won’t have to pay any hidden charges. The transaction is also secure, so you can be assured that the funds will reach the recipient safely. And if you need to send money in a hurry, the Dahabshiil App is one of the fastest ways to do it. Robust compliance with the law has been the backbone of every translation.
So if you’re looking for a convenient, affordable, and fast way to send money, the Dahabshiil App is worth checking out. Whether you’re sending a few dollars to cover a relative’s lunch bill or an enormous sum to help with a significant purchase, the Dahabshiil App makes it easy to get your money where it needs to go – quickly, securely, and at a great exchange rate.
How Much Money Can You Transfer to A Family Member?
When sending money to family abroad, there are a few things to consider. The amount you wish to send depends on your earnings and your family’s needs. For smaller amounts, you can typically use a mobile payment app such as the Dahabshiil App or even a traditional bank transfer. First, you’ll need to make sure the recipient has a bank account that can accept the funds. You should have complete knowledge of the fees associated with the transfer process. The transfer of money between family members is relatively straightforward. Ensure thorough research well in advance to avoid any unexpected issues or fees.
The Importance of Money Transfer Services Such As The Dahabshiil App
Numerous global associations play a vital part in settlements during emergencies and for advancement. For instance, organizations like the United Nations, World Bank, Oxfam, and others frequently discuss the importance of money transfer services. They portray them as a lifesaver for many individuals, particularly those residing in rustic networks where other monetary administrations, like banks, don’t exist. Dahabshiil is a source of strength, especially in rural communities. Dahabshiil permits others to invest and generate jobs, contributing to the prosperity of the continent in addition to enabling Africa’s individuals to get by. Additionally, we donate 5% of our net income to charitable and neighbourhood improvement initiatives. Partnering with your specific intentions of supporting your family and loved ones back at home, Dahabshiil stays connected to the roots and culture at all times to create a wonderful, loving and safe environment.
Stay Connected. Stay Supportive.
In today’s world, staying connected with your loved ones is more critical than ever. With the Dahabshiil App, you can easily and quickly send money to family abroad or back home, no matter where you are. With just a few clicks, you can help support your loved ones and provide them with the financial assistance they need. Stay connected and keep your family, no matter where you are. Whether you’re sending money to help with day-to-day expenses or a special gift, the Dahabshiil App makes it easy to show your loved ones that you are always there for them.
So why not register today and show your support? With the Dahabshiil App, it’s easy to stay connected and make a difference in the lives of your loved ones.