Best Ways To Transfer Money Without Using A Bank Account

Best ways to transfer money without using a bank account
Transferring cash between bank accounts is not always the easiest way to send money. This is especially the case if you are sending money overseas; it can take days for the money to reach the recipient. This is obviously not ideal. There are ways you can send money which does not involve a bank transfer.

The aim of this article is to introduce you to some of these ways of sending cash to a recipient. We are going to provide you with some information that you should find useful when deciding on the best solution for your needs.


MoneyGram is an excellent means of sending money to someone if you want to use cash to do so. All you have to do is look for MoneyGram stores online, and find the one that is closest to you. Then you take along the money to the location, together with details of the recipient, and send it. You are not restricted to using cash at MoneyGram; you can also use a debit or credit card.

You have the ability to send money to an agent location in over 200 countries. You can also send payments to certain phone wallets and to a bank account if you choose to. One of the best things about using MoneyGram is that you can go online and estimate how much the transaction is going to cost you before you send the money. Western Union is a well known company similar to MoneyGram. They have however had fraud and safety issues recently.


PayPal has not always had the best reputation over the years; from a customer service point of view. It has improved its record somewhat of late. But, the main reason that people use PayPal is familiarity. It’s a global brand and many people have PayPal accounts. This makes it an easy way to send money to people, in many cases. You can use money that you already hold in your PayPal account, or top it up with a debit card or from your bank account.

One thing to be wary of is the charges that are involved when you send money overseas with PayPal. These fees for sending and conversion can work out to be expensive.

Square Cash

This is one of the latest mobile apps that enables you to send money from your phone to another phone or web address. You link a debit or credit card to the app and it’s a simple process to then send the money. It’s free to do this if you use a debit card but there is a charge if you use a credit card.

One of the downsides of this app is that when it comes to taking money out to a bank account it can take a while. The process can be made faster but you have to pay a fee of 1% for the privilege.

All of these methods of cash transfer have their merits. You need to make your choice of a solution to use based on your own individual requirements.

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