- Use promo code 3FREE to get three free transfers
- Easy to use with round-the-clock help
- Get cash to family and friends in minutes
If you need to send money overseas to loved ones who don’t have a bank account, look for a money transfer specialist that offers cash pickups. These types of transfers are secure and fast, with pickups available worldwide in minutes. But watch for higher fees and weaker exchange rates than deposit transfers.
Compare transfer fees, exchange rates and other details when sending money overseas with partners offering cash pickup.
A cash pickup allows your recipient to pick up their money in cash from a physical location, instead of through a digital deposit into a bank account. The process varies by company but typically requires four steps:
The best-known providers of cash pickups are Western Union and MoneyGram. Western Union allows you to send money online or in person at more than 500,000 locations in over 200 countries. MoneyGram also offers online and in-person transfers to more than 200 countries, with some 350,000 agent locations around the globe.
Some providers allow you to process a money transfer without a bank account. This is especially useful for the unbanked and underbanked, because you can take cash into a physical location for sending around the world.
Other digital providers like WorldRemit offers cash pickups at select bank branches in countries worldwide.
Weighing the pros and cons of a cash pickup against your recipient’s needs:
No matter where you are in the world, picking up cash from a transfer agent can be dangerous. Stay on your toes with five easy tips:
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