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Sending Money to India: The Advantages of Sending Cash Fast

June 25th, 2018 Comments off

While vacationing in India for a few weeks a while back, the unthinkable happened; I lost my wallet. I luckily still had a passport, but I had to figure out a way to get money wired to India so I could get to the airport and back home. Had I lost my passport as well, this would have been a very different story.

It was difficult at first to find a place where my family could wire money to from the United States. All I was left with was a passport and suitcase, while I helplessly scoured for a wire service where I could get money sent. Finally, I found a place where my brother could send the money.

Ironically, just before I left for the trip my brother cautioned me to keep an extra stash of cash and an extra credit card in case I lost my wallet. Unfortunately I ignored him, figuring nothing like that had ever happened to me so it was best to keep everything in one place ” my wallet.

At the time, I didnt even have enough money to make a phone call but luckily a vacationing couple from Florida gave me enough to make a call and grab some food. When I called my brother, the first thing he asked was if hid extra cash and a credit card.

The second I realized I lost my wallet, I was on my way to a town I planned to explore before settling on on a place to stay. So while I waited for my funds to arrive, I had no place to go.

If you ever find yourself in a similar situation, make sure to have someone to reach back home, then give them the code of the location you would like the money. This code is available at all locations and significantly speeds the process along. Also, to avoid getting shortchanged ask your sender to ensure the funds will be automatically converted to the correct currency.

Although it was still a wonderful trip, I most definitely learned a valuable lesson.

Understanding all there is to know about money to India is not always easy. Luckily you can get everything you need right here at sending money to India

Transfering Money to Inmates

January 27th, 2018 Comments off

In 1930, the Department of Justice established Commissarys to Federal institutions. This Commissary was developed to help garner a savings account for the monies that prisoners collect not payed-out from the Federal State Penitentiary. For the first time, these accounts allowed the Bureau of Prisons to preserve responsibility for funds prisoners collect while confined. Funding sources are classically from family and friends, however, other sources are allowed to give as well.

If one were to send funds to a Federal inmate, the best way to do so would be through the U.S. Postal Service or money transfer service via the Quick Collect Program. Before any monies can be retrieved, the inmate must be housed at one of the Federal prisons. This means that if the prisoner is not physically housed at one of these facilities, the monies cannot be posted and will be returned – as anybody can send money to prisoners via the mail. There are stern guidelines that must be followed, otherwise, the monies may be rejected.

It is important to always remember that the monies are sent in a form of money order. The money order must be made out to the inmate’s full legal name with their personal eight-digit registration number. Again, cash or personal checks will not be accepted for deposit.

Other guidelines are also needed. The name and address of the sender must appear in the upper left hand corner of the envelope. This is necessary in case the mail needs to be returned to the sender. The deposit envelope cannot have anything other than the deposit. If this happens for any reason, the Bureau of Prisons will immediately trash of all items included with the deposit. If the monies are not received, it is the sender’s job to trace the funds through the institution where the money order was ordered.

As earlier mentioned, monies can also be sent to inmates via money transfer services, also known as the Quick Collect Program. If sent between the hours of 7:00am and 9:00pm Eastern Standard time, funds sent via this manner will post to the prisoners account within 2-4 hours. Any monies received after this time will be posted the next business day by 7:00am.

Once again, as reminder: It is crucial that the sender is aware of the specific instructions of sending funds. If for any reason, the prisoner number is wrong and funds are unintentionally posted to another inmate’s account, the money will most likely not be returned.

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Direct Debit Versus Direct Deposit – The Debit Card Debate.

May 14th, 2017 Comments off

It is in the best interest of a business to do their payroll as cheap as they possibly can. That is why it is great that direct deposit is not the only option. Now, direct debit is available. When needing payroll solutions that work, this one does. And this is amongst the very valuable payroll services that you can invest in.

As for how it works, each employee is provided with a debit card. Instead of using their usual bank account, they can use this debit card and it is specific to the money they make from their job.

Each pay period, you, the business, deposit money onto each card for each employee. This is great because you can have their money there in a timely fashion. There are no paychecks to be lost because everything is done electronically. If there is a mistake, it can be corrected much faster this way. This eliminates many of the tasks that would have to be performed by the payroll department if a check is involved. If someone doesnt get their money, it is easy to trace.

As for what the employee does after the deposit takes place depends on the employee. Its their money, so they can withdraw it from an ATM machine by using the cards pin number or use the card as is. The employee can even withdraw the money and deposit it in their regular bank account.

All-in-all, the way the card operates is no different than using the usual card issued by a bank. Bills can be paid with it, groceries can be purchased with it, and it can be used at a gas pump.

Youre able to use the card in so many places because the card usually sports a Visa or MasterCard logo. This is important so that the card can be used as a credit card as well. This means not having to enter the pin number each time you make a purchase.

And on the payroll side of the business, the process is the same no matter if there are 10 employees or 300. The system is affordable and works the same no matter how many employees is a part of the system.

So if youre a business looking for better payroll solutions, direct debit through a prepaid debit card or prepaid credit card can help significantly. It is quicker, cleaner, safer, and great for all involved. You would be amazed how much manpower is saved through this method.

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Manage Your Business Funds Without Debts Using Debit Cards

February 4th, 2017 Comments off

If you run a business, you should look for ways to control expenses. Debit cards are your solution if you are looking for a controlled way of spending money. You can’t spend more than what you have got assuming that you can pay later, as your account is debited almost immediately while using debit cards.

Wherever they go, people carry plastic cards instead of cash. For purchase, people swipe in plastic cards and buy what they want from nearby retail stores to bigger shopping malls. If you decide to buy something on the internet, you can’t do so without plastic cards. Each card has a number and other information that is used to identify any card.

Many people think that credit cards are the only available plastic cards. These credit cards are the main reason for accumulating debts because people become unable to afford the credit card bills later for the bulk purchases made previously.

You can call debit cards as prepaid credit cards. The debit cards are also swiped, but you won’t be able to spend more than your account balance.

Generally, your bank account will be linked with your debit cards so that all your payments are debited immediately. You need to have a non-zero account balance to use debit cards without worries. All types of transactions such as receive money and send money can be carried out with debit cards.

Just like for personal use, debit cards are available for businesses as well. Using business debit cards, you can have full control over your business expenses each day. If you need hard cash, you can use the same debit card to withdraw money from one of the several machines installed at many places. You can use the same card to check your account statement at any time.

When you use debit cards for business purposes, you dont have to worry about debts and you can take advantage of payroll solutions to simplify business transactions. As long as your bank account balance is non-zero, you can use the debit cards to make payments for your clients. For easy and smooth cash flow without debts, you must use debit cards for your businesses. Banks provide payroll solutions for business debit cards at no extra charge for business accounts.

Your suppliers will also be happy when you use debit cards because they will be paid instantly. After paying for your purchase, you can check the account statement. As you will not have debts using debit cards, you can keep your personal funds separately without any influence of your business operation.

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Go Mobile With Financial Independence – Get A Prepaid Credit Card!

January 27th, 2017 Comments off

Now you can travel internationally without any overhead tension of cash withdrawals and expenses. The debit card and prepaid credit card has made the life easier. You can receive money and send money while on the go.

As the prepaid credit card is bought with advance payments, there can be no teasing bills waiting for you. It is safe to go traveling with a debit card that gives you the flexibility to send money and to receive money as well. It remains under your direct control.

You can get multiple prepaid credit cards. The payment remains the same but if your original card is left, you still have a back up. In case of your partner, the debit card gives the freedom to receive money and send money to both of you, equally. Hence, it is over a secure network to make any transaction. The exchange rate that you would like to apply can be chosen beforehand, so that the market situation does not affect.

The prepaid credit card is generally used for handing out to kids studying or traveling through different countries. This also gives parents a free hand to control the expenses by debit card. You can keep a tab on when to send money and how much is to be spent. Kids can easily receive money or enjoy shopping.

There is a facility of customer care available 24 hours with your prepaid credit card. It assists you to send money, receive money and get emergency cash help via debit card.

A debit card allows you to withdraw money across continents. The location of ATMs can be known online. You can even change your prepaid credit card PIN and secure the access. When you want to send money to your kin, easy access is available. Same is the case when you receive money.

Your debit card is acceptable in any country throughout the world. Hence, the prepaid credit card means the capability of buying what you want and when you want it. It also allows you to send money as well as receive money, as and when required.

The debit cards are the most beneficial for incessant travelers, like that of sea farers. Different continents and yet no hassle to receive money! When you have a prepaid credit card, it is a cake walk to send money home from anywhere in the world.

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