Tuesday, January 20, 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.

In case of an emergency you may need to know how to send money as quickly as possible. It is important to know your options when sending money to El Salvador. The most pressing thing to remember is don't panic. Prepare now to have everything in place to initiate a transfer when necessary.

Often sending money online through services such as ATM Cash www.atmcash.com is the easiest and quickest way to get money when you need it. Services such as this allow you to send money 24/7 right from the comfort of your computer.

Another way to insure that the recipient in El Salvador will have access to money quickly is to make sure that they have an ATM or debit card in their possession. If the recipient is a member of your family or someone trustworthy, it may be useful for them to have a bank card linked to your savings or checking 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.

After the money has been withdrawn with a pre-paid debit card, the cardholder will have no access to funds until you have refilled the card. A phone call to notify the recipient that money has been added is all it would require to gain access to the funds.

Opening an account with a bank that has branches in both El Salvador and the U.S. will also help facilitate easier transfers.

The above steps are some ways that will help ensure that money arrives quickly when you need it.

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