Because some of the family in some country doesn't have a bank account, lots of immigrants are looking for a way to transfer money home in another country with cash pickups.
Good news is that Epay will support cash pick next week. So follow me to know more about the cash pick withdrawal function of Epay.
It will support withdrawal USD into more than 70 currencies in more than 100 countries and regions currently. Which means you should have USD in Epay account first. If you don’t have USD, you can deposit it using AUD, BRL, HKD, IDR, JPY, NGN, PHP and SGD by its local currency deposit function.
Cash pickup currency includes INR, BDT, NPR, PKR, PHP, LKR, VND, CAD, TRY, COP, and other 70 currencies. You can know all about it next week.
About Epay, we are a global payment provider now providing global money transfer, currency exchange, pay online and other financial services to global users. With the cash pickup function online, the whole global remittance network is more impeccable.
There are a few things to consider to make international money transfers with cash pickups.
Exchange rates. Nearly all providers skew exchange rates for a profit. Compare the rate you’re offered to the mid-market rate — the rate banks and transfer services use when they trade among themselves — and look for the smallest margin between them.
Fees. Does the provider charge a flat fee or a percentage of your transfer? Do the fees vary by method of payment? If you’re sending a large amount, will you qualify for a fee-free transfer?
Pickup locations. How many agent locations are there in the area you’re planning to send money to? Make sure the location and operating hours are convenient for your recipient.
Transfer speed. How long will it take for the money you send to be available for your recipient to collect? If you need to send an emergency transfer, can the cash be ready for pickup within minutes?
Transfer methods. Can you initiate the transfer online, by phone or with an agent? Does the provider offer an online app?
Customer support. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.