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Best Ways to Send Money to Cape Verde

Enjoy fast transfers, low fees, great exchange rates, and helpful service when you send money to Cape Verde.

Read on for quick reviews, expert tips, and everything you need to transfer money to Cape Verde.

Jonathan Merry
Author 
Jonathan Merry
5 minutes
November 21st, 2023
Disclosure
Recommended Provider
9.2
Wise

Wise is our recommended provider for sending money to Cape Verde. This is based on having the best rates, fees and transfer times.

Compare rates and fees for sending money to Cape Verde

There are multiple ways to easily send and receive money in Cape Verde but these will largely depend on the provider you decide to use.

What’s the Fastest Way to Send Money to Cape-verde?

The fastest way to send money to Cape-Verde is through Western Union’s fast option. With Western Union’s fast option, you can expect your money to reach its Cape-Verdean destination in a matter of hours, if not minutes. Cash pickups are the fastest and easiest method to organize, and there are several pickup locations throughout Santa Maria Ilha Sal.

The main downside to Western Union’s fast option is the fact that it is very expensive. If you’re not in a rush, the slow option offered by Western Union is far more affordable, as are many other options.

What’s the Cheapest Way to Send Money to Cape-verde?

The cheapest way to send money to Cape-Verde is through MoneyGram’s slow option. MoneyGram charges somewhat low upfront rates for their money transfer services. Their slow option also charges somewhat low hidden currency conversion costs. When both of these factors are considered, MoneyGram’s slower option is the cheapest.

What’s the Easiest Way to Send Money to Cape-verde?

The easiest way to send money to Cape-Verde is through Payoneer. With Payoneer, you can choose between one of several money transfer methods to suit your needs. We recommend you use Payoneer to send money to the recipient’s debit card. This offers you greater convenience and security when compared to other methods. With this method, the recipient can withdraw the money right away upon the transfer’s completion. You can also opt to send your Payoneer balance to the recipient’s bank account if that suits you better.

What’s the Overall Best Way to Send Money to Cape-verde?

Western Union offers you the overall best way to send money to Cape-Verde. While Western Union has several drawbacks, it is one of the most straight-forward, popular, and simple services out there. When you need to send money to Cape-Verde, Western Union is a simple and reliable company to go through. You can’t expect the best rates, but you can expect simplicity, safety, and depending on the transfer method, speed as well.

The USD to CVE exchange rate

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Frequently Asked Questions About Cape Verde Money Transfers

What is the currency of Cape Verde?
What currency regulations should I be aware of in Cape Verde?
What do I need to send money to Cape Verde?
How much money can I send online to Cape Verde?
What do I need to receive money in Cape Verde?

Contributors

Jonathan Merry
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com