Making fund transfer to Guinea from UK is traditionally complicated, time consuming, and strenuous. Most banks demand a detailed documentation before approving such a transaction. This is where the virtual world of internet can make your life easier as a user. You can now send money to Guinea without having to spend much time and energy.
People are migrating to different parts of the world in search of better employment, education, and healthcare, accounting for a steady growth in the population of migrants. These migrants naturally need to send money back to their families. This is where online tools such as ATL Money Transfer can do wonders.
How to search for the right tool for money transfer to Guinea?
The demand for online money transfer platforms has triggered the introduction of multiple players in the market. While option is a good thing to have, this has also made it difficult for users to get hold of the one that suits them best. This is where search engines and social media can prove to be useful. Try searching for the easiest ways to send money to Guinea on popular search engines to get a readymade list of available applications.
How to select the one that suits you best?
Once you have a list of tools, try checking them for authenticity and credibility. User feedbacks on social media will help you in this regard. The next stage is to compare the tools on factors such as turnaround time, processing fees, and exchange rates on offer. With the comparative data in your hand, choosing your preferred money transfer tool shouldn’t be a problem.
How important is it to get the best rates for Guinea?
The exchange rate is probably one of the most important parameters to consider as it directly affects your money. The exchange rate varies with every single application and the slightest of difference would mean a lot of money for you. It is thus, strongly advised to look for applications that can give you the best rates for Guinea before going ahead with your fund transfer.
How secure is the transaction?
Most professional applications such as ATL Money Transfer have a dedicated team of experts who ensure the safety and security of every single transaction. These experts track and monitor every fund transfer individually.
How long is the documentation process?
Unlike financial institutions, these tools have a simple documentation procedure. You will need to submit the details of the beneficiary bank account along with your address and contact number to initiate the fund transfer. The tool will ask you to confirm the request, giving you a chance to alter the details. Once you validate the request, your fund transfer will be processed.
What are the licences that you must check?
Make sure the tool that you choose to use is certified by Financial Conduct Authority (FCA). This gives it the much-needed authenticity and credibility.
How much time does it take?
Ideally your entire transaction should be completed within two working days. However, the time taken depends on the application that you choose to use.
How does the processing fee affect decision making?
Similar to time of completion, the processing fee for the fund transfer also varies with different applications. While you should try to keep the fees as low as possible, it is a good idea to concentrate more on other factors.
Go for smaller transactions initially
Even when you are sure about the credibility and authenticity of a particular provider, it is a good idea to try smaller amounts at first. Only when you gain acceptable first-hand experience, you should look to transfer larger amounts back to your country of origin.
What if you face problems with your fund transfer?
Any credible application will have a customer support unit for such situations. Though highly unlikely but in case you do face any issues with the transaction, you can always get in touch with the support team. The policy of most brands is based on customer experience, ensuring optimal operational satisfaction for users.
Will you be able to track your funds?
You will be notified about the status of the transaction at different stages. However, you may also track the status real time on the website of applications such as ATL Money Transfer. In case your transfer request is declined at a later stage, your funds will be returned to your source account.
Wrapping it up
The population of migrants is steadily on the rise, thanks to globalization. This has also made international fund transaction a necessity that you can no longer avoid. Unfortunately, most banks still require a detailed documentation for such transactions, making it difficult for users. This is where online applications such as ATL Money Transfer can make you life easy. At the cost of a nominal processing fee, you will be able to send money to countries such as Guinea in no time. So, what are you waiting for? Try this application today for effortless international fund transfer.