TRANSACTION

A better way to send money

KEY TAKEAWAYS

• Traditional methods of sending money—such as through your bank—are still applicable today.

• Overseas transfers through your bank are possible, but there are additional fees charged for sending the money.

• New apps like Paypal and Zelle make it easy to send money to friends and family in a matter of minutes, with no fees.

• Western Union and MoneyGram can be used to send money to a different city, state, or country for a fee.

• Cash is another option for transferring money, as it is free to withdraw money from one bank and make a deposit at the bank where the recipient has a checking account

• Competitive exchange rates

No hidden fees

Transfers are instant

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