Tuesday, July 3, 2012

Existing ways to send money to any country on the planet


In a world as standardized as we inhabit today, the transfer of money from one person to another has become now a task that often. For some time, since the bank was machined and could somehow be interconnected with each other, that such transfers presisamente not the physical presence of both parties. This has resulted, to send money has become a common task in which the transfer of assets is done almost automatically. However, today many procedures to do so prevalent. Let's write this article about some of these possibilities and the advantages and disadvantages of each.

Send money using a credit card: It is perhaps more boom mode, since the so-called "plastic money" also provides other possibilities and alternatives to sending money, on todosi is a prepaid card. Allows for example the web shop safely or dispose of our money anywhere in the world, provided they have access to an ATM. We can not forget either, that have this type of card is a symbol of reputation in many cultures. It is true that sending money is not made through credit card, which has no operation, by itself, to provide this service. However, the vast majority of them are affiliated with an online account that if we are able to make such transfers. Some companies can have more than a credit card associated with that account, so that owners can use anywhere in the world (for example, a father in Granada can withdraw money from an ATM while your child does who is on vacation in Bogota) Advantages: Agility of the operation, alternative uses to send money, it is essential in a bank account.

Disadvantages: The commissions can become high and should be consulted to our bank, it is essential to have an ATM nearby.

Send money informally: Almost everyone has heard of the case of someone who has traveled from America to Europe with an amount greater than € 10,000 in your pocket. The money in most cases not wholly owned by that person, but already in Spain must be distributed among the rightful owners (many people use this way to send money when you have family traveling in Europe, for example). It is clear, however, that this mode is at least dangerous, and in many cases, borders on illegality as these transfers need to be declared at customs, which is almost never done. Advantages: No need to pay fees (when making the transfer who is a colleague or family). Disadvantages: Insecurity transfer large costs in Customs.

Send money through financial services firms, have existed for decades and are characterized by a highly reliable and efficient. The problem is that require physical movement to one of the offices of each company of the person you were sending money and in many cases, the person who wants to receive on arrival. Also, in many cases this transfer is not done automatically so the money is not available to the recipient until a considerable period of time. Advantages: They are usually formal and the companies you can trust. Disadvantages: Time of receipt, cumbersome and in need of physical movement to branches of the firm, in many cases heavy costs.

As we can see, we have ways to suit each of the needs of those who want to send money to relatives, colleagues or loved ones. Deciding on one of them is based on the advantages offered one way or another depending on our individual needs. But the biggest recommendation is to rethink, before sending the money, we assume that less effort and the longer the cheapest.

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