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No bank account? DoesnÔÇÖt matter, send money hassle-free!

Friday, 20 January 2017
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Are you an expat in UAE with your family living in a remote village in your home country?

They must be totally dependent on you for the money you send month on month for their expenses. Sometimes, it may so happen that you may have to transfer money to a family member or friend who doesnÔÇÖt have access to a bank account. Sometimes you may have to send money urgently due to some medical or other exigency. Sending money via banking channels may not be the most efficient, quickest or cheapest way.

What are your alternatives?

A simple and effective way to send money is via online money transfer service providers such as money2anywhere.com. The reason is that your recipient does not need a bank account and through the cash payout facility across 180,000 agent locations in 160 countries, your loved one can receive cash within minutes. Money transfer is simple and easy. You can do it from anywhere, anytime at just the click of your mouse.

When we say itÔÇÖs simple, yes we mean it. It works in 5 simple steps:

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You need to be sure that sending money via cash payouts are safe, secure and your information is kept confidential. Security measures such as 128-bit Secured Socket Layer (SSL) encryption technology, the protocol used by all responsible websites on the internet that prevents any unauthorised person from accessing your account details online, needs to be in place.

Your recipient only needs to take their 16 digit XPIN and a valid ID to receive the money. When the beneficiary of the money transfer receives money, you get an SMS alert that the money has been received. In fact you can track your money with transaction trackers that allows you to keep track of your money at every step of the way.

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Think about it ÔÇô going to a bank and transferring money means standing in long queues, incurring high exchange rates, and most importantly, the beneficiary needs a bank account. With service providers such as Money2anywhere, you can simply call, and their agents located worldwide will pick up your cash , ensure safe passage and transfer to countries from Australia to Yemen. It canÔÇÖt get any better than this.

Incidentally, online remittance service providers give you options to transfer money to bank accounts as well. Of course the pre-requisite is that the beneficiary must have a bank account. But now you know better.

Bank accounts are really not necessary if you need to transfer money ÔÇô itÔÇÖs truly anytime, anywhere!

Last modified on Friday, 20 January 2017 11:38