The Real Cost of International Money Transfers 💡
Here's what's really happening when you send money abroad: Hidden Costs to Watch Out For:
- Transfer fees - what you're charged to send
- Exchange rates - how your money is converted
- Hidden markups - the sneaky extra costs
Most banks and fintechs advertise "Zero or Low Fees!"
But here's their secret: they hide their profits in marked-up
exchange rates. So while you might not pay a transfer fee, you're actually getting less money at the other end. At ChitChat, we believe in total transparency:
- We use the real Mastercard exchange rate
- Our fees are clear and upfront - no surprises
- What you see is exactly what you get
Because we think you deserve to know exactly what your money transfer costs. Simple!
If you don't already have a ChitChat app, getting started is incredibly simple. Just download the app from www.onelink.to/chitchat and sign up for your account. Once you're in, head to the Wallet section, tap Send Money, and select Zimbabwe.
ChitChat offers different options of how to send your money. Choose the option that suits you and works well for the person you are sending to. For sending money to Zimbabwe, the options supported by ChitChat are:
Lightning-fast mobile wallet transfers or
Convenient cash pickup at 60+ CBZ branches
Sending to a Mobile Wallet:
• Enter your recipient's details (phone number, name, and address)
• Enter the amount you are sending;
• Review the fees and confirm your transfer
• Money arrives in less 240 seconds!
Sending Cash?
In Zimbabwe, we can send cash via Commercial Bank of Zimbabwe (CBZ), who have over 60 branches nationwide.
• Enter recipient's details
• Pick their preferred CBZ branch location
• Confirm and send
Your recipient gets an instant SMS with collection details and document requirements.
Every transfer with ChitChat is secure and traceable.
Your recipient's details help us prevent fraud and
ensure the right person gets the money.
Plus, our Mastercard rates mean more money reaches your loved ones.
How much will it cost?
When you make your deposit into ChitChat, we accept any currency and convert it into USD. When you send to Zimbabwe, you will be sending USD to USD so you will not be charged foreign exchange fees. Enjoy the savings!