How to Safely and Quickly Transfer Money in an Emergency

If you are looking for a quick, reliable, and safe option to transfer money to your loved one instantly, then you must review the following options to find the best provider:

Western Union holds the biggest network of 500,000 agent locations in 200+ international territories. In case of an emergency, you can safely and swiftly transfer money online, in person, through a mobile app, or by phone. Western Union lets you pay with a debit card, credit card, cash, and bank transfer. You can do a maximum transfer of $50,000 and a minimum transfer of $1. You can expect an excellent transfer speed. It takes minutes to transfer funds if you are using a debit or credit card for cash pickup. Usually, the transaction fee is 5% of the transfer. You can either visit a Western Union location near you or head to Western Union’s website to send money quickly.

When it comes to international money transfers, MoneyGram is the second-largest provider and delivers trusted services. It holds an extensive network of 350,000 agent locations in 200+ countries. Depending on local regulations & procedures, it takes minutes to transfer funds. MoneyGram is one of the fastest options if you are paying with a credit or debit card and choose the cash pickup location. In some international countries, you can even opt for a mobile wallet option for immediate cash pickup. MoneyGram allows a maximum transfer of $10,000 and a minimum transfer of $1. Its delivery speed takes minutes, but can sometimes take up to 24 hours. The transaction fee is 3% to 7% of the transfer.

In 2017, Zelle entered the market with its advanced digital payment network. It is one of the fastest options to deliver emergency money within minutes. Currently, Zelle has connected 95+ million people and holds an integrated network with 200+ banks. Zelle allows its users to transfer funds between bank accounts at different financial institutions. Zelle is best suited for domestic bank transfers. Zelle is considered an ideal peer-to-peer tool that works well with banks and credit unions so that customers can safely transfer money from their own bank’s website or app. They just have to register their profile.

WorldRemit is the fastest way to make an emergency money transfer. It lets you safely transfer funds to your loved one in need. WorldRemit has to offer great speed, better exchange rates, and low fees to its users. WorldRemit is convenient in so many ways as you can access it online or use a mobile phone app. It is active in more than 140 countries and provides flexible transfer options. You can use your bank account, debit card, or credit card to safely transfer money. WorldRemit takes 1 hour to transfer funds from one place to another and charge a transaction fee of $3.99. If you are wondering how to transfer money quickly, then signup now for a free account with WorldRemit.

For some international currencies, Xoom takes a few minutes to transfer funds to bank accounts. If you are looking for a quick and secure method to transfer money internationally to your loved one under an emergency, then you must consider Xoom for its high-quality services. Xoom promises fast money transfers to 70+ countries. However, the transfer limit is $10,000, but you can surely transfer up to $25,000 to some international countries. It is considered a cost-effective option to make money transfers. You can use a debit card, credit card, or even your bank account to make transfers. Most of your transactions will be done in no time.

Lastly, I have got email money transfers on my list because they offer a quick and reliable solution to send money internationally. Email money transfer services are being offered by larger banks and financial institutions with extensive networks. This method of money transfer works like electronic checks. It is not like that funds are going to be physically transferred through emails, but the transactions are initially conducted by emails. Primarily, your receipt will be notified via an email that the funds are available. Email money transfer is one of the safest options to conduct transactions because you wouldn’t need your receipt’s bank A/C number. A transfer is done by identifying the recipient through a security question. Later, the recipient can retrieve funds from his account.