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How are money transfers paid out to individual receivers?

April 26, 2017individual money paid receivers transfers

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How are money transfers paid out to individual receivers?

2 Answers

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10 Posted

In most cases, money transfers are paid out in cash. However, depending on the amount sent and the location, some money transfers will be paid out by cheque, or in a combination of cash and a cheque. International transactions are usually paid in local currency. Other restrictions may apply.

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Posted

In most cases, money transfers are paid out in cash. However, depending on the amount sent and the location, some money transfers will be paid out by check, or in a combination of cash and a check. International transactions are usually paid in local currency. Other restrictions may apply.