Cash transfer is as money transfer service in which the money is transferred in the form of that cash, This may seem new to the people who are habitual of the online money transfer system, because with online money transfer the transaction is made directly to the bank or another such account but with cash transfer it is a little different and that is because in this type of transfer re recipient will receive the money in the form of the cash, this type of transfers seem fit for people who don’t have the bank accounts and also when you don’t want to make money transfer to a bank account.
How to make such transfers
These type of transfers are very easy to make and you don’t necessarily have to make the transfer in cash from your end and you can choose any online money transfer company like ACE Money Transfer that will send the money immediately to the place where the recipient has to take it. But before that can be done you will need to make the verification and you will also get a reference number which you can send to the recipient so the money can be accepted without any difficulty.
What recipient need
Before the recipient can go to collect the money in the form of the cash they will need to keep their ID card with them so that the online money transfer company can accept the identity of the person and can hand over the money. The recipient will also be bringing the reference number and without that reference number, you cannot receive the cash. Another thing that should be kept in mind is that the money can only be received from the location it has been sent to and there are usually no charges deducted from the recipient’s cash but if a third party is involved during mobile transfer it may take some amount of money.