What you need to send money to USA includes the beneficiary's complete name and bank account details. Keep your driver's license or passport handy because you will need to verify your identity.
There is more than one way to receive money in USA:
Receiving money into a local American bank account is usually the most cost-effective way. Turnaround times of transfers to bank accounts depend on your service provider, the mode of payment, and the recipient's bank. Just about all banks and credit unions in the US accept international money transfers.
You may receive money from overseas in the form of cash, which you need to collect from a physical location. When compared to bank account transfers, cash transfers tend to attract higher fees. Some of the companies that let you transfer money to cash pick-up locations in the US include Ria, Western Union, and MoneyGram.
Here are addresses of some cash pick-up locations in USA.
|Ria cash pick-up locations in USA|
New York City:
HNH Computer Inc
15, N Eldridge Street
New York City
Medilane Pharmacy Corp
204, Clinton Street
New York City
1768, Columbia Road NW
1737, Columbia Road NW
|Western Union cash pick-up locations in USA|
New York City:
86, W Broadway
New York City
Buy Rite Pharmacy
11, Chatham Square
New York City
Ez Cash Depot
1756, Columbia Road NW
Check Cash One
3433, 14th Street NW
Multi-currency accounts give account holders access to bank account details in different currencies. International businesses with a presence in USA may benefit by opening multi-currency accounts that come with USD-denominated bank account details. They can then use their USD accounts to receive payments from American customers. They may also use the same account to pay employees, suppliers, or vendors based out of the US. These accounts can lead to savings through lower currency exchange fees and preferable exchange rates.
Here are the top money transfer companies that offer local USD banking details through their multi-currency accounts.
|OFX||Global Currency Account|
|Currencies DIrect||Multi-Currency Account|
You may send money to USA in the form of a prepaid mobile credit reload. WorldRemit provides this service, as does Xoom. Mobile reloads of prepaid plans from most major carriers are supported. Examples include T-Mobile, Verizon, AT&T, Tracfone, and MetroPCS.
The best way to send money to USA is from your bank account to the recipient's bank account by using the services of a specialist money transfer company. You basically pay through a bank account transfer, and your service provider then transfers the money to the beneficiary's American bank account. This is usually the most affordable way to transfer money to the USA.
You can use XOOM to send money to the US from Canada, countries in the European Union, and the United Kingdom. XOOM can send money to US bank accounts and you may also use it to reload prepaid mobile phones from overseas.
Not many popular international money transfer companies let you send money from China to USA. The WorldFirst World Account gives you access to a CNH (offshore Chinese yuan) bank account. This account lets the company's customers receive payments from China.
PayPal, Western Union, and MoneyGram allow transfers from China to USA. Residents of China who have UnionPay-branded ECARDs may use the same to send money to USA. Americans in China may apply for this card by providing their social security number. AliPay users in China can also use their accounts to transfer money to USA.
Yes, you may send US dollars via Western Union. Recipients in the US may receive money from overseas directly into their bank accounts, or by visiting cash pick-up centers. Depending on where you live, you may pay for your transfer by using your bank account, debit card, credit card, or even cash.
Yes, you may carry out a bank transfer from the UK to USA. However, the cost of a typical wire transfer between banks of both countries can be steep. If you use a UK-based bank to send money to USA, expect to pay around 5% over the real time exchange rate as well as up to £20 in transfer fees. Using the services of specialist money transfer companies is typically more affordable.
Yes, you may send money from Nigeria to the US. Companies that provide this service include Western Union, MoneyGram, PayPal, and Payoneer.
Yes, you may send money from the Philippines to USA. Your top alternatives include WorldRemit, Western Union, and MoneyGram.
Transferring money from the UK to USA is easy, as several companies provide this service. Some of the top providers include TorFX, Currencies Direct, and OFX. How you get to pay for your transfer depends on the company you select. For instance, TorFX accepts payments via CHAPS/SWIFT, BACS, Visa debit cards, and GBP-denominated checks.
Yes, you can send money from Kenya to USA. You may do so by turning to service providers such as Western Union and MoneyGram.
You may transfer money to a US bank account by using the services of specialist money transfer companies such as TransferWise, WorldFirst, OFX, XE, or CurrencyFair. Your service provider will need the recipient's full name, the receiving bank's name, the recipient's bank account number, and the receiving bank's ABA/ACH routing code.
There is no legal maximum limit on how much money you can send to USA. However, all transfers of over $10,000 are reported to the IRS. In addition, you might be subject to sending limits put in place by your service provider. For instance, TransferWise has an upper limit of $1 million per transaction for transfers to USA.
Your service provider will need the recipient's bank account number as well as the receiving bank's name and ABA/ACH routing code.
Yes, you can send money from Pakistan to USA. Companies that let you do this include Western Union and MoneyGram.