Dahabshiil
Somali-heritage remittance brand whose online service is run by TalkRemit, an FCA-regulated e-money institution with a Swedish arm for the EEA
Quick Overview
| Company | TalkRemit Ltd / TalkRemit AB |
|---|---|
| Category | International Money Transfer Services |
| Headquarters | London / Sweden, United Kingdom / Sweden |
| Founded | Not stated |
| EU Presence | Yes - Sweden (EU) and United Kingdom |
| Data Location | See privacy policy |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Online and app transfers, Africa-focused corridors, agent network, new-customer rates |
| Pricing | Fee and rate shown in the calculator; see website |
| Best For | Senders to Somalia, Kenya, Ethiopia, Tanzania, Djibouti, Ghana, South Sudan and Uganda |
| Replaces | Remitly, Western Union |
Detailed Review
The website says Dahabshiil has a 50-year record in money transfers, and that its online service is provided by TalkRemit, which has run digital remittances since 2015.
Its legal notice states that remittance services on the site are provided by TalkRemit Ltd, an FCA-regulated e-money institution (900825), and for EU/EEA customers by TalkRemit AB, regulated in Sweden.
Brand and operator
A traditional remittance name sits on top of a technology and licence stack that belongs to TalkRemit. The site states this openly, so the contract in your account is with TalkRemit.
Corridors
The site lists destinations including Somalia, Kenya, Ethiopia, Tanzania, Djibouti, Ghana, South Sudan and Uganda.
Offers
Special rates are labelled as for new customers only and limited in time.
Limitations to Consider
Corridors are Africa-led, so it is not a general-purpose sender like TransferGo. The legal notice also names TalkRemit Canada Inc., but your own agreement will be with the UK or Swedish company. Introductory rates apply to new customers only, and no destination count was read.
Who Should Use Dahabshiil
Diaspora senders to the Horn of Africa and East Africa who recognise the Dahabshiil name.
Pros and Cons
Pros
- Africa corridor focus
- FCA and Swedish regulated operators named
- Long-standing brand
- App and web
- Clear operator disclosure
Cons
- Narrow geography
- New-customer-only rates
- Brand differs from contracting entity
- No destination count published on pages read
Alternatives to Dahabshiil
Other European international money transfer services worth comparing before you decide:
TransferGo
United Kingdom / Lithuania · Vilnius-rooted sender paying out to 160+ countries from Europe
Paysend
United Kingdom · Scottish e-money firm with card, wallet and bank payouts
LemFi
Ireland · Migrant-focused app sending from Europe to Africa and Asia
Wise
United Kingdom · Per-use transfers and a multi-currency account, no subscription
See all European international money transfer services or compare them directly against Remitly on our alternatives page.
Frequently Asked Questions
TalkRemit, which provides the platform and regulated services.
The legal notice names the Swedish financial authority and institution number 59248.
Mainly African destinations such as Somalia, Kenya and Ethiopia.