You May Still Be Wondering...
What's the difference between bank deposit and cash pickup? 💸
While both are ways of receiving money from overseas, cash pickup involves cash being retrieved from a physical location while bank deposits involve money being electronically deposited into one's bank account. Aside from this, there are also some differences in terms of fees and transfer speeds. Cash pickup transfers, for example, tend to come along with slightly higher fees and arrive faster, while bank deposits have come with lower fees and often take longer to arrive. However, these differences are general, and bank deposits can be very fast too (see our guide on the subject here.)
How can I do a cash pickup at Walmart? 🏪
You can quickly and easily pickup cash at your nearest Walmart Money Center or at a customer service desk in your local Walmart store. This service applies if money was sent to you using MoneyGram or Ria, both of which have partnerships with Walmart. See the company's official explanation for more information.
How does Xoom cash pickup work? 💷
Having a large web of global partners, Xoom offers cash pickup at thousands of locations across the world. To send a money transfer via Zoom for cash pickup, simply initiate a transfer as normal and then select the cash pickup option as a means of receipt. Note that not all receiving countries have cash pickup locations, so it would be wise to check in advance whether or not this option is available. A full list of Xoom's cash pickup locations can be found on its website.
How does MoneyGram cash pickup work? 💶
You can pickup your cash at any one of MoneyGram's agent locations worldwide. According to MoneyGram, cash is normally ready for collection in as little as 10 minutes after the transfer is successfully submitted. Before you go to a cash pickup location, make sure that you visit MoneyGram's 'Track a Transfer' tool to be sure that the money has indeed been fully processed. If so, your money will be ready for collection! Don't forget to bring along a valid identification in order to pickup the cash.
How does WorldRemit cash pickup work? 💵
To send money with WorldRemit for cash pickup, simply visit their site, select the country to which you'll be sending, choose "cash pickup" as the the method of receipt, and enter the amount. Once the transaction has been processed successfully, the recipient will be able to pickup the cash at any one of WorldRemit's partner locations. If you'r collecting a cash pickup from WorldRemit, be sure to bring along a valid photo ID and your reference number to the cash pickup location. See WorldRemit's official explanation to find out more.
How does Western Union cash pickup work? 💴
You can easily pick up money that's been sent to you with Western Union at one of the company's agent locations across the world. Make sure that you bring along a government-issued ID, as well as the MTCN (tracking number) that's associated with your transfer. (You may have to ask the sender for this number).
How does PayPal cash pickup work? 💻
While you cannot use your PayPal funds to pickup cash directly, you can indeed use your PayPal funds to send abroad for cash pickup using Xoom (a PayPal built service).
How many digits is a WorldRemit reference number? ✉
In a vast majority of cases, WorldRemit Transaction Reference Numbers are eight digits long. They are delivered to both the sender and the recipient of the money after a transfer has been sent.