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Wednesday, January 28, 2009

Best Ways to Send Money to El Salvador

By Chloe Banks

There are many different ways to send money to El Salvador. The amount of time it takes, along with cost and level of security vary for each service.

Sometimes the amount of time it takes to send the money is the most important factor. In this instance it is important to know what options you have when sending money to El Salvador. The most pressing thing to remember is to prepare now to have everything in place for a transfer.

In instances like this it may be easiest to send money using an online service such as ATM Cash, which allows you to send money 24/7 from your computer.

Another quick way to ensure getting money to El Salvador is making sure the recipient has a debit or ATM card, possibly linked to your checking or savings account.

As long as your are comfortable with the cardholder having access to your account at all times, they could have a card and PIN number so that they could have access to cash through an ATM machine. For situations where you do not want the recipient to have unlimited access to the money, a pre-paid debit card is another way to go. It works just like an ATM card except that it is loaded with a specific amount of money.

Once that money has been withdrawn, the cardholder has no access to funds unless the person sending money refills the pre-paid card. The PIN number is given to the cardholder by the person sending money, so a phone call to notify the recipient that money has been added to the card is all it would require to gain access to the funds.

Another way to send money quickly is by opening an account with a bank that has branches in both El Salvador and the U.S. This will help facilitate easier transfers.

These are some ways that can help ensure a quick transfer of money to El Salvador when you need it.

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