Send Money from Canada to Barclays Bank in Mozambique

Barclays Bank, Mozambique

Barclays Bank of Mozambique was established in 1885. The bank is a subsidiary of Barclays Africa Group Limited. The bank is a British multinational banking and financial services company headquartered in London.

It offers a range of services to retail, corporate, as well as institutional clients. These include savings and checking accounts, loans, credit cards, and investment products. The bank also offers internet banking and mobile banking services.

Barclays Bank of Mozambique has a network of branches and ATMs nationwide. The bank has its head office in Maputo, the capital city of Mozambique.

In addition to a wide range of banking products and services, Barclays Bank of Mozambique offers its clients several value-added services, including financial planning and investment advice, insurance, and foreign exchange services.

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How To Send Money To Barclays Bank in Mozambique
  • Create a Remitbee account through their website and log in to your account.

  • Enter the recipient's information, including their full name, address, and International Bank Account Number (IBAN).

  • Type in Barclays Bank Mozambique as the payee's bank name and enter the BIC/SWIFT code for Barclays Mozambique.

  • Enter the amount you wish to transfer and select a currency if applicable.

  • Review all the information carefully before proceeding with your transaction and ensure all details are accurate.

  • Submit your payment request and wait for confirmation that Barclays Bank Mozambique has accepted it before considering it complete.

What Are The Benefits Of Sending Directly To Barclays Bank?
There are several reasons why you should send money directly to Barclays Bank. You may have an account with them and want to avoid fees associated with using a third-party service.

Alternatively, you're looking for the convenience of having the funds deposited directly into your account. Whatever the reason, sending money directly to Barclays Bank can be a great choice due to the following.

Secure and Reliable

Sending money directly to Barclays Bank is safe, secure, and reliable. Remitbee and Barclays Bank are both trusted financial institutions with decades of experience in the financial industry.

Convenience

With Remitbee sending money directly to Barclays Bank is convenient and easy. You can send funds from any location through online banking, or you can do it online or through the mobile app.

Fast Transfers

Direct transfers to Barclays Bank through Remitbee are typically processed quickly and securely, meaning you don't need to wait long periods for the funds to clear.

Affordable Fees

Sending money directly to Barclays Bank using Remitbee tends to be more cost-effective than other methods, such as wire transfer services or third-party payment processors. If you send a large sum of money or send money regularly, the fees can add up. You can avoid these fees by sending your money directly to Barclays Bank.
What Information You'll Need To Complete The Transfer
  • The name and contact information of both the sending and receiving banks

  • The account numbers of both the sending and receiving accounts

  • The account number of the recipient

  • The amount of money to be transferred and the currency

  • Addresses of Recipients to verify that it is delivered to the right person.

  • Any special instructions related to the transfer (for example, if you are transferring funds between two different accounts held at the same bank)

How Remitbee Calculates The CAD To MZM Exchange Rate
Admittedly, exchange rates are constantly fluctuating. The value of one currency compared to another change daily and, at times, hourly.

Remitbee uses CAD to MZM exchange rate from the Central Bank of Mozambique. This exchange rate is updated daily to ensure that our customers get the most accurate and up-to-date rate.

The exchange rate is calculated by taking an average of the buying and selling rates for each currency pair. Remitbee rates are also closely monitored and evaluated to ensure accuracy.

Transfer money to all major Mozambique banks in Remitbee:

How International Money Transfers Work
Transferring money from one country to another usually involves the sender, recipient, and an intermediary financial institution.

The first step in an international money transfer is for the sender to provide the necessary information about themselves and the recipient. This includes things like bank account numbers and other identifying details.

Once you provide the required information, Remitbee will facilitate the transaction by converting the currency, deducting any applicable fees, and sending it over to the recipient's account.

Depending on how much you're transferring and which currency you're dealing with, you may need a special permit or license before making your international money transfer. Some governments also impose restrictions on how much money can be moved at once or even if certain currencies are allowed to be exchanged.

Check our refer and earn program!

Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.
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