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How to transfer money without having bank account

Are you an expat in UAE with your family living in a remote village in your home country?

They must be totally dependent on you for the money you send month on month for their expenses. Sometimes, it may so happen that you may have to transfer money to a family member or friend who doesn’t have access to a bank account. Sometimes you may have to send money urgently due to some medical or other exigency. Sending money via banking channels may not be the most efficient, quickest or cheapest way.

What are your alternatives?

A simple and effective way to send money is via online money transfer service providers such as money2anywhere.com.   The reason is that your recipient does not need a bank account and through the cash payout facility across 180,000 agent locations in 160 countries, your loved one can receive cash within minutes.  Money transfer is simple and easy. You can do it from anywhere, anytime at just the click of your mouse.

When we say it’s simple, yes we mean it. It works in 5 simple steps:

 

You need to be sure that sending money via cash payouts are safe, secure and your information is kept confidential. Security measures such as 128-bit Secured Socket Layer (SSL) encryption technology, the protocol used by all responsible websites on the internet that prevents any unauthorised person from accessing your account details online, needs to be in place.

Your recipient only needs to take their 16 digit XPIN and a valid ID to receive the money. When the beneficiary of the money transfer receives money, you get an SMS alert that the money has been received. In fact you can track your money with transaction trackers that allows you to keep track of your money at every step of the way.

Think about it – going to a bank and transferring money means standing in long queues, incurring high exchangerates, and most importantly, the beneficiary needs a bank account. With service providers such as Money2anywhere, you can simply call, and their agents located worldwide will pick up your cash , ensure safe passage and transfer to countries from Australia to Yemen. It can’t get any better than this. By awaring about the exchange rates we can lock our multi currency card 

Incidentally, online remittance service providers give you options to transfer money to bank accounts as well. Of course the pre-requisite is that the beneficiary must have a bank account. But now you know better.

Bank accounts are really not necessary if you need to transfer money – it’s truly anytime, anywhere!

Benefits of Travel Insurance

I had just completed college and was at the threshold of starting a job, settling down into a routine and doing what most adults do once ‘done’ with education. But having wanderlust in my veins, I wanted to travel, explore and expand my horizons so to speak. I decided to back pack to Europe. I wanted to live out my dream of visiting foreign lands and guess what, my parents agreed!

It’s true when they say, travel leaves you speechless and then you turns into a storyteller. So yes, I have stories and tales that are funny on hindsight and nerve racking, but I wouldn’t change it for anything in the world. So when I bought my ticket to Paris, that being my port of entry I had to apply for a Schengen visa which allows you to travel in most countries under the EU seamlessly. My father ensured that I had a travel card that I could top up wherever and whenever I wanted, and could actually load multiple currencies on it. It was safe, convenient and the best way to travel, instead of worrying about cash, theft and all of that. The prepaid travel card allowed me to do a host of things including check my balance, transaction history, and even block a stolen card. This was fantastic.

“Have you got your travel insurance done?” my father asked and I thought to myself, “dude what’s the need for a travel insurance?” That was the first and last time I ever thought that travel insurance was unnecessary.

  • Amsterdam airport – I was lost without my back pack. It was everything, my life in a back pack. But the travel insurance that I had bought was so helpful. I made a call to their emergency number and within a couple of hours I had emergency money transferto cover for expenses. A slight disruption, but that travel insurance sure helped.
  • Venice – After 15 days of travelling and eating in strange lands, my stomach decided to do its own number. I was ill and had to see a local doctor. Remember medical consultation can cost you an arm and a leg, especially if you’re on a budget, and many doctors abroad won’t even entertain you if you’re not insured. Guess who came to my rescue? Travel insurance again. Hallelujah!
  • Florence – I was travelling by the night train from Venice to Florence. When the train chugged into the station in the morning, to my horror I found that my wallet was stolen, and all my cards, money, change, everything gone. Thankfully my passport was intact and I had my phone on me. The first thing I did was report the loss to the railway authorities and then made a call to my insurance company. After which I reported lossof my travel card to the service provider. In a few minutes I was asked to visit a particular branch and got my travel card and my insurance provider promised me to reimburse me for my loss within a day or two. I had emergency money and I was saved.

What’s a trip abroad without incident, that’d be so boring!

You’d have realised by now that having a prepaid travel card with multi-currency facilities and most importantly buying travel insurance is a life-saver. Go for travel insurance policies that will cover you against incidents like trip cancellation or curtailment, medical issues, and lost or stolen possessions.  By the way, it will serve you well to know that certain multi-purpose travel card providers such as gocash, provide free travel insurance.

So the next time you’re planning a trip abroad, ensure that you’re insured. Take it from someone who knows a thing or two about travel.

Enjoy the adventure destinations 2017

Don’t listen to what they say. Go see!

Travel is not just a goal, it’s a journey, a journey of life itself. However,  it’s not easy to just take off whenever you want to wherever you want. There’s much to be planned, that includes taking some time off from work, ensuring you have the money saved up as per the exchange rates today, and co-ordinating schedules with your loved ones and family. Buying flight tickets at discounted rates, getting great hotel deals if booked in advance, and availing some fantastic offers on prepaid travel cards such as gocash enable you to plan without the stress.

A list of destinations that you’d most like to visit is a good place to start and we can give you a leg-up with our recommended list of travel destinations. We’re starting with a list of 3 best adventure destinations, because we believe that every life deserves a little bit of adrenaline rush. Our travel recommendations are based on National Geographic’s lists for some of the best adventure and nature trips of 2017.

News of currency exchange rates & its benefits

When you choose to go into the matter of running foreign money exchange, a standout amongst the most imperative things you have to do is to guarantee that you have the most recent information on the business through foreign exchange rates news. The cash exchange business is exceedingly alterable and individuals in the business comprehend that the main way they can stay aware of the quick paced environment is whether they will brush upon foreign exchange rates news. Nowadays, it’s truly simple to get these data since you can discover them in the web.

Places where you can angle these significant data are:

1. Online news sites

2. Blog locales

3. Gatherings

4. Social bookmarking locales

5. Mailing records

The Advantages of Getting Updated with Foreign Exchange Rates News

You may imagine that signing onto Forex is as of now enough. That the length of you are on the web, that is all you ever need to keep your business going. In any case, the thing is, things occur inside a snap with regards to money exchange. What you may have believed was an incredible exchanging system may simply end up being passed as of now. So all the better you can do is likewise keep data getting sustained into your framework with the goal that you will dependably figure out how to remain large and in charge.

Beside the standard highs and lows in money values, rates news will likewise give you more particular data in the matter of what drives these progressions. Like if a decrease in the dollars has happened what triggers have affected such change will likewise be incorporated into the news. Things like these are vital to consider on the grounds that it will help you plot your cash exchanging choices ought to the comparable exchanging atmosphere or variables at the end of the day come up. In any event you can as of now have cautioning signs approaching about your business instead of going out on a limb.

Another critical favorable position that you can pick up from perusing up rates news is that you can likewise recognize key identities who may turn out to be potential customers or key business accomplices. News regularly incorporate identities and key witnesses on occasions. You may need to deliberately fabricate your forex business by connecting with these news identities, and rates news themselves additionally offer you a brisk and simple method for exhibiting these individuals’ genuine aptitude in forex.

Tackle practical challenges at the airport!

Waiting for the flight at the airport could be an irksome experience on its own. Bitter-sweet feelings of bidding goodbye and hopeful anticipation about the destination keeps playing irate games in your mind.

How do you handle such practical annoyances and stay sane at the airport? Read on to know how you could deal with the most common challenges faced at the airport. Here you go!

Battery drain

First turn on the flight mode in your phone and then charge your device at the airport lounge.  This way the battery charges faster.

Unsecured Wi-Fi

Most airports are equipped with free Wi-Fi facility that could be swarming with spyware and viruses of all kinds. Top-notch anti-phishing web protection is indispensable at airports. Don’t use that free connection to transfer money overseas

Noisy waiting time

High stress levels could be triggered from the boredom in noisy airports. Hence carrying your own noise- cancelling head phones (you could avoid infections) to watch a movie or listen to some music.

Lost Luggage

Lost luggage incidences at airports are indeed a nightmarish experience. So always ensure you attach digital tracker such as Trakdot, LOC8ING or Spy Tec STI_GL300 Mini to your bags

Fluctuating interest rates

While at the airport, check for your destination country’s currency exchange rate.  Using travel cards  you can lock your exchange rates and use them later on

Plan to travel by making aware of todays exchange rates

If you travel frequently to the same destination it may be wise to purchase a larger sum of money dependent on the current currency exchange rates.

The rates can fluctuate and if you become aware of a favorable rate it is a good investment to purchase more money at that time.

If you’re planning on traveling to another country you’ll find yourself wondering about current currency exchange rates. It’s important to know how far your dollars will go when you get to your destination.

You simply need to conduct a search looking for current currency exchange rates. Once you’ve chosen a site the rest is very easy.

You put in the amount that you’d liked converted and then choose the country whose currency you have and the country whose currency you want to.

These sites have the current currency exchange rates and you’ll see exactly what your money is worth.

It can also be confusing if you try to transfer money at a financial institution in the country you are visiting. Although most foreign banks have English speaking associates who will explain the current currency exchange rates to you, some don’t.

If this is the case and you don’t speak the language of the country you are visiting it can be frustrating exchanging your money there.

One method of finding out current currency exchange rates is to visit your local bank. They will have the most up to date rates. Your bank can also exchange your money for you prior to your trip.

Many banks also offer this service over the phone. They will quote the current currency exchange rates in messages that are recorded daily. The bank’s customer simply calls an automated system and can listen to the current currency exchange rates at their convenience.

Many of these types of vendors actually charge a significant service fee for this. Therefore although the current currency exchange rates may be favorable the service fee could make your trip more expensive than you had planned.

Many people wait until they arrive in their destination country before exchanging their money. In many airports there are vendors who will do this for you. Although this is a very convenient method of exchanging money it can also be costly.

 

If you are traveling sometime in the future and want to load your multi currency travel cardensure that you get the best value for your dollar you can check out current currency exchange rates on the internet. There are several websites that offer this information for free.

Benefits of International Money Transfer Services

Advantages and disadvantages are attached to everything on the planet Earth. As far as money sending concerns; although the advancements in IT have made it possible to send money online in minutes, yet the dark side of the picture can not be overlooked along with appreciating the bright aspects. At first, let us take a view of the advantages of international money transfer online services:

The first and the most prominent benefit we get from these services is the rapidity. Gone are the days when people had to wait for weeks for transaction of money. At present, you can transfer money online from one place to another in minutes.
Various banks have featured power transfer, which enables you to track the money online whether you are a recipient or a sender of that money.

Lots of banks have featured remittance. With the help of this feature, you can receive money in your local currency and use right after you receive it.
Another benefit is that you can send money straightly to bank accounts via online banking now-a-days.

Online money transfer services have provided a platform to online business-groups where they can move fast and grow rapidly without wasting time in the formalities of sending money offline like waiting for the checks to clear.
Having walked through the advantages which online money transaction offers, now let us turn to the disadvantages it bears.

The weightiest disadvantage is the transfer fee taken by international money transfer online services. You must have to pay some fee to them, otherwise it is impossible to utilize the services.

Sometimes involvement of prepaid travel money card, credit card and debit card in online money transfer leads to losses. In other words, you money is not hundred percent secure in process.

Some websites are used to keep money temporarily in case money is not sent directly to bank account. The user passwords for these websites can be hacked by hackers resulting in the loss of money.

When you send money online, you have to face the technical difficulties of the process.
You have to be patient because long queues are quiet usual in online money transaction.
The quick transaction in debit cards causes difficulties in recovering lost funds.
By and large, online money transfer services are neither from heaven nor from hell. In spite of all their advantages, lots of people rely more upon offline money transaction. And in spite of all their disadvantages, a huge percentage of the world population utilizes international money transfer online services on regular bases.

Wallet Stolen? Act fast to save your money and identity!

Shopping during your vacation abroad is an irresistible indulgence. Imagine standing proud of your bargain conquests at the store, and you find out your wallet is missing. More guilt and frustration creeps in when the nearby surveillance camera shows that your purse was picked while you were bonding with the goodies down the store aisle.

Could there be a worse nightmare ever?

A stolen wallet scenario is more than just losing money. Your IDs, licences, debit/credit cards, business/ personal contact and keys could be lost along with the cash. So, instead of flying off the handle, try to get a quick grasp of the situation. Make sure you take the necessary steps below to salvage the situation.

Gain your composure and make a list

Calm down, take a deep breath, think clearly and write down the contents of your wallet.  Also make a list of the people you need to notify about the loss to prevent any misuse. Don’t miss to make a note of pictures or any other personal details in your wallet. This will help you warn your dear ones against any unsolicited advances.

Report the theft

Go to the nearest police station and file a report on the stolen wallet. You’ll need a copy of this report to process any duplicate IDs, insurance claims, card replacements etc.

Keep your money safe

Call the 24 hour helpline of your bank and debit/ credit card companies to block the card usage immediately. This will stop you from losing your money in addition to suffering from a ruined trip!

Get help from your embassy

It’s a good idea to notify your country’s embassy at the destination. They will be helping you out with the right contacts to get in touch.

Protect identity and property

If your ID, passport and driving licences were part of your wallet, then immediately call the respective offices back home.  Notify the theft and also request for duplicate copies. Since your name, work and residence addresses have been stolen, take help from neighbours to watch out for strange occurrences around your place. Once you reach home, invest in a good security system, as organised criminals don’t hesitate to cross borders for their loot.

Claim Insurance

Speak to your travel insurance provider to begin processing your claim. They will need you to submit the police report before going ahead with the process.

Receive money in an instant

In case you do not have access to any cash, ask your friend or family member from home to send money overseas as soon as possible. There are several trustworthy instant money transfer providers in the market, through whom you can receive money within minutes.

In the future to avoid mishaps such as these, please do not carry original IDs, passports or all the cash in your wallet. Always leave some reserve cash and photocopies of all important IDs and documents in your hotel room locker. It’s safe to carry a multi currency travel card, which can be used at POS machines, ATMs etc., and if stolen can be reported and blocked. Attaching digital trackers to your wallet is also a good idea to track down your precious belongings.

 

Raise your guards and be vigilant always, to protect your money, identity and property!

Benefits & essentials of Instant Money Transfer

The need to transfer money may emerge at any minute. A companion or family in sudden misery or quick need of money, a bill installment or securing a buy, may require a moment money transfer. With the ascent in innovation, saving money and web based business measures have risen significantly. With interconnected focal frameworks and fast handling frameworks, the prompt starting with one a player on the planet then onto the next can be accomplished consistently, quickly. You can pick up from managing an account administrations that facilitate your experience and spare both time and money.

It is conceivable to send and get money immediately inside a couple of minutes, anyplace around the world. The procedure of Instant Money Transfer or IMT is an imaginative strategy for settlement, which empowers client to send money quick even to a man who does not have a financial balance or ATM card.

IMT is an income sans work transfer, prepare, which has a couple of straightforward strides:

The sender should simply visit a transfer operator, fill the effectively spelled name of the recipient and the portable number of SMS modifies, select the area of transfer, pay the sum that should be dispatched and settle the transfer charge. The specialist will then give the sender a 16-digit code that should be imparted to the recipient to empower the gathering of assets transferred. The recipient can then visit any middle in his or her region and gather the assets by demonstrating the security code.

Most transfer offices give SMS alarms and status following offices to empower the sender and beneficiaries to finish the exchange their portable applications or on the web.

At the point when is the utilization of IMT ideal?

Circumstances in which the utilization of online money transfer is advantageous to the sender and collector are:

The beneficiary needs quick money transfer to In

The recipient needs the transfer in real money

The recipient has no ledger

The recipient bank subtle elements are inaccessible with the sender

The area from which recipient can get the assets is not settled

The recipient is not in an area where money can be conveyed

Not just are residential and universal settlements made helpful by means of fast transfers, however a level of unwavering quality and well being is additionally conveyed. Money transfer to India techniques, which are overhauled to most astounding principles and utilize the best security conventions, guarantee well being of the money transferred straight up to the personality of the recipient. Today’s quick transfer administrations will accompany client focuses and administrators that take care of inquiries and grievances 24×7 making it a favored method of money transfer.

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