Money transfer services allow you to transfer money between banks, across borders or from person to person without having to mail a check or carry the money yourself.
See some common questions and answers below
Money transfer services range from free apps like Venmo to the old standbys like Western Union. Wire services like Western Union are often used to send money to people overseas who may not have access to cell phones or banks.
Money transfer services cut down on risks of transferring money using a check or carrying cash. Plus it is easier to send money overseas.
If you need to transfer money quickly, a money transfer service will help you to send money.
The average fee ranges between free and $30, depending on factors like origination and destination, exchange rates, and other factors.
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