Posts Tagged ‘transfer money’

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.

About the Author: