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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
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No hidden fees
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Transfers are instant
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