Read More About Bakaal

Bakaal is a money transfer solution provider to consumers and money transfer organizations by employing the latest innovation in technology.
At Bakaal It’s all about finding a solution to the challenges our customers and partners face in their quest for easy, secure and efficient money transfer needs. We want to be a part of your solution – whether it is that urgent transfer for emergencies, regular monthly bills or sending for that special occasion – by offering you a convenient way to send money back home through Bakaal or partner organizations.Bakaal offers the best network coverage thanks to our partnerships with established entities around the world. Our partners include:
  • Banks and financial institutions
  • Telecom operators
  • Established money transfer businesses
We are constantly working to expand our network so we can offer our customers the best money transfer service available.
Our Mission is to lead Money Service industry and strive to provide our patrons a steady, proficient and reliable value for money services & solutions that are receptive to their needs and avoid to hitch with these challenging times and complex regulatory and compliance requirements and show them the Digital payment evolution in a blink of an eye
We demonstrate compassion and empathy with a sense of social responsibility to master that its everybody’s right to attain freedom of financial services and financial inclusion
To become the most customer centric MSB provider, where customers can feel inclusive as owners and realize the kind of service they might anticipate with an unimaginable time and cost savings, we believe customers are our benefactors
Our Team

Abdi Ali Mohamud, CEO
Mr. Ali is the founder and CEO of Bakaal Money Transfer with over 35 years of experience … in business, in particular over 15 years of experience in the money transfer business. He previously worked as an entrepreneur in different industries including, Trade, Logistics, Petroleum, Agriculture and Business consultancy.

Abdifatah Ali Adam, CFO
Mr. Adam is partner and part founding team of Bakaal Money Transfer. He holds post graduate degree in accounting and has held various positions in the corporate sector in Australia. He is the finance director for Bakaal responsible for planning and budgeting, treasury, liquidity management and corporate finance.

Idle Abdirahman, CCO
Mr. Abdirahman holds Financial Services Management from University of Salford in UK with more than 17 years business experience. His previous roles include, Programme coordinator at American Refugee Committee in Somalia and Senior Finance Assistant at United Nations World Food Program in Somalia.

Mohammad Azeem, CIO
Mr Mohammed Azeem holds a Degree in Commerce and Computers having 16 years of experience in Enterprise Applications Development, Project Management and Team Management. Developed and implemented enterprise level web-based & client-server software applications.

Why Choose Bakaal?

Easy to use and available around the clock
Money will be available in minute.
Our low fees exchange rates are shown from start