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Sending money to First National Bank accounts in Botswana is easy with Remitbee. It just takes the following easy steps.
Sign up for your free Remitbee account. This easy step lets you access their system's private Remitbee wallet to secure an account.
Provide your personal information, for instance, your full name, address, and occupation, and verify your email and cellphone contacts.
Please indicate the destination of your money by providing the bank details for the beneficiary's t account, including their bank name and account number.
You can also show your beneficiary's mode of picking up the money if you need to send it straight into their account.
Confirm the CAD to BWP exchange rate. Once you're satisfied with the CAD to BWP rate, key in the amount you intend to transfer, select your preferred payment mode and confirm your transfer. Although the exchange rates change daily, the fees for each payment mode are fixed.
Track your funds after you've done the transfer by keeping an eye on the Remitbee app.
There are numerous benefits to sending directly to First National Bank with Remitbee in Botswana.
It's secure
Remitbee wallet is FINTRAC Canada-regulated; as such, you can load up and use it to transfer money to Botswana! To enjoy the best rates, ensure you fund your wallet in advance. CAD to BWP transfers of more than $500 are free via the Remitbee wallet.
It's faster
Generally, transfers take between one and two days, though some happen immediately.
Convenient
Remitbee mobile app lets you enjoy full money transfer functionality. You can view live exchange rates and make your money transfers to Botswana as seamless as possible.
There are two different delivery methods with different requirements as follows;
Wire transfer to the bank account
Recipient's name
Ensure you have the name on the account you are transferring the funds to as it appears on bank statements to prevent delays in your transfer.
Address
Get the address of the branch you are sending the funds to so that the remittance company can get it to the beneficiary's city.
Bank name
Usually, this is the name of the Bank in Botswana you are sending money to.
Account number
Finally, ensure you get the name of your recipient's account.
It costs nothing to transfer more than 500 CAD. However, the following costs apply to transfers under 500 CAD:
Interac Online charges $2.99
E-transfer is free
Bill Payment has no fees
Electronic funds Transfer with no charges
Visa or Mastercard Debit charges over $2.99