How can I send money without transfer fee?

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Avoid transfer fees by using these methods:

Your Bank: Often offers free transfers between accounts.
Zelle: Peer-to-peer transfers are typically free.
PayPal/Venmo: Free for many users, check fees for specific transactions.
Cash: Fastest, but least secure for large amounts.

Consider fees before choosing. Bank drafts/money orders might have associated costs.

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Send Money Free: How to Avoid Transfer Fees?

Okay, so you wanna ditch those pesky money transfer fees? I get it. Nobody likes ’em. Here’s how I’ve done it, and some other options I’ve, like, stumbled across.

Basically, you can avoid transfer fees by using:

Your Bank: Often free for transfers between accounts at the same bank.
Zelle: Usually free for transfers between enrolled users.
PayPal and Venmo: Free for sending money to friends/family using a linked bank account or PayPal balance (but watch out for credit card fees!).
Western Union or MoneyGram: Can be pricey, but sometimes offer deals or faster transfer options.
Physical Cash: Avoids fees, but risky.
Personal Checks: Slow and can bounce, but usually free.
Bank Drafts, Money Orders: Small fees, but good for certain situations.

My bank, bless its heart, lets me transfer money online for free if it’s going to another account within the same institution. Easy peazy. This saves my butt since my local credit union doesn’t give all these advanced online tools other big banks have.

Zelle is like, my go-to. I send money to my sis all the time using it. Super instant, and I’ve never paid a fee. (knock on wood). But it is very important that both user have register to be able to use this feature.

PayPal… oh boy. Be careful with that one. I swear I once got dinged a fee for sending money to a friend because I accidentally used my credit card instead of my bank account. Cost like $3 or so, i think. I always double-check now!

Western Union and MoneyGram? Only used ’em like, once or twice in a bind. I needed to get money to my cousin fast when he was stranded on a road trip. I remember payin’ like 15-20 bucks, i think. Worth it for the speed in that case, but yeah, pricey.

Checks? Ugh, so old-school. I only use those when absolutely necessary, like when my land lord only accepts checks for rent payment. They’re free, at least… unless they bounce, LOL. So be really careful about that or else you end up paying even more!

How to transfer money without a fee?

Ah, the Holy Grail: Fee-free money transfers. As if! Let’s explore this fantastical quest, shall we?

P2P apps are your knights in (mostly) shining armor: Cash App, Google Pay, PayPal, Venmo, Zelle, among others, offer fee-less transfers. Think of them as digital Robin Hoods, maybe. (Except, you know, they’re companies. With profit motives. So, not exactly Robin Hoods. More like… digital loan sharks, only not. Never mind.)
But, BUT! There’s a catch (or several): Often, using a credit card incurs a fee. Instant transfers? Also, fees. I mean, surprise surprise. They gotta get ya somewhere, right?
Zelle’s the weirdo: Zelle’s typically free if your bank participates. It’s like that one friend who always crashes at your place and eats all your snacks. Convenient, sure, but…
Beware the limits, young Padawan: These apps have limits, daily, weekly, or monthly. Planning to transfer your inheritance? Prepare for multiple transactions or… (gasp!) actual bank wires.
Don’t forget the fine print, Sherlock! Always, always read the terms and conditions. You wouldn’t want to end up accidentally funding a llama farm in Peru, would you? (Unless, of course, you do want to fund a llama farm. In which case, go for it!)

More musings on money movement, since you asked (sort of):

Credit card rewards and points? Sure, but always pay on time. Otherwise, interest charges eclipse all benefits.
Wire transfers, the old-school way? Often expensive, and slow. Think sending a letter via carrier pigeon in the age of email.
The future is crypto, maybe? Ooh, risky! Fees vary wildly and the price of bitcoin is unpredictable.

So, there you have it. Transfer money sans fees. Mostly. Ish. Good luck! You’ll need it! lol

How do I avoid fees when sending money internationally?

Avoiding international wire transfer fees? Oh, the quest for financial Narnia! It’s like searching for socks that actually stay paired. Good luck, seriously.

Online is King (or Queen?): Banks love when you click buttons yourself. Less human interaction, more profit. Like teaching your grandma to use TikTok, painful at first, rewarding later.

Citibank and Wells Fargo: The rumored fee-waiving knights in shining armor, if you wire in the local currency. Double-check though. My luck’s been…iffy.
Online Banking: It’s often cheaper than the teller. Think of it as the difference between self-checkout and a chatty cashier. Faster, less…human.

Hidden Costs Exist, Sadly: The fee might vanish, but the exchange rate? Sneakier than my cat stealing tuna from the counter.

Exchange Rates: This is where they get you. Banks often add a margin, a little “thank you” from them.
Compare, Compare, Compare: Like shoes. Don’t just grab the first pair. Check Wise (formerly TransferWise), OFX, and others. Do it; your wallet will high-five you.

Other Options? Seriously?: Forget the bank! Plenty of fish in the sea (of money transfer apps).

Money Transfer Apps: Wise, Remitly, Xoom? All hungry for your business. Compare.
Prepaid Cards: Sometimes cheaper, sometimes not. Read the fine print. Seriously, get your glasses.

And remember, the fees are like pigeons: always evolving, always annoying. Good luck. You’ll need it. I’m off to find that mythical matching sock…it’s been years.

Which money transfer app has no fee?

Fee-free transfers? Think Cash App, Google Pay, PayPal, Venmo, and Zelle.

But, gotcha!

Credit card funding? Fees. Instant bank transfer to recipient? More fees. No free lunch, right?

My ex, Brenda, never grasped this. Always surprised by random charges. Annoying, really. Now I’m using crypto. Much better, seriously.

P2P Apps: Transaction charge structures vary greatly.
Funding Matters: Credit cards always invite fees. Debit, sometimes.
Speed Costs: Instant transfers? Someone’s paying. It’s you or them.
Brenda Factor: Financial literacy is a must.

Consider alternatives. Like I said, crypto. Research. Decide.

How much does Western Union charge to send $100?

It is complicated.

Western Union…$100. It’s never simple, is it?

Depends where it’s going. My grandma’s in the Philippines, and sending money there… ugh.
How you pay matters, too. Credit card? More fees. Always. Cash is less, I think.
Speed? Slower is cheaper, but slower feels risky. Like screaming into the void. And yeah, my anxiety is real.

Honestly, just use their site. Or walk in. Ask the agent directly. It’s probably the fastest way. There isn’t one flat fee.

I hate hidden fees. It all adds up, ugh. Makes me wanna just… stop.

Is there a free way to transfer money from bank to bank?

Three AM. Can’t sleep. Thinking about money. Moving money between banks, huh? It’s a drag.

Free? Not really. There are ways, but nothing truly free. My credit union? They let me shuffle funds within their system, no charge. Instant, too. Convenient. But that’s not between banks, is it?

Wire transfers? Expensive. Fees bite. Ouch. Remember last year transferring that inheritance? The charges were ridiculous. Bank transfers, similar story.

Maybe a mobile app thing… Venmo? Zelle? I use Zelle, pretty quick. But again, it’s not always free. It depends on what your bank’s policy is.

Within-bank transfers: usually free, near instant.
Zelle: often free, but watch those small fees! It’s quick, though.
Wire transfers: expensive. Fast, though. Painfully so.
International? Forget free. Wire transfers are a must, unless you use some international service, and those come with their own fees.

My brother, he uses some kind of app, some weird international thing, for sending money to his family overseas. He says the fees are pretty fair, better than the bank’s. Can’t remember the name though. It’s complicated.

This whole money thing… exhausting. Need sleep.

How to send money to a bank account in Vietnam?

Okay, sending money to Vietnam… ugh, it’s been a JOURNEY. Lemme tell you about my auntie, Lien, in Ho Chi Minh City.

Last Christmas 2023, I needed to get her some cash quick. I usually just used Wise (formally TransferWise, you know!).

It was supposed to be easy, right?

I remember thinking, “PISP, what even IS that?” It’s like… Wise pays directly from my bank? Seemed sketch at first.

PISP is faster for larger amounts.
Less hassle logging into bank.

Then, I tried a regular bank transfer. Like, directly from my Chase account. BIG mistake. Fees were insane, took forever! Days and days!

Debit card? Eh, decent, but sometimes my bank flags it.

Good for smaller amounts.
Sometimes flagged as fraud.

Credit card? NEVER AGAIN. Cash advance fees are brutal. My Discover card hates it.

And, oh god, Swift… Auntie Lien almost didn’t get her money in time for Tet! So slow, so expensive. Honestly? Avoid like the plague, unless you HAVE to.

Slowest method by far.
High, hidden fees are killers.

Apple Pay and Google Pay weren’t an option then, she couldn’t receive them. Not sure if they are now!

So, TLDR; Wise (PISP if you dare!) is the way to go. And don’t even think about Swift. Seriously.

#Freetransfer #Nofeetransfer #Sendmoney

Finance How can I send money without transfer fee?