Money transfers

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asked Sep 25, 2022 in Other-Finance by Tilman (3,390 points)
Hello everyone, can anyone recommend a reliable money transfer service?

2 Answers

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answered Sep 26, 2022 by riaubsun (1,940 points)
Good and reliable money transfer services I've used are Moneygram and Western Union.

Western Union and Moneygram are reliable and legit money transfer services that have been around for a long time.

Never had any issues transferring or receiving money through western union or money gram.

You can also transfer money from your bank account to another persons bank account through ACH.

The cheapest way to send money internationally is to transfer funds directly from your bank account to a recipient's bank account.

Most transfer services charge additional fees for debit card or credit card payments and cash pick-ups.

Credit card payments will incur additional charges from your credit card provider.

A money transfer is usually initiated from one bank or financial institution to another.

Rather than cash, the participating institutions share information about the recipient, the bank receiving account number, and the amount transferred.

The sender pays for the transaction upfront at their bank.
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answered Sep 26, 2022 by Allert (4,960 points)

Hi all! When I needed to transfer money to Nigeria, I was advised to use the Sendwave app as it makes it very easy to send money. I contacted sendwave customer service to clarify all the details of working with this application, and I realized that to use their services and make transfers without commission, you need a debit card with which the transfer will be made. And my recipient will then be able to withdraw this money from partner banks.

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