Send money to Somaliland

Compare fees and exchange rates to get the best deal on your next money transfer to Somaliland.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

This guide will help you get the best value for your dollar by comparing which services you can use and showing you what you should look for when choosing one.

How much does it cost to send money to Somaliland? Compare your options.

The table below shows what money transfer services can help you send money from Australia to Somaliland.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 1 Same day AUD 3.99 423.522 SOS
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Step by step: How to send money to Somaliland

  1. Compare money transfer services here to find the one that's best for you.
  2. Go to the service's website and create an account.
  3. Enter the transfer details, make your payment and wait for confirmation that the money has been received.

What's the best way to send money to Somaliland?

The best way to send money to Somaliland depends largely on who's receiving the money and how they want it.

Blue icon representing money transfers Image: Infogram

Internet and mobile money transfer services

You can directly use mobile money services such as Dahabshiil to send money to Somaliland from certain countries, but your options may vary depending on where you are. For example, when using WorldRemit the recipient will either have to use Zaad or the WorldRemit wallet.

Picture not described: BlueCoinsCashIcon_Infogram_94x62.png Image: Infogram

Cash transfers

If the recipient needs it as cash, you may be able to use certain services with agent locations in Somaliland.

Picture not described: BlueBankIcon_Infogram_62x56.png Image: Infogram

Bank transfers

Somaliland's banking network is more geared towards business transfers than remittances and consumer payments, but you can still send personal bank transfers if needed. These will often be slower and more expensive than other options.

Somaliland's banking network is more geared towards business transfers than remittances and consumer payments, but you can still send personal bank transfers if needed. These will often be slower and more expensive than other options.

Let's crunch the numbers: Sending $500 to Somaliland

The table below shows how much it costs to send $500 from Australia to Somaliland as US dollars to give a sense of how much prices can vary between options. Although Somaliland's currency is the shilling, USD is often used for transferring money and is accepted in most places.

Transfer service 1Transfer service 2
Exchange rate1 AUD = 0.683 USD1 = 0.6926 USD
Transfer speedInstantInstant
Amount receivedUS$338.10US$332.45
Receiver getsUS$5.65 moreUS$5.65 less

In this case, both options can get the money there almost immediately and both require the recipient to have a Telesom ZAAD account.

And even though one has fees almost 4 times as high as the other, there's only a US$5.65 difference in the end, due to the service with higher fees also offering better exchange rates.

In this way, the most cost-effective option can depend on how much you're sending.

How long will it take to send money to Somaliland?

Mobile money transfers and cash transfers can both get money to the recipient almost immediately, but there are some conditions to be aware of.

Bank transfers will often be slower.

Emergency cash transfer

If you want to send cash to Somaliland as quickly as possible, you should note that the speed of a transfer will vary depending on the payment method.

If you pay online with a bank transfer, it will typically take several days. But if you pay with card or at an agent location, it can be almost immediate. Keep in mind that card payments will often attract extra charges.

And in the end, how fast the money arrives depends on how fast the recipient can get to a pick-up location. You may also encounter issues with low transfer limits.

Instant mobile money transfer

Mobile money transfer services can let you send money to recipients anywhere in Somaliland without them needing to pick anything up.

However, your recipient will need to have a mobile money account with a suitable provider in order to receive the money. As such, your options will vary depending on whether you also have an account with the provider.

For example, you could use WorldRemit to send money to anyone in Somaliland with a Zaad account, even if you don't have one yourself. But both you and the recipient might need a Dahabshiil account to use that instead.

Documentation you'll need to send money to Somaliland

The documentation you will need to provide may vary depending on the service you use and how much you're transferring.

Some things you might need to provide include:

  • Your personal details, such as name and address, and identification like a driver's licence.
  • The transfer details, including how much you want to send and how you want to pay for it, as well as information such as the reason for the transfer.
  • The recipient's details, including their name, mobile number and other information.

How to send money to Somaliland without a bank account

Both cash transfer services and mobile money transfers can be used without bank accounts.

What to look at when comparing money transfer services

If there are too many options, it can be difficult to compare them all. Some of the things you can look at to make the decision easier include:

  • Fees. Look at how much you're being charged and see if it's a flat fee or it's percentage-based.
  • Exchange rates. If currency conversion is involved, consider the exchange rates you're quoted. This can make even more of a difference than the fees.
  • Transfer speed. How long will the transfer take? If you're not in a hurry, there might be a cheaper but slower option available.
  • Payment options. Find a payment method that works for you. For example, if you don't want to make a bank transfer, you may want to look for a service which lets you pay with cash through an agent.
  • Delivery methods. How does the recipient want the money? Do they want to pick up cash, get it sent to their bank account or to their mobile phone?
  • Customer service. Make sure you know who to contact in case something goes wrong and that they can help you if needed.

Foreign exchange rates explained

Foreign exchange rates are how much of one currency you can get for another. It's worth checking the exchange rates at the time of your transfer because it lets you see how much of a cut a transfer service is taking on exchange rate margins.

Generally, the best exchange rates will be the ones that are the closest to the official exchange rate (shown here) at any given time.

Today's exchange rate AUD to SOS

Updated: 26 Sep 2021 16:43:01 UTC

Cash pick-up locations in Somaliland

More guides on Finder

International Money Transfer Offers

Important Information*
Logo for Azimo International Money Transfers
Azimo International Money Transfers

Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.

Logo for TorFX International Money Transfers
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.

Logo for MasterRemit International Money Transfers
MasterRemit International Money Transfers

New customers get their first transaction for free with code FIRSTFREE. T&Cs apply.
Send money in minutes at competitive exchange rates with this Australian money transfer service.

Logo for OFX (Ozforex) International Money Transfers
OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site