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Door-to-Door Money
Door-to-door money is a specialist cash service where a currency provider will deliver money directly to the beneficiary’s address.
Some beneficiaries may not want to travel to pick up their money in cash, or they may not have a bank account that money can be paid into. Several currency providers offer door-to-door money services that solve this problem.
The beneficiary will need to provide a valid ID to receive the funds, together with the currency exchange transaction number. Note that there is often an additional fee for door-to-door money, and it is not available in all regions.
Several currency exchange providers offer cash pickup including WorldRemit, Azimo and MoneyGram.
Door-to-Door Money — Related terms
Door-to-Door Money is also known as home delivery money.
The Monito Glossary
When it comes to moving money, don't let yourself be bogged down by all the jargon. Explore The Monito Glossary to get up to speed with everything you need to know about money transfers.
Other Popular Money Transfer Definitions
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