Africhange money transfer review & guide

Exchange rates, payment options, step-by-step guide, transfer fees, and all you need to know about .

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Trademark Disclaimer: Africhange* with whom RemitBee Incorporated (“We,” “Us,” “Our”) has no direct or indirect association in marketing, sales or customer service. Indeed, the enclosed contents are provided only for information and comparison purposes. We further state that all third-party products, services, company names and logos remain the property of their respective holders. Use of them here in this article does not imply any affiliation with or endorsement by them.

Everything you need to know

Africhange review

Africhange is a money transfer platform that makes sending money to and from Africa and North America simple and affordable. Founded in 2020, Africhange leverages blockchain technology to offer secure, low-cost transfers with minimal transaction fees.

Designed with immigrants in mind, the platform aims to transform the remittance experience by ensuring speedy payment settlements, excellent customer service, and low-cost transfers.

Payment Methods Available with Africhange

Africhange provides a variety of payment methods to facilitate international money transfers, catering to users in Canada and select other countries.

  • Interac e-Transfer
  • Bank Transfers
  • Pay by Bank
  • Debit and Credit Cards
  • Peer-to-Peer Transfers

    • How much can I transfer with Africhange?

    Africhange has different transaction limits depending on your verification tier. Below is a breakdown of the limits for each tier

    Tier 1 Limits

    You can send up to 30,000 CAD per month

    Tier 2 Limits

    users can send up to 50,000 CAD per month

    Tier 3 Limits

    users can send up to 100,000 CAD per month

    How long does a transfer usually take with Africhange?

    Africhange transfers typically take between 10 to 30 minutes for both CAD to NGN and NGN to CAD transactions. However, occasional delays can occur due to issues within the bank network.
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    Pros and Cons of using Africhange

    Pros
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    Zero fees for CAD to NGN and NGN to CAD transfers

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    Exchange and hold CAD, NGN, and more at competitive rates.

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    Send money directly to other users without needing a bank account.

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    Store funds safely and transfer faster via Interac.

    Cons

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    Some services like CAD withdrawals and NGN wallet funding have fees.

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    Only supports Interac, auto-deposit, and bank transfers

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    Higher amounts require additional verification.

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    Bank network issues can slow down transfers.

    Africhange Transfer Fees

    Africhange offers competitive and transparent transfer fees. CAD transfers to Naira are completely free, making it an affordable option for sending money between these currencies. For CAD to CAD withdrawals, a fee of 1.5 CAD is charged. When funding a Naira wallet, the fee is 1.5%, with a minimum of 100 NGN and a maximum of 1,000 NGN. Additionally, NGN to CAD transfers are free, providing a cost-effective solution for users sending money from Nigeria to Canada.

    How it works

    How does Africhange make money?

    Africhange generates revenue through a combination of transaction fees, affiliate marketing, and premium services. While many transfers are fee-free or low-cost, Africhange charges nominal fees for certain corridors, particularly for larger transactions, contributing to their revenue.

    The platform also runs an affiliate program, where users can earn money by referring new customers, receiving bonuses for completed KYC verification and initial transactions.

    Africhange exchange rates

    Africhange offers competitive exchange rates. The platform ensures fast transactions, providing users with a seamless transfer experience. Additionally, Africhange enhances its value by offering referral bonuses, further making international money transfers more convenient and rewarding for its users. ​
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    Best rates with RemitBee

    RemitBee makes sending money abroad simple, fast, and affordable. With transparent fees and no hidden charges, it offers competitive pricing for international transfers. You can choose from multiple payment methods and benefit from the mid-market exchange rate, which ensures you get the best value for your money.

    Transfers are secure, with top-level encryption protecting your data and funds. Whether you're sending money to family or handling business transactions, RemitBee ensures a smooth, reliable experience every time.

    Safety and security

    Is Africhange money transfer secure?

    Africhange is a trusted platform for sending money overseas, ensuring the safety and security of your transactions. With strong encryption and a focus on regulatory compliance, Africhange ensures a secure experience for both personal and business transfers.

    Security features

  • Africhange adds an extra layer of security by requiring a second verification step (via SMS or an authenticator app) when logging in or making significant transactions.
  • Africhange uses advanced real-time fraud detection technology to monitor transactions and block suspicious activities before they happen.
  • If unauthorized access is detected, Africhange provides account recovery processes to help lock your account and secure your funds.

    • With Africhange you can send money from the following countries

    Africhange allows you to send money to and from over 150 countries. Some of the countries where you can send money include:
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    Other Money Transfer Providers

    Frequently asked questions

    Have questions? We have answers!

    What is Africhange?
    What payment methods are accepted on Africhange?
    How long do Africhange transfers take?
    What are Africhange's transfer limits?