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How to send money in/and out of Afghanistan

Save time and money when sending money to Afghanistan

Whether for business or personal reasons, if you need to send money to Afghanistan, you have the option of only a couple of providers. Afghan Afghanis are considered an exotic currency — which means it’s not a currency most forex providers deal in.

Popular Western Union and MoneyGram both have a presence in Afghanistan and can send a cash payment fast and efficient.

 

How do international money transfers work?

An international money transfer allows you to send money to a recipient overseas. Generally, a transfer involves you providing funds to a bank or an independent transfer provider, which then sends the money to your recipient in another country — in this case, Afghanistan. This can be done in person, over the phone, through a mobile app or online.

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Western Union

MoneyGram at Exchangerzone

Exchange rate

1 USD = 67.6757 AFN

1 USD = 68.06 AFN

Transfer fee

42 USD with a debit or credit card20 USD via bank account

31 with a debit or credit card15 USD via bank account

Transfer time

In minutes with a debit or credit card4 business days by bank account

10 minutes with a debit or credit card1-4 business days by bank account

Transfer options

Online, agent location

Online, agent location

Transfer method

Cash pickup

Cash pickup

Transaction total

$542 debit or credit card$520 bank account

$531 debit or credit card$515 bank account

Total AFN received

32,337.86 AFN

32,955.12 AFN

As you can see, with MoneyGram’s superior exchange rate he will receive a little over 600 more Afghan afghanis, and he will save on the transfer fee as well.

Steps to send money to Afghanistan

  1. Visit Exchangerzone branch . Provide your name, address, contact information and ID.
  2. Provide your beneficiary’s name and the agent location where they will pick up the funds.
  3. Select the amount of money you are sending and complete your transaction.
  4. Make a note of your tracking number so you can monitor the progress of your money transfer.

 

 

Source. www.finder.com


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