English English
What you need to know before transferring using a bank card

Bank card

Using a bank card as a sending method is a popular and convenient way to transfer money. The sender can use their bank card to make payments to a money transfer operator, which then sends the money to the receiver. Here are the general steps to send money using a bank card:

  1. Choose a money transfer operator: The sender can choose a money transfer operator that accepts bank card payments. Examples of such operators include Western Union, MoneyGram, and Wise.
  2. Provide the necessary information: The sender will need to provide the recipient’s name, location, and the amount they wish to send.
  3. Enter card details: The sender will need to enter their bank card details, including the card number, expiration date, and security code.
  4. Confirm the transaction: Once the transaction details have been entered, the sender will need to confirm the transaction. This is usually done by entering a code or by using biometric identification (such as a fingerprint).


Pros of using a bank card to send money:

  1. Convenience: Bank card transfers can be done quickly and easily, often requiring only a few clicks of a button.
  2. Fast transfer time: Bank card transfers are usually processed almost instantly, allowing the receiver to access the funds almost immediately.
  3. Widely accepted: Bank cards are widely accepted as a form of payment, making it easy for the receiver to use the funds.

Cons of using a bank card to send money:

  1. Transaction fees: Bank card transfers may be subject to transaction fees, which can vary depending on the money transfer operator and the type of transfer.
  2. Limited transfer amounts: Some money transfer operators may have limitations on the amount of money that can be transferred in a single transaction.


Debit/Credit Card

The sender will need to have a bank account with a debit or credit card that is compatible with the money transfer operator's system.

Sufficient funds

The sender will need to have sufficient funds in their bank account to cover the amount they wish to send, as well as any transaction fees that may apply.

Money Transfer Operator

The sender will need to have a basic understanding of banking systems, including how to use online banking and how to initiate transfers.