Senvia Pros and Cons

Among the many companies offering money transferring services in Canada is Senvia Money Services, Incorporated. The history of the company can be traced bank in 2003 when a low-cost money transferring solution was introduced in the Jamaican market.

In order to use the services offered by Senvia, the first thing that you need to do is register and complete the enrollment form available on their website. In the registration process, you would need to think of a personalized password in order to protect your account. As soon as you are registered, you can already start sending money to your friends and families out of the country.

The main advantage of using Senvia is that they charge significantly lower fees for the money transferring services that they offer. When you compare the rates of Western Union and Senvia, for example, the latter offers relatively low charges and fees.

Another plus point to using Senvia is that you can access your account 24/7 right in the convenience of your own home, so you can conveniently send money abroad anytime.

One disadvantage to the services offered by Senvia is that there is a limited number of payout locations. The funds transferred can only be claimed from Guyana, Jamaica, St. Kitts and Nevis, St. Vincent and Grenadines, and Trinidad and Tobago.