Monday, June 24, 2013

How to Send Money Fast


Paypal
1. Send your money fast with your PayPal.com account. Assure that your payee has a valid email address that is linked to his own PayPal account (or ask him to open one in order to receive the money---it is a free process).
2. Click the 'Send Money Online' link on the homepage.
3. Enter the recipient's email address and the amount that you want to send. Choose 'Purchase' or 'Personal.
4. Log in to your PayPal account (or sign up for a new one). Pay with a credit or debit card---the money will be sent to the recipient's email and PayPal account instantly. He can use his Paypal debit card to withdraw the cash immediately or do a direct deposit to his account, which will take about three days. He will pay a fee of about 3 percent for the transaction.
Money Transfer Service
5. Go to your local MoneyGram or Western Union location to send money to your recipient immediately. You will most likely find one of these instant money transfer locations at a major supermarket or check cashing store. You can also go online to the company's website to send money fast.
6. Fill out a form with your recipient's name, city and state and pay the clerk the money you would like to transfer. You will also have to include a password that the recipient must recite in order to receive the funds.
7. Call the recipient to tell him the password listed on the application so that he can retrieve the money from a corresponding MoneyGram or Western Union location in his area. You will pay about $10 to $30 for this service depending on the amount.
Overnight Shipping
8. Purchase a money order from the post office or a store that offers them (costs about $1). Money orders usually clear faster than checks.
9. Visit the post office or shipping location early in the day, preferably before 10 a.m., to assure that the money order will be eligible for next-day delivery.
10. Ship your money order via Express (overnight) mail, which costs about $15 to $20. Request early morning delivery if that is an option---some services can only guarantee afternoon delivery. There are also same-day shipping services offered by companies like UPS and FedEx, but be prepared to spend as much as $100 for that convenience.
11. Be sure that your recipient knows to be home to receive the money order; if not, the shipping service may hold the package at the location, which could delay receipt by at least a day.

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