Compare the best ways to send money from United States to Kenya

Paying in cash at an agent can work without a US bank account.

The ID accepted depends on the company and the amount, so check before visiting if you do not have an SSN.

Hand $7,000 to a MoneyGram agent in the US, and your recipient will get 899,505.6 KES in minutes - 24 hours.

However, transfers funded with cash or a money order carry a 1% federal tax from January 2021. To avoid it, fund with a debit card or bank account instead (most agents take both).

For a one-off transfer, an online service funded from your checking account is usually the cheapest way to send money to Kenya.

Of all online companies listed here, MoneyGram gets you the most KES per USD.

On a $7,000 transfer, you will get 899,505.6 KES after a $0.99 fee and 0.71% markup.

But, bank funding (ACH) takes 1 to 3 business days to clear, while debit cards (and Google Pay/Apple Pay) are usually instant but cost a bit more.

For large transfers to Kenya (e.g. a property purchase, tuition, or moving to Kenya), a broker like Key Currency charges no fee, gives you a dedicated account manager, and adds 0.25% markup on USD/KES that gets lower the more you send.

It's also good to check Wise since you get a bulk discount on transfers over $25,000.

Global accounts are for US businesses paying people abroad.

Companies like Airwallex, WorldFirst, or Payoneer handle the recurring and batch payments, invoicing, tracking, and more.

A multi-currency account like Wise is the best for holding and receiving KES.

This is useful for traveling to Kenya, building up KES balance, or receiving payments in KES.

Wise converts $7,000 at 0.02% markup plus small fee and holds the KES until you spend it.