Read the latest Paysend articles","text":"Stay up-to-date with the latest news, insights and more.","isMobileBtn":null,"note":null,"img":null,"color":{"id":204,"bgColor":null,"titleGradient":"aubergine01","titleColor":null,"whiteText":null},"btn":null,"btn_mobile":null,"bgImg":null,"btnDemo":null,"extra_button":null},"tiles_section":[{"id":520,"title":"About","subtitle":"We’re a global FinTech company on a mission to change how money is moved around the world.","variant":"colored","size":null,"imgTop":null,"fullwidth":null,"btn_title":null,"url":"\/about-us","add_country_lang_inside_link":null,"enabled":null,"img":null,"color":{"id":878,"bgColor":"aubergine01","titleGradient":null,"titleColor":null,"whiteText":null}},{"id":521,"title":"Culture","subtitle":"Discover your potential, own your growth, shape your future.","variant":"colored","size":null,"imgTop":null,"fullwidth":null,"btn_title":null,"url":"\/culture","add_country_lang_inside_link":true,"enabled":null,"img":null,"color":{"id":879,"bgColor":"aubergine03","titleGradient":null,"titleColor":null,"whiteText":null}}],"seo":{"id":190,"metaTitle":"Paysend Blog: Stay Ahead with Paysend\'s Latest Insights!","metaDescription":"Dive into the future with Paysend\'s blog, exploring cutting-edge ideas and trends shaping the world of payments and finance. Stay updated and informed.","ShareImage":null}},"articles":{"data":[{"id":298,"title":"Paysend Giveaway! Claim 2 fee-free transfers, today","date":"2025-01-10","video_url":"https:\/\/www.youtube.com\/embed\/K3mcSiDbUlw","description":"
We’ve hit an incredible milestone - 10 million customers worldwide - and it’s all thanks to you! Every international money transfer tells a story of love, connection and support, and we’re so proud to be part of your journey.<\/p>
To mark this special occasion, we’re giving something back. Enjoy 2 fee-free transfers, when you enter promo code 10MFAMILY<\/strong> at checkout.<\/p>
Why this milestone matters<\/h2>
From the UK to Nigeria, the US to India, Paysend has connected millions of people with their loved ones, in over 170 countries. Each transfer represents more than money - it’s a lifeline, a gesture of care and a way to stay close across borders.<\/p>
Reaching 10 million customers shows the trust you’ve placed in us, and that’s why we want to celebrate this milestone by making your next transfers fee-free.<\/p>
How to use your 2 fee-free transfers, each time:<\/h2>
Log in to your app<\/li>
Select your destination country<\/li>
Enter your recipient’s details<\/li>
Input transfer amount \(no minimum required\)<\/li>
Select Add a code<\/li>
Enter promo code 10MFAMILY <\/strong><\/li>
Choose your payment method<\/li>
Confirm the amount and send. Your money will be on its way!<\/li><\/ol>
Important bits:<\/p>
Promo code expires February 17th 2025<\/li>
No minimum sending amount - send as much or as little as you like!<\/li>
Open to everyone - whether you’re new to Paysend or a long-time customer.<\/li><\/ul>
This offer is valid from now until 17th February 2025, so don’t miss your chance to celebrate with us. Use this opportunity to send money to any of the 170+ countries we serve, knowing that more of your money will go to the people who matter most.<\/p>
All ArticlesHow to transfer money to someone else’s bank account
How to transfer money to someone else’s bank account
2020-09-30
All articles
Money Transfer Guides
Personal Finance Tips
Want to transfer money online from your bank account to another? Whether you’re sending money as a gift, transferring cash to a dependent or relatives overseas, or simply sharing utility bills with your roommates, these days, the options for sending money are endless.
Transferring money directly to a bank account has many advantages over traditional ways to pay someone, such as cash or check, because these electronic transfers are fast, secure, and require less time and effort from both the sender and the recipient.
However, bank-to-bank money transfers come at varying costs and levels of simplicity. Read on for the top three methods explained so you can decide what’s right for you:
Wire transfers
If you want to stick with traditional money transfer methods, you can send money by visiting your bank, the local post office or a remittance shop like grocery stores. This is known as a wire transfer – a method that’s been around for nearly 150 years.
To send a wire transfer, you’ll need to pay the cashier at your chosen branch and give them bank details for both you and your recipient. They’ll do the rest for you, and your money will arrive within a few days. But beware, you may end up spending more than you expect on fees, as well as poor exchange rates. In fact, the average fee for sending a wire transfer internationally is $45.
E-wallet transfers
Another common method of electronically transferring money to someone else’s bank account is by using e-wallets. This involves signing up for an e-wallet service - such as PayPal - and sending money to someone else’s e-wallet within the service’s mobile app or website. Your recipient can then withdraw that money to their bank account.
One of the issues with this method is that it adds a few extra steps into the process – both sender and recipient signing up for an e-wallet, having to deposit funds into your account and then your recipient taking the money out of theirs. This can make money transfers using e-wallets longer and more complex.
Sending money overseas may be expensive with e-wallets, as well, so make sure you check the fees beforehand, or you may end up spending more than you intended.
Peer-to-peer transfers
You can send money from your bank account directly to another by using online platforms accessible through mobile apps or your web browser. These transfers are usually cheap to make, and all you’ll need is some basic account information from your recipient.
The major advantage of this type of transfer is that you can do it from home, so you don’t need to go to a bank or post office to send your money.
How to send money to someone else’s bank account with Paysend
Paysend is a convenient international peer-to-peer money transfer service that lets you send money from the U.S. directly to a bank account in 70 countries worldwide. The clear and simple Paysend Global Transfers app makes it easy to send money to your friends and family’s bank account quickly and with minimal fuss.
It’s free to sign up, and there is a low fee of $2 to send money. Money sent with Paysend normally arrives after just a few minutes.
To get started, head to the App Store or Google Play and download the Paysend app!