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Friday, February 13, 2009

Tips on Sending Money to El Salvador

By Chloe Banks

There are a variety of ways to send money quickly to El Salvador. The level of security, cost and amount of time it takes for money to arrive differ for each service.

In case of an emergency, a person sending money to El Salvador may need to make the money available as quick as possible. It is important to know what options might work best when time is the most important factor in making a money transfer. The most important thing to remember is not to panic, but to prepare now to have everything in place to initiate a transfer when necessary.

Often sending money online through services such as ATM Cash www.atmcash.com is the easiest and quickest way to get money when you need it. Services such as this allow you to send money 24/7 right from the comfort of your computer.

Another way to ensure a quick transfer of money to El Salvador is ensuring the recipient has an ATM or debit card. If the recipient is someone trusted, it's often useful for them to have a bank card linked to your checking or savings account.

If you are comfortable with the cardholder having access to your account at all time, they can have a card and PIN number to access cash through an ATM machine. If you do not want the recipient to have access to money at all times, a pre-paid debit card is a good solution. It works just like an ATM card except that it is loaded with a specific amount of money.

The cardholder will have no access to funds until you have refilled the pre-paid debit card. At this time you could notify the recipient via phone that money has been added to the card.

Another way to quickly send money to El Salvador is opening an account with a bank that has branches in both the U.S. and El Salvador. This would help facilitate easier transfers since you wouldn't have to deal with inter-bank transfers.

The above are some steps to ensure that money to El Salvador arrives quickly when you need it.

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