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Dahabshiil
3.6Est. 1970
Dahabshiil is the largest money transfer company in the Horn of Africa, serving the Somali diaspora and East African corridors with an extensive agent network.
Countries
40+
Currencies
15+
Speed
Minutes to same day
Fees
Varies by corridor ($3-$10 typical)
Pros
- Unmatched reach in Somalia and Horn of Africa
- 50+ years of operation
- Trusted by Somali diaspora worldwide
Cons
- Limited corridors outside Africa/Middle East
- Exchange rates less competitive than digital-first providers
- Less modern app experience
Key Features
Extensive agent network
Cash pickup in remote areas
Mobile money
Transfer Details
HeadquartersDubai, UAE / London, UK
RegulatedYes
RegulatorsFCA, Central Bank of UAE
Min Transfer$10
Max Transfer$10,000
Payment MethodsBank Transfer, Cash, Debit Card
Delivery MethodsCash Pickup, Bank Deposit, Mobile Money
Exchange Rate Markup1% - 4% above mid-market