Safety Tips for Sending Money Abroad (Avoiding Scams and Fees)
There’s a lot of education and information out there when it comes to sending money securely and safely abroad, but somehow, people still get caught in scams or lose money to hidden fees. According to the Global Anti Scam Alliance over 1 trillion dollars was stolen from consumers in the past year. If you have lost money before it's something you don’t want to experience again and if you have not, it's better you stay up to date to keep it that way.
Here are essential safety tips to keep in mind when sending money abroad and how Zole, a trusted remittance app, helps you avoid common pitfalls.
1. Use a Trusted and Licensed Money Transfer Provider
Always ensure you're using a regulated and reputable service. Scammers often pose as legitimate financial providers, offering "too good to be true" rates to trick users. In a bid to look for affordability, many fall for these schemes. What good is it to have good to be true deals when the money will never arrive?
One of the first things you must consider when sending money is to use a platform like Zole. Licensed and trusted by thousands of users worldwide. It uses end-to-end encryption and multi-layer security to protect your transactions.
2. Beware of Hidden Fees and Bad Exchange Rates
Some platforms charge sneaky fees or use poor exchange rates to make extra profit, leaving you with less money on the other end.
With Zole, you get:
- Transparent pricing
- Real-time exchange rate visibility
- Low transfer fees with no surprises
You know exactly what you’re sending—and what your recipient will receive.
3. Stick to Secure Channels
Avoid sending money through unofficial platforms like social media chats or email. Always use apps or websites with secure payment gateways.
The Zole app is built for safety and simplicity. From sign-up to sending, every step is protected by secure technology. Plus, the user interface is beginner-friendly, even for first-time senders.
Babatunde Fashola
4. Double-Check Recipient Details
A common mistake that leads to lost funds is entering the wrong recipient information. Before hitting "send," confirm:
- Recipient’s full name. This is because we usually have multiple contacts with similar names
- Bank or mobile wallet details. Very important. Use a pin to count the zeroes if you can
- Country and currency. We know that you entered these but can you just check again
Zole helps to reduce this risk by ensuring you save the contact details of your family or friends
5. Track Your Transfers
A reliable money transfer app should let you track your funds. If your provider doesn’t show real-time transfer updates, that’s a red flag.
Zole offers real-time notifications and a detailed transaction history, so you always know where your money is.
6. Watch Out for Scams
Be cautious of messages claiming to be from banks or remittance services, asking for your login or payment information. Legitimate companies will never ask for your password via email or SMS.
Zole will never contact you asking for sensitive info. Plus, with its in-app customer support, you can easily report suspicious activity or ask for help.
Why Zole is a Safer Choice
When sending money internationally, don’t leave safety to chance. By choosing a trusted platform, being vigilant with details, and staying informed about scams, you can send money with confidence.
Zole isn’t just another remittance app. It was designed for Nigerians abroad, with security, transparency, and convenience at its core. Whether you're sending money from Nigeria to Canada or from Canada to Nigeria, Zole keeps your funds—and your peace of mind—secure.
The Zole Blog is more than just a collection of stories — it’s a vibrant community of Nigerians in Canada and beyond, navigating new beginnings, celebrating milestones, and learning through every step of the journey. We share real-life experiences, practical travel advice, money transfer tips, and so much more to help make your international life simpler, smarter, and more rewarding. Click here to subscribe.
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