Tuesday 7 August 2018

9 Easy Ways To Send Money

9 Easy Ways To Send Money 


At some point, everyone owes something to someone. Maybe he owes a lunch to a colleague, or a friend bought him a ticket from the game or a friend sold him his DVD player. You can even hire independent professionals abroad and want to pay for them. Anyway, why not send money online immediately? Therefore, today we will see some simple ways to transfer money in any international, local or one-day bank account.

1. Wire transfer

Making a bank transfer is as simple as making a phone call. Enter the name of the recipient, the bank account number, the SWIFT code (international transfer) and the bank routing number of the receiving bank. You also need to have your own bank account. Alternatively, you will need a computer or phone with an Internet connection to log in to your account. Or call or visit the bank. Determine the number of electronic transfers. Keep in mind that banks charge a small fee for such transfers, which may vary if they are sent internationally.

2. Request for cash for parties

If your recipient has an account in the Square Cash application, you can also send money online immediately. On the other hand, you may or may not have an account here. However, you need to know the URL of the recipient's box label. This is a great way to send money online immediately, but it is not available outside of the United States. Other main applications include Venmo.

3. PayPal

This is the best way to transfer money internationally or nationally, and you do not need to have a PayPal account. If you do not have an account, ask the recipient to create a PayPal link and send it to them. You can also use your SignUp link to send money with a credit card. The advantage of using this method is that you can send a large amount of money internationally, and the transaction is quite fast. PayPal also has its Xoom service that can send money worldwide, recharge mobile phones and pay bills.

4. Western Union

There are several options for Western Union. You can use a debit or credit card to transfer money to other national or international bank accounts, Western Union agents, mobile wallets or from your bank account to the location of your bank / agent account. The cost of these transactions ranges from $ 5 to $ 10. Cash withdrawal using this method is considered the fastest. In terms of shortcomings, this method of using a debit card to send money online is quite inconvenient for a small amount.

5. TransferWise

Most banks charge up to 5% of the hidden fees. TransferWise is almost 8 times cheaper. The advantage of using this method to send remittances internationally is that they use the average or intermediate market exchange rate between buyers and sellers. One disadvantage is that without online chat, they also have the greatest transfer restrictions. Read your comments before using TransferWise to send funds.

6. Check

Personal checks are the safest and easiest way to send money to people. This is a safe method for payers, since personal checks can be canceled at any time. However, there may be some inconvenience for the recipient because your bank may or may not accept foreign checks. In addition, the beneficiary may have to pay the exchange rate. This method is also slow due to the need to send the check by mail. Some checks are only valid for a certain period of time that exceeds this period.

7. Remittances to the email address

Many banks offer this convenient way to send money to people who do not have a bank account. Log in to your account and go to the "Transfer" tab. Choose the option to send money to your email ID or phone number. This is a low cost way to send money.

8. PoPmoney

You can use your mobile phone to send money to anyone at PoPMoney. It's simple and secure, and you can register directly on your website or through your bank account. You can use PopMoney to send money, send a request for payment and even collect money from the group. It is also easy to set up regular payments with this system.

9. WorldRemit

Are you looking for the best way to be simple, fast, cheap and remitted internationally? Try WorldRemit because they offer a free first transfer.

As you can see, there are many ways to send money to someone who does not have a bank account, online or with a debit card. However, all this requires your attention. Explore a variety of options so you can make informed decisions.

James Skinner

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