Send Money to Liberia

Margin Rate: 4%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 3%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 0.8%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated

Countries in Liberia

Send Money Transfer to Liberia

The Liberian currency, the Liberian dollar (LRD) is fully convertible but the Liberian financial system remains shallow despite having a large number of banks. Liberia does seek to encourage foreign investment and is open to that possibility in most sectors though the use of agents is encouraged.

The country has 8 commercial banks operating across the country with concentration in the capital where US dollars can also be withdrawn. The availability of the banks means that a traditional wire transfer is possible provided that the recipient has an account in the country.

If you want to send cash without using your bank account or if you do not have one yet, you can opt for a worldwide money transfer service via a Money Sending Bureau. These establishments are found in major cities around the world and some of the major money sending bureaus have establishments in Liberia. Some of the banks will also act as pick up locations. With this option however you will need to pay a significant commission on the transfer and it is worth looking around as fees can vary between just a few percent as high as 15% of the sum being sent. These institutions also often comparatively poor exchange rates so again the total costs need to be considered.

The procedure is however relatively simple: You take the money you would like to transfer to an office in cash. You have to fill in a form, pay the service fee, and show a valid ID. Alternatively, you can process your money transfer online. Once this procedure is done, the recipient can pick up the money at another office simply by showing his or her own ID. With the transaction number you receive, you can track the status of your transfer online

Bank Note System
Banknotes: 5, 10, 20, 50, 100 Dollars