Best answer: How do I receive money from WorldRemit Uganda?

Is WorldRemit available in Uganda?

With WorldRemit, it’s easy to send money to family and friends’ Airtel Money accounts in Uganda from more than 50 countries around the world. Our online transfers are fast, secure and your recipient will be able to access funds usually within 2-4 hours.

Which banks use WorldRemit in Uganda?

Do it the fast, simple and secure way with WorldRemit. Using a laptop, smartphone or tablet you can send to accounts with Barclays, Standard Chartered, DFCU Bank, Stanbic Bank and Centenary Bank in Uganda. Transfers to all banks arrive within 1 working day.

How can I receive money through WorldRemit?

How to receive a cash pickup transfer in Nigeria

  1. Ensure your sender uses your name as it appears on your ID and Bank Verification Number.
  2. Both you and your sender will receive a WorldRemit reference number and PIN after your sender completes the transaction on the WorldRemit app or website.
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How long does it take WorldRemit to credit an account in Uganda?

When will funds be credited to bank accounts in Uganda? Usually within 1 working day. However, the processing time may vary in some cases where additional documentation is required from your beneficiary. In any case we will notify you and your recipient by email and SMS when funds are credited.

How long does it take to receive money using WorldRemit?

How long will it take for the money to arrive? In most cases, transfers sent using WorldRemit arrive within minutes. You will see the expected delivery time before you make payment. We aim to complete transfers within the suggested time, but some transfers may take longer depending on how the money is being received.

Can I receive money on Paypal in Uganda?

For freelance developers or those that wish to make money online, Paypal is one of the preferred modes of payment apart from Visa credit and debit cards. There’s one problem though — you can’t receive Paypal payments in Uganda and in most African countries except Nigeria and South Africa.

How long does it take to transfer money between banks in Uganda?

Electronic Funds Transfer; EFT is a system of transferring money from one bank account directly to another through the local clearing house. It is used for both credit transfers, such as payroll payments, and for debit transfers, such as mortgage payments and takes about 24 hours to reach the recipient.

What is the best company to transfer money internationally?

Best Ways to Send Money Internationally

  1. 5 Best Ways to Send Money Internationally. Wise. …
  2. Wise. Best for: Cheap Costs, great web experience. …
  3. OFX. Best for: Cheap costs. …
  4. Xoom. Best for: fast delivery, great web experience. …
  5. MoneyGram. best for: fast delivery, in-person transfers. …
  6. Western Union.
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How long does money transfer from bank to bank take?

Transfers typically happen quickly. Generally, domestic bank wires are completed in three days, at most. If transfers occur between accounts at the same financial institution, they can take less than 24 hours. Wire transfers via a non-bank money transfer service may happen within minutes.

What’s the limit on WorldRemit?

You can send a maximum of $9,000 in 24 hours and $5,000 per transaction for debit, credit, or prepaid cards. You can submit a maximum of $9,000 in Apple Pay payments within 24 hours and send a maximum of $300 per transaction. WorldRemit lists all fees and exchange rates before you execute each transaction.

What information do I need to receive money from overseas?

In order to receive money from overseas, you’ll need to provide specific details about your bank, including:

  1. Bank account number.
  2. BIC/Swift Code — you can this from your bank.
  3. Bank State Branch (BSB)
  4. Full name.
  5. Street address.

How do you get WorldRemit wallet?

The Wallet is designed to keep our customers and their money safe, and it’s completely free to download.

  1. Go to Google Play or the App Store and download the WorldRemit app.
  2. Sign up with your email address and create your password and PIN code.

How many times can you send money on WorldRemit a day?

A maximum of GHS 2,400 per transfer. A maximum of GHS 8,000 per 30 days.

How much is mobile money tax in Uganda?

According to the tax proposals contained in the Excise Duty (Amendment) Act 2018, “A tax of 1% of the value of the transaction will apply on mobile money transactions on receiving money, making payments and withdrawals of money”.

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