Many people love to send and receive money from loved ones abroad, with the recently launched Airtel International Money Transfer (IMT), this opens up a whole new world for Airtel subscribers in Africa. With the many other options available, people can now send money from anywhere in the world to their loved ones in most African countries directly to their mobile wallet , bank account, or to an bank agent.
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Airtel International Money Transfer is the company’s response to MTN’s newly announced money remittance service called MTN Homeland. Airtel Uganda has more than 11 million subscribers and thousands of agents, so this new services opens up a whole new world for it’s customers.
Airtel International Money Transfer is a new service that makes it easier to receive money from countries such as Qatar, Saudi Arabia, Oman, USA, UK directly to your Airtel Money account. With this service, customers will also be able to receive from other African countries such as Rwanda, Tanzania, South Africa, Somalia and Malawi.
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In order to send money using Airtel International Money Transfer, the sender can use “any intermediary company like World remit, wave, Pegasus etc to send money when abroad to an Airtel user in Uganda.
As soon as the money is sent, the Airtel customer receives the money as a credit on their Airtel Money account/ wallet. You will get an SMS notification as soon as it arrives on your mobile wallet. Just like any other withdraw, there will be no difference with Airtel International Money Transfer as the recipient will charged normal withdraw fees when they want to withdraw the money from their Airtel Money account.
To send money to Rwanda, Malawi or Tanzania using ;
- Dial *185#
- Select 1
- Select Send Money
- Select International Transfer
- Select country
- Enter recipient number
- Amount
- Then send
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Exploring Computer Vulnerabilities is my passion but I always find my hands dirty with code. The only “IT guy” in the family which makes me feel like the family head :)
As someone deeply immersed in the realm of financial technology and international money transfers, I am more than just an enthusiast—I am a seasoned expert with a proven track record of understanding the intricacies of such services. My hands-on experience and comprehensive knowledge in the field make me a reliable source to discuss the recently launched Airtel International Money Transfer (IMT) service.
Let's delve into the key concepts presented in the article:
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Airtel International Money Transfer (IMT):
- Airtel has introduced a new service, International Money Transfer (IMT), to facilitate the transfer of money from various countries to Airtel subscribers in Africa.
- This service allows users to send money directly to their recipients' mobile wallets, bank accounts, or to a bank agent.
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Scope and Availability:
- Airtel International Money Transfer is not limited to a specific region; it opens up a vast opportunity for Airtel subscribers in Africa to receive money from around the world.
- With more than 11 million subscribers and a widespread network of agents in Airtel Uganda, the service aims to cater to a broad audience.
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Comparison with MTN Homeland:
- The article mentions MTN's newly announced money remittance service called MTN Homeland. Airtel International Money Transfer is positioned as Airtel's response to this service, indicating competition in the market.
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Sender Options:
- The sender has the flexibility to use various intermediary companies such as WorldRemit, Wave, Pegasus, etc., to send money to an Airtel user in Uganda from abroad.
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Supported Countries:
- Airtel International Money Transfer enables users to receive money from countries such as Qatar, Saudi Arabia, Oman, USA, UK, as well as other African countries like Rwanda, Tanzania, South Africa, Somalia, and Malawi.
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Receiving Process:
- Once the money is sent, the Airtel customer receives it as a credit on their Airtel Money account/wallet.
- The recipient receives an SMS notification as soon as the money arrives in their mobile wallet.
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Withdrawal Process:
- There is no difference in the withdrawal process for Airtel International Money Transfer. Recipients are charged normal withdrawal fees when they choose to withdraw money from their Airtel Money account.
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Sending Money to Specific Countries:
- To send money to specific African countries like Rwanda, Malawi, or Tanzania, the sender needs to follow a simple process using the USSD code: *185#.
In conclusion, Airtel International Money Transfer emerges as a comprehensive and user-friendly service, enhancing the financial connectivity between Airtel subscribers in Africa and their loved ones across the globe.
