M-PESA global service for international money transfers to and from Uganda

Uganda, officially known as the Republic of Uganda, is a landlocked and underdeveloped country in east-central Africa. Although the country’s economy is poor, its rich and diverse landscapes attract numerous tourists each year, leading to a significant increase in its tourism industry.

Let’s see and discuss how international money transfers to and from Uganda are possible in this article. Wiring is possible between various countries such as Kenya, Uganda and Nigeria, mainly through the M-PESA Global service.

Transfer Mode

International money transfer can be accomplished from any foreign country to Uganda and vice versa through a few effortless steps. There are several ways to send a sum of money. They include the following:

• Direct bank wiring

• Transfer through an intermediary agent

• M-WEIGHT

What is an M-PESA Global Service??

An M-PESA Global, where M stands for mobile and PESA stands for money in Swahili, is a mobile-based online money transfer platform and service. Launched by Vodafone Group plc and Safaricom in 2007, it allows its registered customers to send and receive money globally.

All M-PESA clients can deposit, withdraw and send funds to East Africa and other countries around the world using its convenient and easy to understand features. M-PESA operates internationally. Create a hassle-free international transfer mode that even ordinary people can use.

Benefits of the M-PESA Global Service

Numerous advantages are associated with this international funds transfer service. Some of them include the following:

• Reduces the need to travel and visit banks to send and receive money

• Allows all transactions on and through the phone

• The service allows recipients to receive money in their local currency, regardless of where the sender has transferred it.

• It provides a detailed report after each money transfer.

• There are no transaction fees or additional charges associated with the service.

• It works on a global platform, allowing you to send and receive money between multiple countries.

Steps to use and operate M-PESA

M-PESA can be accessed through a mobile phone or smartphone. In general, there are two methods to operate it.

The process to use their services includes the following steps:

Method 1

• Dial *840# on the phone

• I accept the terms and conditions’

• Select ‘Send money abroad’

• Enter preferred PIN code

• Select ‘Send money’

• Enter the international recipient’s phone number in the format 256XXXXXXXXX

• Enter the amount you need to transfer and the M-PESA Global pin to confirm and complete the transaction

Method 2

• Download and open the MySafaricom app on the phone

• Select M-PESA followed by M-PESA Global

• I accept the terms and conditions’

• Select ‘Send’

• Enter details such as transferable amount and PIN code where required to confirm and complete the transaction

M-PESA Global Service Transaction Limits

Before proceeding with any money transfer using M-PESA, individuals should be aware of the maximum and minimum limit per transaction.

As for the Kenyan currency, the Kenyan Shilling (KSHS), the limits are:

• Maximum: KSHS 101

• Minimum: KSHS 70,000

M-PESA Global Service Partners

By registering with M-PESA, individuals can receive money transferred internationally, without incurring any service fees, through the platform’s service partners. They include:

• unleavened

• Skrill

• post-financing

• WorldRemit

• transfer galaxy

• mtn uganda

• XendPay

• money gram

• successes

• SkyForex

• Xpress Money

• Vodacom Tanzania

• MTN Rwanda

• Dahabshii