Perform your transactions safely and efficiently with the TRANSFERGRATIS app.
In today’s interconnected world, international money transfers have become essential for individuals and businesses.
TRANSFERGRATIS provides a safe, convenient, and cost-effective way to send and receive money from Canada to several countries in Africa.
To make the most of money transfers with TRANSFERGRATIS, effectively managing your transactions is crucial. This article offers a comprehensive guide of practical tips to help you optimize your transfers, save money, and ensure the security of your funds.
By following the advice outlined in this article, you can streamline your money transfers, make them more cost-effective, and ensure peace of mind in your financial transactions.
1 - USING TRANSFERGRATIS FOR YOUR TRANSACTIONS
The first tip is to use TRANSFERGRATIS for your transactions, whether through the mobile application available on the Apple Store and Play Store or directly from the website https://transfergratis.com/. In either case, you’ll find it convenient.
Simply download the application, register by entering your details and following the instructions, or for a quicker process, sign up directly on our website.
You can manage your transfers effortlessly from the comfort of your home, your train seat, your beauty salon, or even from your friend’s wedding ceremony—all you need is a computer or smartphone.
Our user-friendly mobile app allows you to perform transactions anywhere, anytime from Canada.
2 - VERIFY YOUR RECIPIENT'S COUNTRY
The second tip is to verify and ensure that your recipient’s country is included in the list of eligible countries. This list is available on the app and website and is continuously updated as new countries join.
It’s important to check this list before each new transaction.
TRANSFERGRATIS allows you to send money from Canada to Cameroon, Ethiopia, Benin, Burkina Faso, Ivory Coast, and Togo.
3 - CHECK THE EXCHANGE RATE
The exchange rate refers to the value of a national currency or currency in relation to that of another country. It represents the amount of foreign currency that can be obtained with one unit of another currency.
The exchange rate can be:
Fixed or constant: The exchange rate is determined by the state or central bank issuing the currency relative to a reference currency, usually the dollar. It can only be changed by a decision to devalue or revalue to combat speculation.
Floating or variable: It is determined by the supply and demand of these currencies on the foreign exchange market (Forex), which is the global interbank market for currencies. Since 1973, this system has been adopted for most currencies. Exchange rates fluctuate continuously, especially based on anticipated interest rates, inflation rates for each country, and purchasing power parity.
The exchange rate plays a crucial role in international money transfers. It can significantly impact the amount of money received by the recipient. Therefore, it’s essential to check the exchange rate before making the transfer.
TRANSFERGRATIS always offers an up-to-date exchange rate and charges not a penny more.
4 - VERIFY TRANSFER FEES
Generally, transfer fees are calculated based on the recipient’s country, the amount sent, and the timeframe for the funds to arrive. This applies to both mobile money transfers and bank transfers.
Transfer fees can vary significantly depending on the provider and the amount of money transferred.
Some providers charge flat fees, while others levy a percentage of the transfer amount. At TRANSFERGRATIS, no fees are charged—you can send your funds for free, and your recipient receives the full amount of their money.
5 - CONFIRM RECIPIENT INFORMATION
The main reason why some transactions are slow is often due to incorrect recipient information.
It’s important to always verify the information to ensure the transaction goes smoothly.
Incorrect details such as the recipient’s name or incorrect bank account number can lead to delays in the transfer.
It’s also essential to stay in constant communication with your recipient to ensure they have received the funds successfully.
6 - CONSIDER TRANSFER TIME
The transfer time can vary depending on the provider and the destination country.
TRANSFERGRATIS offers instant transfers, while other services may take several days. Mobile money transfers are completed within a maximum of 5 minutes, and bank transfers within a maximum of one business day.
However, it’s important to note that weekends and holidays can slow down your bank transfer.
Once we receive your money, we convert it into the new invention and send it. This is the fastest part of the process. But bank hours, weekends, and holidays are beyond our control, which could slow down the process.
Tip: If your transfer is urgent, avoid initiating it on the eve of a weekend or holiday.
Therefore, it’s important to consider transfer times when conducting your transactions, and TRANSFERGRATIS will always be unbeatable.
7 - CONTACT CUSTOMER SERVICE IN CASE OF ISSUES
Customer service is the department through which a customer communicates with a brand to share feedback, feelings, or issues encountered. Its goal is to understand consumer needs and take necessary actions to satisfy them.
It’s an ongoing process where a company focuses on its clientele. Its role is to listen to the customer and assist in resolving issues related to the company’s product they are using, which can be done through calls, chats, or emails.
TRANSFERGRATIS customer service can be reached through the app, website, and even on WhatsApp.
If you encounter any difficulties with the app, a transaction, or simply have questions, feel free to contact TRANSFERGRATIS customer service. They are available 24/7.
By following the tips described above, you will be able to manage your money transfers effectively with TRANSFERGRATIS and make the most of the platform.
