Many people in the world today, at this moment, are making a financial transaction that has to do with sending and receiving money. Since the invention of cash, as we know it, we have all had the urge to know how to send money or make money transfers easily online to another person, so we have been looking for the best way to send money online.
The main characteristic is that it is the most economical way to send money, of course, that some users not only want it to be economical but also they must know how to send money safely, how to transfer money quickly and make it a transfer of easy money.
Why has this need to transfer money around the world arose?
Well, the importance of sending and receiving money can be mainly due to global growth and the growing economy, which makes business, social, work and student life not only local but now people broaden their interaction worldwide.
This growth makes people and businesses move, open branches and connect with all places, also supported by the simultaneous evolution of technology. Then, the causes that promote the sending and receiving of money can be many.
But we are not going to talk about commercial financial operations, in this article we want to focus on how to transfer money to another person. We will try the following points:
We will try the following points:
What are the money transfer options and determine the best way to send money today?
Given the hectic life we lead, many of us want to do all our chores quickly, and even more, if it is tedious and boring paperwork like going to a bank to make a long line to transfer money abroad. For this reason, all money transfer companies such as banks, exchange houses, and other financial operators, as well as major telecommunications companies have moved and have created new systems and technologies that are easy to use, to satisfy precisely that required to send and receive money that we look for users, so we offer instant money transfer services, without leaving aside the security and the commitment of these companies with the American users.
It’s great to know that we have many options available to send and receive money.
We can send money anywhere, as there are sites to send money in online at our place, and we also have an application to send money, which makes the need to send money fast is safe and very reliable.
As we have investigated, we have the following alternatives and ways to transfer money: Sending and receiving money has never been easier than now.
- Exchange operators that offer money transfer services: they are money transfer agencies.
- Banks and financial institutions with a presence in almost every country in the world.
- Virtual payment platforms, not banks, work like an electronic wallet. Among them, we have PayPal, Neteller, Payoneer, Payeer, Okpay, 2clicpay, etc.
- Money transfer application that is adjusted to be used from your smartphone or iPhone. These can be independent or can be derived from an additional service offered
- by a banking institution or a forex operator.
Ways to send money Easily
After choosing what that agent will use, we choose the way we want to carry out that transaction.
A. Send money in person
When we want to make a shipment in person, either because we do not like to use technology or simply because we are on the street, we can choose two types of forms, these are:
- Money transfer companies
- Banks and other financial institutions
Money transfer companies:
To know how you can send money to someone, go directly to the nearest money transfer agent, there are many of these agencies, for example, just to mention some are: Western Union, Money Gram, Xoom, Walmart and there are many other very good . as well. From there, with the help of a person in charge, you can request information about the services they offer and choose the way you benefit the most.
Some of the MONEY TRANSFER SERVICES offered are:
- Money remittance and money remittance services online
- Make an international money order
- Transfer cash to a bank account
- Transfer funds from credit card to bank account
- Transfer money from a debit card to another bank account
- Transfer money to another card, either debit or credit from the recipient
- Transfer money internationally
- Mobile money transfer
- Send money online using the checking account
- Send money abroad at the post office
- International money order
Banks and other financial institutions:
In each country and depending on its monetary regulation there are banks or banking entities that are able to carry out this type of transactions. Surely not all the banks in the world, but 90% all have the power to send money abroad.
You can send and receive money from almost any bank and correspondent to and from anywhere in the world.
Through them, you can send and receive money to an account directly from your checking or savings account abroad. For this procedure, the quick code of the bank that receives the funds is required, in addition to the name, identity document, telephone number, city and account number of the person receiving the money order.
Normally it is requested that it be removed in a certain number of days since it will not be returned to the base bank. Check with the financial institution for the procedures and costs of this service before doing it.
- Transfer money between bank accounts
- Instant online transfer
- Request a bank transfer to a bank account
- Request a prepaid debit card to send it to the recipient in another country
- Request a check to send and be cashed in another country
- Transfer funds to an account on your behalf abroad
- Transfer of money to a bank account
- Bank transfer from bank to bank
Make the transaction from the website of the money transfer companies
Online bank transfer
Transfer money from one card to another online
Transfer money using a credit card
Send money from the online checking account
Send money to an online bank account
Send money to school
Send money to the family
Send remittances of money
Send money to the card
Send money to the credit card
Send money to the inmate
Send money with checking account
Send money with one card debt
Send money directly to a debit card
Send money directly to a bank account
Send money electronically to other virtual portfolios
Electronic transfer funds
Bank transfer Vs wire transfer
The cheapest way to send money using online payment platforms
They are popularly known as electronic wallets
These are the gateways or payment methods commonly used as payment transfer in virtual stores because they are very safe since there is no need to expose bank or card data directly to the online shopping site.
They are popularly known as electronic wallets
How to use App to send money?
- Samsung Pay
- Apple Pay
- Facebook through Messenger
- Gmail through Google Wallet
- Snapchat I think your method called Snapcash
- And even WhatsApp also joined the mating trip with other banking applications such as ImaginBank (La Caixa) and, BBVA.
Top most popular money transfer application are:
- Yaap Money
- Small World
- Circle Pay
- Square Cash
- World Remit
Money Transfer Rates
The country of destination: given that in some countries there is no free reception of coins, there is no change of currency and, therefore, no remittances or payments are received from other countries.
Exchange rate. This is important because the value of the currency differs in each country.
The shipping time. It refers to the time it takes for your beneficiary to receive the money.
Limit the amount of the shipment. Some companies have a maximum amount of shipping. If the value you need to send exceeds the amount, you would have to make a second shipment, which would give you a double commission payment.
How can someone send me money as an international remittance?
As we have seen, there are many ways to send your money, but to send money to relatives of remittances some agencies have a special treatment and, therefore, special rates to send money.
Usually, the money transfer is used to send money to the family and these are sent to agencies or exchange banks. When the recipients of the money are elderly, the traditional method is used because they are not familiar with the application of sending money and, in some cases, they are afraid of the online world.
In this case, simply the person who sends the transaction in the way that best suits their expectations and that is withdrawn is approaching a branch in the destination country to personally claim their money.
The company or bank notifies the recipient/beneficiary by email or by telephone that the remittance can already be cashed, where a commission is deducted before delivery.
The main advantage of this method is its low cost and the security of the transaction. While a disadvantage could be the delay in receiving the money that could be 24 to 48 hours.
We must congratulate the fact that today it is much easier to transfer money around the world. In the past, the choice was whether the family, friends or acquaintances returned to their communities of origin, but it was a long time to receive the resource or not to arrive. Later they evolved into today’s alternatives.
Even in some countries where there are no exchange agencies like Western Union or MoneyGram, what is done is to send a check by mail or packages and then the beneficiary must go to the bank to collect it or deposit it in his account… Although it is not as popular, it is a safe medium also a little delayed.
On the other hand, if the objective is to know how to send money the same day and even in a few minutes, we can choose other modalities to send money electronically.
How to send money to someone without a bank account?
They are carried out by companies and banks with branches in the other country, then the money is delivered and the company transfers it to the place of destination, where it can be charged in bank branches, exchange houses, pharmacies, gas stations, local chains, telegraphic offices, among others.
How to send money whit a Bank Account?
To make transfers through sending bank accounts: a bank account is required in the country from which the shipment is made and, when it is deposited, the beneficiary in the other country can load it in an ATM or window, mainly.
Send money online fast
Money transfer over the Internet: charged to a credit, debit or bank account; You can transfer money from the page of the company that provides this service, you will recognize it when you say “send money online”. You only need to indicate where the money and beneficiary data will be discounted.
Transfer money between banks
Send money to another bank account through an electronic transfer: it is a service to send money from a bank account to a bank account and for this, the users or some financial institution must be subscribed to the service in the United States so that they can send and receive money in an account in another country.
The shipment you make in dollars and the payment to your beneficiary is made with the exchange power of that country, with a very competitive exchange rate in the market.
Currently, only US payments UU They can be sent to Mexico. For your shipments, you must know the standardized bank password “Clabe” (18 digits) or the debit card number (16 digits) of your beneficiary in Mexico. Transfers through bank accounts can be an alternative to security, speed, and cost