Send Money from Canada to Bank of Mozambique in Mozambique
Bank of Mozambique, Mozambique
The bank's primary responsibility is issuing and regulating the country's currency and managing the country's foreign exchange reserves. In addition, it also supervises the banking system and sets monetary policy.
The bank is managed by a governor appointed by the President of Mozambique for five years. The bank is headquartered in Maputo, the capital city of Mozambique.
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With Remitbee, you can now transfer money safely and securely to Mozambique. The company offers the best money transfer service for Mozambique immigrants in Canada!
Here is the step-by-step procedure for sending money to the Bank of Mozambique using Remitbee:
Visit the Remitbee website to create an account if you still need one.
Then log in to your account and choose the bank of Mozambique as the country you want to transfer money to.
Select the Bank of Mozambique as the recipient's bank.
Enter the recipient's name, account number, and other mandatory information.
Choose your payment method, credit card, and bank transfer, and enter the required information.
Choose your payment method, credit card, and bank transfer, and enter the required information.
Ensure you review the transaction details, confirm, and submit the transfer.
Finally, you can track the status of your transfer through the Remitbee website.
Best CAD to Mozambique Metical (MZM) rate
Remitbee has the best exchange rate for converting your Canadian dollar to Mozambique Metical.
Fast and easy platform
If you're ready to transfer to Mozambique, avoid wasting time with lengthy processes. Remitbee website is innovated to provide a quick, convenient and seamless way to convert CAD to MZM.
You can send Money to Mozambique for Free
With Remitbee, you can transfer money to Mozambique without paying any fee! In addition, their bank transfers are quick, affordable, and safe.
Transparency
Remitbee's transparency puts it ahead of its competitors. Unlike other financial institutions like banks, the company does not have hidden fees nor offer poor rates to make extra money when you transfer money online to Mozambique.
Good turnaround time
Remitbee is renowned for offering the quickest transfer times. Once you transfer the funds, you can track your transfer status from the Remitbee mobile app.
Usually, transfers take at most one business day, but your funds will generally arrive within a few hours from Canada to your bank in Mozambique
Availability of refer and earn program
With the Remitbee refer and earn program, you'll earn $20 for each successful referral. Similarly, the referred person makes $10 once their first transaction is completed. Another advantage is that you can use your unique referral code to invite your family and friends and register with it.
You'll earn CAD 20 once your referral exchanges at least C$1,000 or transfer their first C$200. Also, you can refer as many customers as possible since Remitbee has no limit on the number of referrals you can make. Thus keep referring customers and gain a potential passive revenue stream.
To complete the transfer to the Bank of Mozambique, you will need the following information:
Your current bank account number
The account number for the recipient( Bank of Mozambique)
Your name and address
Your Social Security number or tax identification number
While banks and other money transfer operators use an average exchange rate over some time, Remitbee uses the real-time exchange rate.
This is the exact exchange rate you see on Google or Yahoo Finance. This is the most accurate way to calculate the CAD to MZM exchange rate.
The real-time exchange rate can fluctuate a lot throughout the day. However, Remitbee always uses the mid-market rate, the average of all buyers and sellers of that currency pair. This ensures you always get a fair deal when sending money with Remitbee to your loved ones back home.
Transfer money to all major Mozambique banks in Remitbee:
Secondly, you'll need to decide how to send the money. A few different options are available, including wire transfer, online money transfer, and check.
Wire transfers are typically the fastest way to send money internationally, but they can also be quite expensive.
On the other hand, online money transfers are an excellent middle-ground option - they're slower than wire transfers, but they're also not as expensive. Checks are the least expensive option, but they can take longer to arrive at their destination.
Check our refer and earn program!
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