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sending money

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Nov. 12th, 2003 | 11:39 pm
mood: curiouscurious

I'd like to send some money to some friends in new york and I'd like them to have access to the money as quickly as possible.

I was thinking of getting a cashiers check from my credit union and sending it via express mail to their PO Box.

However I was wondering if I instead should turn it into a postal money order and mail that, as that might cut down on the time it takes the bank to accept payment.

Hmm... since I'm mailing it to a PO Box, a postal money order might be best since it could be immediately turned into cash when they pick it up.

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Comments {4}

Usqueba

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from: usqueba
date: Nov. 13th, 2003 12:34 am (UTC)
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If their bank is local (to you) and you can get their account number, you can make a deposit slip and just deposit directly into their account. If you've got the cash, BOOM, it shows up immediately in their account.

That maybe two too many if's tho.

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Dieppe

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from: dieppe
date: Nov. 13th, 2003 05:37 am (UTC)
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Not to mention, if you do a deposit directly into their bank account (assuming that the bank they use has a branch in California as well), it'll be totally FREE to make the deposit as long as you are depositing CASH and not fussing with checks.

I've sent my mom money that way several times. She doesn't have to go receive it anywhere, I don't have to pay to deposit it, not even the cost of a stamp, and it shows up more or less instantly because she's going to use it to pay bills with anyway.

SO what she said! :)

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soulspirals

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from: soulspirals
date: Nov. 13th, 2003 06:28 am (UTC)
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We can no longer access the Washington Mutual account we had in CA. We currently use a local credit union here in Ithaca.

I did find out that there is a Western Union location 1.5 miles from where I'll be staying tonight. I didn't check what the fees are to use them.

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secretslip

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from: secretslip
date: Nov. 13th, 2003 09:15 am (UTC)
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They charge fees, though. I remember when I was in Eliat, Israel, my parents used western union and sent me a couple hundred bucks for my birthday, all of which, I did not receive.

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