Question 1

Is KeyBS Pay cheaper than TransferWise for African payments?

Accepted Answer

Yes. KeyBS Pay charges a flat 1.5% fee on African corridor transfers. TransferWise charges 2.5–4%+ on equivalent corridors, and Ghanaian/Nigerian banks typically add 4–6% spread on top of wire fees. On a $10,000 transfer, KeyBS saves you $250–$450 compared to the alternatives.

Question 2

Does TransferWise support Nigerian Naira (NGN) and Ghanaian Cedi (GHS)?

Accepted Answer

Wise has very limited NGN support and does not support GHS for business use. KeyBS Pay natively supports both NGN and GHS with same-day settlement.

Question 3

How long does a transfer take with KeyBS Pay vs TransferWise?

Accepted Answer

KeyBS Pay settles most African corridor payments same business day. Wise typically takes 1–3 business days for African corridors and does not support NGN.

Question 4

Can I pay suppliers in China, UAE or India with KeyBS Pay?

Accepted Answer

Yes — KeyBS Pay supports outbound payments to China (CNY), UAE (AED), India (INR), UK (GBP), and Europe (EUR) from African accounts. This makes KeyBS ideal for African importers paying overseas suppliers, where TransferWise either doesn't support the corridor or adds significant FX spread.

KeyBS Pay vs TransferWise (Wise)

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