Money transfers to Sierra Leone - finding you the best way to send your money cheaply, quickly and securely
Whatever your reasons for sending money to Sierra Leone and whatever the amount, www.sendmoneyhome.org can help. Over the past few years, we have compared all aspects of money transfers for Sierra Leonean communities living and working in the UK who send money to Sierra Leone. We continue to find you the lowest fees, the best exchange rate and the quickest service. We have been able to showcase what's on offer and compare side-by-side the different services available - making it easier for you to choose the different options and the most suitable service for your needs and the needs of those receiving the money. Simply enter the amount you wish to send and click SEARCH.
We are also starting to add and compare money transfer services available to Sierra Leonean communities living and working in other countries. Just use the drop-down list to select a different country you want to send from.
Did you find this information useful? If so, why not register, add to your favourites and receive the most up-to-date comparisons every time you visit this site.
| Click the image to download an information leallet about sending money to Sierra Leone |
|
| Organisation | Transfer type | Method | Fee | Exchange Rate Guide | Speed | Amount received for 100 | Account Needed | More Info | Send Now | Notes |
| Moneybookers | Online transfer from bank account or credit card | online | €0.50 | 1.2571 | 1-3 days | 125.08USD | Yes | |  | Online Trading Platform, FSA Authorised |
| Cashplus Prepaid Gold Mastercard | Prepaid MasterCard | branch, online | £3.00 | 1.4968 | 1-10 mins | 145.19USD | Yes | | | Additional card is 4.95. Sharing between cards is free |
| HBOS | Bank account to Bank account | branch, online, telephone | £14.00 | 1.4391 | 3-5 days | 123.76USD | Yes | |
People sending money to family and friends or invest into business/development projects in Sierra Leone stand to get a better deal with the launch today of a programme to boost transparency and competition among money transfer companies.
The DFID-backed ‘Send Money Home’ for Sierra Leoneans programme introduces a new consumer advice leaflet and a dedicated listing of money transfer services to Sierra Leone from the UK on the free, independent money transfer price comparison website www.sendmoneyhome.org to help Sierra Leoneans find the best deal for their needs. A detailed report has also been produced that addresses both sender end and recipient issues which encourage Sierra Leoneans in Diaspora to become stakeholders in their country’s own development.
The new leaflet and the www.sendmoneyhome.org website will enable consumers to search and compare the services provided by international payment companies highlighting transfer methods, costs, and speed of transfer.
The leaflet will be distributed through community outlets, Local Councils, Citizen Advice Bureaux, internet cafes and Sierra Leone Diaspora organisations, or can be downloaded from the Send Money Home website, or by phoning 0207 100 5655.
Emmanuel Addy, Director of Profile Business Intelligence, the company that created and manages the DIFD initiated Send Money Home programme, said:
“The Send Money Home project has proven to be an extremely valuable tool, providing essential information for those sending money to family or friends, and has been helping Diaspora communities throughout the UK for nearly three years.
We are delighted to provide information on the best way to send money home for the benefit of the Sierra Leonean Diaspora which, we hope, will stimulate competition amongst money transfer providers thus reducing the costs and encouraging them to deliver better products and services.”
People in the UK send an estimated £2.3 billion a year to families and communities in over 50 developing countries – a key source of overseas funds for many economies. Yet many find the process difficult and insecure.
The most revealing aspect of this project was a survey carried out amongst Sierra Leoneans living and working in the UK. The results of the survey enabled Profile Business Intelligence to estimate that as much as £39 million is sent to Sierra Leone from the UK each year.
Click here to download the report including full deatils of the project and its findings
