There are several easy ways to transfer money. Identity theft and financial fraud have become major problems in modern times, and sending cash or personal checks by mail is no longer the fastest or safest way to transfer funds. Of course, one of the primary ways to send money to someone nowadays is to wire funds directly from your bank account. This, however, requires a series of routing numbers and bank codes that may be more of a hassle than you'd like, especially if the person receiving the money doesn't have a bank account. A couple of alternative service providers make sending money simpler and faster. Check out your options to see which works best for you.
MoneyGram is a service that allows you to send or receive payments all around the world. You can send money to friends and family or pay bills with a business by using MoneyGram's online setup or by calling 1-800-MONEYGRAM. It is possible to transfer money to individuals or businesses both locally and to 186,000 secure money transfer agents in 190 countries and territories around the globe. Online you have the ability to pay the amount you want to send plus a small service fee via credit or debit card. You can also pay at numerous MoneyGram agent locations with cash or credit. You'll typically find agencies at supermarkets and convenience stores. After payment, you receive a unique confirmation code. You call or email the receiver to give them the code, and all they have to do is take some form of official identification along with the code to the nearest MoneyGram agent to receive the funds. This is an easy and safe way to transfer money almost anywhere in the world.
Western Union is another service provider similar to MoneyGram. You can transfer money in minutes to an individual or business around the world for pickup just like with MoneyGram. You can also transfer funds directly to a bank account or send money overnight to an address via FedEx within the United States. These transfers can be completed online or on-site at an agent location. Western Union also accepts transfers over the phone. The number is 1-800-325-6000. Western Union charges a moderate fee for all transfers, but they also provide a secure and rapid delivery.
PayPal is one of the most convenient and reliable ways to transfer money online. Sign up for a free account at PayPal.com and follow the easy steps to link your account to your credit card and bank account. This will allow you to make secure purchases online as well as transfer money in and out of your bank account as well as to other PayPal users. PayPal is the preferred service provider for major commercial websites such as eBay and is also one of the more commonly used tools for payment exchanges between Internet employers and contractors. Best of all, PayPal is generally free of fees and charges when you transfer money within the United States to other users. Electronic money transfers can also be sent internationally for a small fee. You can access funds from your PayPal and bank account or credit card anywhere there's an Internet connection, and PayPal uses the latest anti-fraud technology to protect all your private information.