There are often times in which the necessity to send money must be balanced with one’s own bank account. After all, most individuals do have some limit to their funds. If you need to get money to another person, it is often wise to look for the cheapest way to do so. While it is always possible to send a money order through any number of well-established services, it can often be cheaper to transfer the money electronically. This is not only less expensive, but it can also be quite a bit more efficient. If you want to transfer money to another person, the easiest way to do so is with access to his or her bank account.
The cheapest way to send money is to directly deposit a check into the bank account of another individual. If you have access to his or her bank information, a deposit slip, and the permission to sign his or her signature, you can simply walk into their bank and deposit the check into that individual’s account. Should the individual not possess a bank account, your next best chance is to use an online service like Paypal. You can quickly make a “payment” to the individual’s account at no cost to yourself, and the payment can then be transferred to that individual’s Paypal account quite quickly.
If you need to transfer money cheaply, the best methods are those that do not involve using an outside physical service. You can transfer the money online through the use of a payment program or even through the use of the individual’s own bank. These services cost no money, but they allow you to get payment to an individual in a timely manner. If you absolutely must send funds quickly and do not want to spend anything on the process, these two options should be the best for your needs.