How to Send Money Transfers Domestically & Safely

Money transfer services are very convenient

When you are in a bind, the ability to have a friend or family member wire money can be a lifesaver. Whether you lost your wallet while on vacation or found yourself the victim of a robbery, getting cash back in your pocket provides real peace of mind. But if you are the person doing the wiring, it is important to take some safety precautions before parting with your hard-earned money. There are a number of scams that revolve around money transfer services, from bogus mystery shopping deals to claims of lottery winnings. Falling victim to one of those scams could put a real dent in your wallet.

Things You'll Need

• Recipient's name and address
• Cash
• Cash transfer form

Instructions

1. Be extremely wary about wiring money to someone you do not know. There are many scams associated with wiring money, and the relative anonymity of the transaction makes it a prime target for thieves.

2. Get the full name and address of the person to whom you will be wiring the money. Be sure to get the person's full legal name. In order for the recipient to pick up the money, he or she will need to present identification, and it is important that the names match.

3. Look for Western Union, Moneygram and other wire transfer services in your area. Money transfers are often available at check-cashing stores and similar sites, as well as many Greyhound bus terminals. In addition, many Wal-Mart stores around the country have Western Union and other money transfer services.

4. Ask the clerk behind the counter for a money transfer form, and fill it out completely. Don't hesitate to ask questions if there is something you do not understand, as clerks are trained to help customers fill out the forms correctly.

5. Give the clerk the completed form, along with the cash you wish to send and any associated fees. Wait for the transaction to go through, and don't forget to take your receipt.

6. Follow up with the recipient to make sure he or she was able to pick up the money you sent. Contact the wire transfer company if there are any problems.

Tips & Warnings

• Don't take your cash out of your wallet until you are ready to hand it to the clerk.

• Be aware of your surroundings at all time, especially when you are carrying large quantities of cash.