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Sending money home for Ramadan? Tips to ensure it arrives on time

There are a few secure ways to send money home to your family and loved ones during the holy month of Ramadan. 

Our step-by-step guide below features a few top tips as well as secure transfer methods to consider when sending money home for Ramadan during the holy month. 

 

Three top tips to consider before completing a money transfer:

 

  1. The speed of your transfer – Would you like the funds to reflect in a short amount of time before the start of Ramadan? How soon would you like the payment to reach your loved ones? If speed is a priority you may need to pay additional fees for it to be completed in a short period of time when using other online money transfer services.
  2. Consider the exchange rate – Currencies are constantly changing and evolving with time and unfortunately they don’t hold the same value each day. We recommend keeping an eye on the exchange rate at the time of your transfer to see if it is in your favour.
  3. Transaction fees – Are you paying high fees for completing your transfer? Here at Mama Money we are proud to offer low-cost money transfers and only charge 5% in fees instead of 10% like many other sending institutions in SA. So, if you want to send R5000 home for Ramadan, you'll only pay R250 in fees instead of paying R500. That’s a great saving!

 

What is the fastest way to send money home for Ramadan?

When choosing to send money home for Ramadan via a bank transfer or other transfer services there is a risk that your transfer will not be completed in time or that you will have to fork out costly transaction fees.

If you're living in South Africa and would like to send money home during the holy month, consider using Mama Money for faster transaction times and minimal fees. Your loved ones can receive money instantly, 24 hours a day, 7 days a week with no delays. And the great news is that our mobile app allows you to send a money transfer abroad to over 50 countries worldwide.
 

How do I send money using Mama Money?

If you're located in South Africa and want to send money to a family member or friend based in Africa, Asia or Europe, simply use MamaMoney.

Simply register an account by visiting your nearest Mama Money agent or sign up for an account on your mobile phone by completing these easy steps below:

  1. Download the Mama Money app
  2. Enter your details
  3. Provide proof of your ID
  4. Submit a photo of yourself

Once your documents have been submitted using the Mama Money App, your account will be verified within 24 hours and you can start sending money abroad to your loved ones. 

To send money locally or internationally using Mama Money this Ramadan follow the easy steps below:

  1. Login to the Mama Money family App and select ‘’Send Money’’
  2. Choose the recipient to who you are sending money
  3. Enter the amount you would like to send and press ‘’Next’’
  4. Select your preferred payment method and press ‘’Confirm & send’’

To find out more about our low-cost fees and how to send money online this holy month, follow Mama Money online via  Facebook,  Instagram Twitter, or  LinkedIn