To send money in the U.S., use digital apps like Zelle, PayPal, or Venmo for fast bank-to-bank transfers, or traditional services like Western Union/MoneyGram for cash pickup; for larger amounts, a bank wire transfer is secure, while money orders offer a low-cost option via the Post Office. Choose based on speed, fees, recipient's access (bank account vs. cash), and amount, with apps being great for small to medium payments and bank transfers for large sums.
There are several ways to do that electronically, each with its own advantages.
New Zelle® Users
It's easy to get started — all you need is a U.S. mobile number or email address. Tap "Pay & Transfer" then "Zelle®". Tap "Settings" and follow the instructions. Check your text messages or email for a one‑time code.
Sending money to a US bank account online is quick and easy. You can send money to qualifying bank accounts using your credit2/debit card or pay by bank transfer.
ID: You will need to bring a valid photo ID (passport, national ID or residence permit) and may also be asked to provide proof of your address.
Transaction Speed
ACH transactions typically take one to three business days to settle, as they are processed in batches at specific intervals. In contrast, Zelle offers real-time or near-real-time transfers, making it significantly faster for sending money between U.S. bank accounts.
Send money abroad
It's easy to transfer money with Western Union at Post Office. International money transfers conducted by Western Union. Subject to status and availability. Fees, terms and conditions apply.
A $1000 Zelle transfer takes minutes if both you and the recipient are already enrolled with Zelle; if the recipient isn't enrolled, they'll get a notification to sign up, and once they do (within 14 days), the money arrives quickly, otherwise, it's returned to you. While most banks offer instant transfers, some might delay for security, or you might choose a slower (1-3 day) option for higher limits, but for $1000, it's usually instant.
U.S. checking or savings account required to use Zelle®. Transactions between enrolled consumers typically occur in minutes and generally do not incur transaction fees. Must have a bank account in the U.S. to use Zelle®.
Cash App
With nearly 50 million users, Cash App is definitely one of the most popular money transfer apps out there. Users can also use Cash App for discounts at certain retailers, like Crocs, DoorDash, and Shake Shack, and can check out with a single tap.
Is PayPal safer than a bank transfer? Both PayPal and traditional banking providers take important security measures to protect your money from fraud. However, PayPal may be considered more secure for online transactions, as you can pay for goods and services using just your email address.
Zelle has faced congressional scrutiny, and some major banks now restrict certain types of transactions over its network to address these issues. Democrats in Congress and consumer advocates have admonished Zelle for allowing scams and fraud to flourish on its platform.
Typically, you can use Zelle® to instantly transfer up to $1,000, twice within 30 days, for a total limit of $2,000. For next day transfers, you can transfer up to $1,500, twice with in 30 days, for a total of $3,000.
While CashApp is generally safe to use, resolving issues like fraud or account breaches might take longer, as you'll be relying on CashApp's customer service rather than your bank's. Using Zelle through the bank's mobile app provides a significant advantage in terms of security and support.
Here are some of the most secure payment methods available online:
If you don't have a MoneyGram profile, we will need your full name, residential address (can't be a P.O. Box), phone number, SSN or ITIN, and date of birth. You'll also be required to provide us with your valid, unexpired government-issued ID.
To make a bank transfer, you'll need the: