The Best Way to Send Money to Belize

Bank-to-Bank Wire Transfers
1. Visit a bank and send the money by wire transfer. This is the easiest method available, though the most expensive. Give the bank your name, the recipient's name and address and bank information (account and routing number).
2. The transfer can take from a few hours to a week. Confirm with your bank how long it will take. The recipient will have to go to the bank to pick it up, or it can be deposited directly into his account.
3. Fees for wire tranfers differ slightly from bank to bank. For example, in sending money to Belize, Bank of America charges $35 to $45 to the sender and $16 to the recipient.
Bank-Centered Service Companies
4. Try a dedicated money-wiring service like Western Union or MoneyGram. They use the same wire-transfer technology as the bank, but they streamline it so you can do it on line. As with a bank wire transfer, it takes a few hours to a week. The cost is lower: $5.00 to send $50 to Belize.
5. Visit MoneyGram or Western Union's home page and create an account or sign in. Fill in the country of origin and the recipient's country, choose a delivery option, and then click 'Continue.'
6. Enter the amount and type of currency. Fill in the tecipient's name. Put in your credit-card number to pay for the transaction amount plus fees. You'll see a date when the money will be available in Belize and a confirmation number. Send this information to the recipient, which he will need to receive the money.
Email-Centered Companies
7. Use PayPal if you know the recipient's email address. There are other email-centered companies, but Paypal is the most established. PayPal charges $1.50 to send any amount up to $300 to Belize. The recipient will receive an email telling her the money has arrived. It will be available to her immediately.
8. Find the PayPal home page and sign up if you don't already have an account. Registration can take several days. As part of the process, PayPal will make a small transaction with the bank account or credit card you're using, and you will have to verify that information.
9. Once you have an active account, sign into PayPal and click on 'Send Money.' Enter the email address of the recipient, plus the amount and type of currency. Attach an optional label to the transaction that reminds you of its purpose. Click 'Send Money' to finalize the transaction. The recipient will receive an email telling him he has received the money. He can then transfer it to his bank account.

How to Open a PayPal Merchant Account

1. You can avoid the hassle and risk of credit card transactions or simply add an alternative by adding a PayPal Merchant Account to the payment options of your website. You can even create you own shopping cart rather than having to 'rent' one if you use PayPal to handle payment on all your business orders.
2. PayPal has a convenient recommendation wizard set up to help you set up the kind of payment system that will best fit your business. You can choose from up to eight different ways to set up your business transactions.
3. You will need to set up your account first. Paypal lets you choose whether you will need a Premier Account for individuals buying and selling online, or a Business Account which would be if you want a merchant account for a company or group name.
4. Actually getting your PayPal merchant account registered is then just a simple process of filling out the requested forms. You can go directly to the site to open a PayPal Merchant Account by following the link under Resources below.
5. Once you have your PayPal merchant account set up, selling items on the internet will be fast, easy and secure!

How to Join Investment Clubs With PayPal

1. Log in to your PayPal account online.
2. Send a one-off payment by clicking 'Send Money.' Enter the email address or phone number of your investment club head in the 'recipient' list.
3. Enter the amount of money you want to send and the correct currency. Select 'Purchase' from the list of options, and then click 'Continue.' If you wish to change your payment method, you can otherwise click 'Send Money.'

How to Use PayPal API

1. Enter your PayPal Business account username and password at PayPal.com and select the "My Account" tab. Click the "Profile" link and choose "My Selling Tools." Click the "Update" link in the "API Access" row. An API Access page appears.
2. Request API credentials for your own use by clicking the "View API Signature" link. This option enables you to get the credentials necessary for customizing your website with a PayPal API. It also enables you to use preintegrated shopping carts that run on your own server.
3. Copy the API Username, password and signature fields. Paste theses PayPal API credentials into a document for safekeeping. This is the information you need for configuring a preconfigured shopping cart or building a custom shopping cart yourself. Keep your credential information secure. Do not share your API username, password or signature with anyone.

How to Get a Verified PayPal Account

1. Go to the PayPal website. Click on 'Sign Up' at the top of the screen.
2. Choose the country in which you live and the language you commonly speak. Decide whether you want a personal, premier or business account. You may get a verified PayPal account with any of these types of accounts. A personal account is typically reserved for individuals who shop or share money with others on the Internet. A premier account is typically reserved for people who buy or sell products on the Internet. A business account is typically reserved for those who use business names for their buying and selling.
3. Fill in information about yourself like your email address, name, address and phone number. Include your business name and business information, you are signing up for a business account. Read the PayPal User Agreement and Privacy Policy. Click on 'Agree' and 'Create Account.'
4. Check your email for a confirmation email regarding your PayPal account. In that email, click on the link to confirm your account.
5. Click on 'Add Funds' at the top of the PayPal screen. Click on 'Add Funds by Electronic Funds Transfer.' Then click on 'Add Bank Account' in the middle of the screen.
6. Type in your bank name, account type, routing number and account number of a checking account or savings account that you want to add to your PayPal account. Your name and address with the bank you are adding must match the name and address you gave PayPal when you signed up in Step 3. PayPal will then make a small deposit into your account.
7. Check your bank account in three to five days to see what the amount of the deposit is. Log back in to your PayPal account and click on 'Verify PayPal Account.' Type in the exact amount of the deposit and click Submit. A page will come up that you now have a verified PayPal account.
8. Click on PayPal Plus Credit Card on the left side of the main PayPal screen once you have logged into your account to add a PayPal Plus credit card. This is the other way in which you may get a verified PayPal account. Fill out your name, address, phone number and social security number on the application page. Click on 'I Agree' to confirm that you are requesting a credit card. Once you are approved for a PayPal Plus credit card, you are also a verified PayPal account holder.

How to Make a Money Transaction Over the Internet

Paypal Transaction
1. Navigate to the Paypal Website. Click 'Sign Up' to create a Paypal account.
2. Verify your new Paypal account. After creating an account, you will be asked to verify your bank information by reporting a Paypal deposit in your account (usually 2 to 4 cents).
3. Click on send money. Once your account is verified, you can make a money transaction with anyone else who also has a Paypal account.
4. Enter the email address or phone number of the person who is to receive your payment. If you send money to an email address or phone number of someone without a Paypal account, he will be prompted to easily create one.
5. Enter the amount and payment information. You can pay using funds from your bank account, credit card or Paypal account balance. After confirming the amount, click send money to finish the transaction. Paypal will email you a receipt.
Western Union Transaction
6. Navigate to the Western Union Website. Click 'Register' to create an account.
7. Click 'Online' to send money over the internet.
8. Select the state where the money is being sent from. Select the state where the money will be sent.
9. Choose the service you want. 'Money in Minutes' sends money to a Western Union location. 'Direct to Bank' will deposit money directly into the recipient's bank account.
10. Enter the required information and the amount. Click 'Send' to begin the money transaction. You will receive a confirmation from Western Union.

How to Cancel or Close your Pay Pal Account

1. Pay Pal can be a great alternative to having a regular merchant account, as set up is fast and simple. However, sometimes people outgrow their account, and find themselves ready to move onto another processor. If you need to cancel your pay pal account, the first thing you need to do is log in to your Pay Pal Account.
2. You should be on the home screen. Click on the "My Account" tab.
3. Click on the "Profile" subtab. There is no need to scroll through the options you see; simply click on the actual words; it is a link.
4. Click the "Close Account" link found in the account information column.
5. Follow the instructions provided. You may simply receive a confirmation message that your account has been closed successfully, depending on your current account standing. If you owe money or your have disputed items pending, you will be unable to close your Pay Pal account until they are resolved.
6. Once your Pay Pal account has been closed, you might want to consider looking into getting a regular merchant account for your personal or business banking needs. Merchant accounts have competitive rates that are usually much cheaper than Pay Pal, and can provide you with a lot of great perks that you didn't have before. Just be sure to research and compare some of the merchant account set up fees, and gateway charges before you commit to one company.