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Best Ways to Send Money to Rwanda

Enjoy fast, low cost transfers, the best exchange rates, and strong customer support on money transfers to Rwanda.

Read on for quick reviews, expert insights, and all you need to know about money transfers to Rwanda.

Jonathan Merry
Author 
Jonathan Merry
6 minutes
February 5th, 2024
Disclosure
Recommended Provider
9.2
Wise

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

Compare rates and fees for sending money to Rwanda

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

What’s the Fastest Way to Send Money to Rwanda?

The fastest way to send money to Rwanda is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money will reach its Rwandan destination in a matter of minutes. The fast option is also quite affordable and it costs less than most of their slower competition. The main drawback to Ria Money Transfer is that some users complain of hassles and a platform which isn’t the easiest to use. When it comes to their fast option, you can be sure you’re getting a good deal when it comes to both speed and cost.

What’s the Cheapest Way to Send Money to Rwanda?

If you reside in the UK, then OFX is by far the cheapest option you have for sending money to Rwanda. OFX is an international currency conversion company that also allows people to send money abroad on its platform. With OFX, you pay a small percentage of each transaction which beats any competition by a large margin. The more money you send at once through OFX, the smaller the percentage they take becomes. The only catch is that they carry a minimum transfer size requirement which is far larger than any of the competitions.

If you don’t reside in the UK or don’t like how much money you have to send through OFX, Ria Money Transfer’s slow option is a great alternative. You don’t save as much money with Ria Money Transfer, but it is a ubiquitous company with rates that are very competitive.

What’s the Easiest Way to Send Money to Rwanda?

The easiest way to send money to Rwanda is through Payoneer. Payoneer is great because you can switch between their different money transfer methods to suit your needs. With Payoneer, you have several options for sending money. We recommend you use Payoneer to send money to the recipient’s debit card, which offers 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. Payoneer also offers other options, including direct deposits into a bank account once you set your account up.

What’s the Overall Best Way to Send Money to Rwanda?

The overall best way to send money to Rwanda is through Ria Money Transfer. For the sake of getting the overall best deal, we recommend using their fast option unless you don’t mind waiting. Ria Money Transfer’s fast option gives you a great balance between cost and speed. If you are not in a rush and would prefer cheaper rates, their slow option is also alright. With Ria Money Transfer, you have a service that is more accessible and generally well-rounded.

The USD to RWF exchange rate

Mid-market Rate
1
= 1286.508945 RWF
Mid-market rate at: 12:33 UTC
USD/RWF Median: 1285.926975 Low: 1282.710495 High: 1288.000000
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Send Money to and From Rwanda With These Guides

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Frequently Asked Questions about Rwanda Money Transfers

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

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