Money Transfer

Barwaqo Bank Money Transfer facility is a remittance channel launched across select BB branches and agents in Somalia. It facilitates Somalia expatriates across the globe to remit their money back home in a safer, secure and hassle free mode under a tie up with selected global money transfer companies (MTC).

Service Features

  • Fast: With Home Remittance Service in alliance with MTC’s, you can now transfer money to Somalia within no time. The payee can get the money in about ten minutes from dedicated MTC counters in our branches.
  • Convenient: The procedure is very convenient with no need of a BB bank account.
  • Economical: There are no charges for receiving remitted money
  • Payment currency: The sender can choose what currency  will be paid out to the payees for the inward remittance

To receive money simply follow the following steps at any Barwaqo Bank branch to receive the money remitted in your name.

To send money to Somalia visit any of our agent money transfer service provider in your area and follow the required process and procedure of the service provider.

  • To find your nearest agent visit Barwaqo Bank Website
  • Track your remittance via the BB Money Transfer Tracking service
  • Provide the MT Ref number to the beneficiary (receiver) of the remittance in Somalia. They can collect the remittance from any Barwaqo Bank branch or agent in Somalia.