Transferring money online has never been much easier.
Click on a few buttons and money is transferred from one part of the world
to the other
Hi,I am pat mathew. I have been active in the field of online money transfer
since last 5 years and have seen it grow tremendously over the years
Here I shall list the best methods by which you can transfer money online
1.Moneybookers.com
Regulated by the FSA (FINANCIAL SERVICES AUTHORITY) of United Kingdom
Here is how it works
1.Sign up and create a new account for free
2.Now you have to upload funds into your account.
You can do this by a credit card or bank transfer
3.Once you have uploaded the funds you can send the funds to any person
in the world who has a moneybookers.com account.If the recieving person does not have an account he or she can create an account for free and recieve the money.
4.The person who recieves the money in his moneybookers.com account then
can withdraw the money by cheque or wire transfer directly to his bank
Advantages of money bookers
1.It is worldwide.Any person in the world can recieve and send money
2.It is based in united kingdom and is regulated by FSA the financial services authority of united kingdom
In fact it is the only online money transfer regulated by FSA
3.It is the cheapest and the best.It is cheaper than any other money transfer
2.paypal.com
1.paypal.com works in the same way as moneybookers.com works
2.You have to open an account for free
3.Then using a credit card you have to upload funds to your account and then
transfer it to any person with a paypal account
Advantages of paypal.com
1.It is the first online money transfer
Disadvantages of paypal.com
1.It is limited only to a few countries.
Only a few countries can withdraw the money to their local bank account
2.Many paypal accounts have been hacked and this hacked money is circulating on the
net.Chances of you recieving hacked money are high and the money transfer
will be reversed
3.It is also costlier.
3.E-gold.com
How does it work
1.open an account for free
2.You cannot upload the funds directly from the site
3.you have to upload them from an independent e-gold exchanger like londongoldexchange.com,
icegold.com, e-forexgold.com. The entire list can be found on the site www.e-gold.com
4.Once you have uploaded the funds to your account from an independent e-gold exchanger
then you can send the money to anyone with an e-gold account
5.The person who recives the money in his e-gold account can then withdraw
the money again from an independent e-gold exchanger.
Advantages of e-gold
1.It is cheap and depends on the independent e-gold exchanger which you use
Some of the e-gold exchangers are londongoldexchange.com,goldage.net,icegold.com,asianagold.com
2.It can be used by any person in the world and is not limited to any country.
4.XOOM.COM
(FOR INDIANS AND ASIANS)
Transfer money via paypal,credit card to any person in india
Money is home delivered in just a few hours.
If you have any relative outside india this is the ideal way to transfer money in india
I recommend you to go through each and every page of the sites to get all the
information.
