How we help you transfer money to Kenya from USA at the best rate:
- Hidden costs exposed by comparing the money transfer services USD-KES conversion rate to the mid-market exchange rate
- Real-time total costs including all fees and the exchange rate markup
- Full transparency, comparing 12 money transfer providers such as Wise, RIA, Remitly, Western Union and WorldRemit
Our comparison engine found 3 online money transfer services available to send money to Kenya from USA. The list is sorted by total transaction costs including the hidden USD-KES exchange rate fees, starting with the cheapest money transfer services at the top:
Researching money transfer services and figuring out the best rate for sending money to Kenya can be time-consuming. Besides the total transfer fee, our list above shows you the different payment delivery options for each money transfer service.
Some factors to consider while evaluating the best way to send money to Kenya from USA are transfer fees, exchange rates, the speed of transfer and convenience. The cost of transferring money depends on the country in which you want the money sent as well as the way the payment is received (e.g. bank transfer, cash pickup, app). Also whether you want to pay for your transfer via bank deposit, debit card or in cash at a money transfer operator will affect your remittance to Kenya.
Best rate - The cheapest way to send money to Kenya
The overall cheapest money transfer service is Andrews Federal Credit Union with 'Bank' as the receiving payment method. In this case, the total transaction costs are $ 4, whereas the service fee is $ 4 and the USD-KES exchange rate is 116.75.
In comparison, you would pay a total cost of $ 11.99 to transfer money to Kenya if you selected to use WorldRemit for the very same international money transfer. Two other options for sending money to Kenya are worth considering: Remitly and .
Wire transfer - Send money to a Kenya bank account
Bank deposits: To make a wire transfer online and transfer your USD to a Kenya bank account in KES, the most competitive option is currently Andrews Federal Credit Union. With $ 4 transfer fees for the bank transfer and a competitive USD-KES currency exchange rate (currently at 1 USD = 116.75 KES), it's the cheapest way to send money to a Kenya bank account.
When doing a wire transfer from USA to Kenya, it typically takes longer for the funds to arrive in the recipient's bank account compared to other money transfer methods such as cash delivery. International bank transfers do carry some risks and you need to make sure the bank details and payment details are correct or else the sent amount may end up in the wrong bank account.
Do you prefer a cash delivery method for the beneficiary to receive money at his preferred cash pick-up location in Kenya? We list several money transfer service providers able to send KES for cash pickup in Kenya:
WorldRemit is currently the most competitive provider with a low transfer fee of $ 2.99 and a competitive USD-KES exchange rate of 1 USD = 113.2475 KES. This results in a total transaction fee of $ 11.99 to send money to Kenya resp. a local a cash pick-up branch there.
Since most payout locations operate 24/7, this kind of international money transfer is almost instant. Even more so when you pay with a credit card or a debit card. With a valid photo ID and the transaction reference number, the recipient can pick up the cash at a payout location of WorldRemit local partner network within minutes after the money has been transferred.
Best app to send money to Kenya
In case you want to transfer money online with a mobile wallet your best option is WorldRemit. By using their app to send money to Kenya from USA the transfer fee is $ 0.99 and the charge for the exchange rate is $ . This brings the total cost for the mobile-to-mobile remittance to $ 9.39.
While it's a convenient transfer method to initiate your international money transfer with a tap on your smartphone, mobile wallets require a rather time-consuming sign-up process including a KYC (Know Your Customer) procedure. But besides that WorldRemit is a well-established money transfer company with a solid track record when it comes to mobile money and international transfers.
Remittance to Kenya
Have you ever wondered, why some of the best money transfer providers such as Remitly and WorldRemit have the term 'remit' in their name? This is derived from the word 'remittance' which is a payment of money that is transferred to another party. Theoretically, any payment of a bill could be a remittance. However, nowadays the word is mainly used to describe the process of money being sent to a family back home by someone working abroad. The recommended way to remit money to Kenya is by using the money transfer provider Stanford Federal Credit Union. At the time of writing, they boast the most competitive exchange rates to send money online to Kenya.
This recommendation was updated 2 days ago.