The best way to send money to Congo DRC: Wise
After reviewing and testing 7 money transfer providers supporting CDF transfers, we found Wise to be the top choice for money transfers to Congo [DRC] as of December 2024.
Wise appeared in 100% of CDF transfer searches and ranked as the best option among providers supporting Congolese Franc transfers.
With quick transfers, a low markup of 0.27% on CDF exchange rates, and a low fee of $20.6, Wise offers the ideal balance of cost, speed, and features for CDF transfers.
How to get the best rate when sending money to Congo DRC
Consider this before sending money to Congo DRC
Don't settle for the first option. Always compare ways to send money to Congo [DRC] to find out about fees, speed, and reliability.
Our analysis included 7 providers that operate in Congo [DRC].
Through this, you get a comprehensive view of all the options you have when sending money to Congo [DRC].
Wise: The cheapest way to send money to Congo DRC
There are 7 providers servicing Congo [DRC], and Wise appeared as the cheapest option 18 times in our comparisons.
Wise charges $15.41 per transfer to Congo [DRC], with a 0.17% markup on the CDF exchange rate. This is -0.2% cheaper than the second cheapest option.
To get the most out of your transfer to Congo [DRC], use a Bank transfer deposit to maximize the amount of CDF received.
Fastest way to send money to Congo DRC: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to transfer CDF in 44.4% searches on MoneyTransfers.com over the past six months.
Ria Money Transfer charges $4 in fees on average and adds a 2.8% markup, which is also 0% cheaper than the next fastest option.
Pair it with a Bank transfer deposit to get your CDF abroad fast and cheap.
Our ‘fastest’ way to transfer money to Congo [DRC] includes the transfer amount, deposit method, and transfer and withdrawal times.
Wise is the easiest way to send money to Congo DRC
Wise appeared 18 times in our searches involving Congo [DRC] as the top-rated money transfer company.
Wise is very transparent with its fees, charging $20.6 and 0.27% markup on CDF transfers.
They offer multiple deposit options, have good customer service, and take less than 5 minutes to get started with.
Making large money transfers to Congo DRC
When sending large amounts of Congolese Franc to Congo [DRC], it's important to consider factors like the limits, CDF rates, customer support, as well as legal and government-imposed restrictions in Congo [DRC].
Wise is our top recommendation for moving large amounts of CDF.
Whether you're purchasing property in Congo [DRC], need to pay tuition fees, have a wedding there, or transfer money for business in Congo [DRC], Wise will ensure a smooth and secure transaction.
Of all the companies we’ve tested and reviewed that specialize in large CDF transfers, Wise consistently ranked as the top-rated choice.
They charge $20.6 per transfer and apply 0.27% markup on top of the CDF exchange rate, making them perfect for moving big amounts.
Understand the costs of money transfers to Congo DRC
The total cost of CDF transfers depends on your location, the amount of CDF sent, the delivery/deposit methods, transfer fees, and the markup applied to the CDF exchange rate.
Transfer fee
The money transfer service you use to send Congolese Franc can apply a fixed fee, a percentage-based fee, or a combination of both.
For example, a $2,000 transfer to Congo [DRC] will cost you $0 in fees with Xoom, based on our December 2024 analysis of 7 services supporting Congolese Franc transfers.
CDF exchange rate markup
An exchange rate markup is the percentage added to the mid-market CDF rate.
Using the same example, Wise offers the best CDF exchange rates, with a 0.28% markup on the USD- CDF rate. This means for every USD sent, you receive 2,869.9999 CDF with 0.28% deducted from it.
Deposit method
How you fund your transfer can significantly impact the overall cost.
Bank transfer is the most common option, costing up to $4 per transfer to Congo [DRC].
Debit card transfers can go as high as $23.54 in fees, while credit cards can reach $62.43 per CDF transfer and may include additional cash advance fees and other fees.
Bank transfer is the cheapest payment method for sending CDF.
How to find the best exchange rate for Congolese Franc transfers
An exchange rate is a constantly changing value of CDF in relation to another currency. The exchange rate you secure impacts how much CDF you will get, so timing your transfer is essential to get the most out of it.
Let's dive into some recent CDF trends.
Over the past six months, the exchange rate from USD to CDF has seen some fluctuation. On average, it stood at 2,854.9378 Congolese Franc.
During this period, the highest value recorded for Congolese Franc was 2,871.0004, while the lowest was 2,829.9999.
Wise, which is our recommended service for sending money online to Congo [DRC] offers an exchange rate that is only 0.27% above the mid-market rate.
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Payment methods available to fund your transfer to Congo DRC
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available in Congo [DRC].
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money to Congo [DRC].
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to find the best service for your needs when sending money to Congo [DRC]
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Related transfer routes
Send money from Congo DRC
Send money to Congo DRC
Staying safe with money transfers to Congo DRC
The key to the safety of your funds is to only transfer Congolese Franc to those you know and trust, as well as using a regulated money transfer company.
All the money transfer services to Congo [DRC] we recommend are safe and regulated by financial bodies.
If you're unsure about the key regulatory authorities in Congo [DRC] or your home country, refer to our directory of financial regulators.
FAQs
Find answers to the most common questions on our dedicated FAQ page.