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6 Easiest Ways To Transfer Money In 2022 You Have To Try

Transferring money to another person has become relatively easy over the years. Technology has made it possible for a person to send and receive money within a matter of minutes, hours, or days, depending on the method of money transfer chosen. 

There are different ways to transfer money across the world or domestically, and the following six transfer methods are the best ones for 2022. Whether you are transferring money within the same country or to an entirely different continent, you will find convenient and simple ways to make the process much easier.

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  • Transferwise

Transferwise is a money transferring app that is now known as Wise. It is London based and can be used to send and receive money internationally with a minimal transfer fee compared to other methods that you can choose from. There are many currencies that you can transfer. However, not all currencies are available. One of the cons you will find mentioned in any transferwise review is that the recipient will not be able to get the money in cash. Transferwise can only enable you to transfer money to bank accounts or mobile wallets.

  • Wire Transfer

The most common transfer method out there and one of the most reliable ones is a wire transfer through a bank. This guarantees that the money reaches the recipient no matter where they are. If time is of the essence, then this may not be the best option since wire transfers can take a long time, depending on your bank. You also need to provide a ton of information about yourself and the person you are sending the money to. The process is lengthy but reliable. Wire transfers are also great because they work with any currency and in any place all over the world, as long as you have the relevant banking information of the person or entity receiving the money.

  • Venmo

Venmo hasn’t been around for very long but has already gained a lot of popularity for its easy use. Venmo is a mobile application that you can use to transfer money easily. It works best with smaller amounts of money and can be used only in the United States. PayPal actually owns Venmo. It is great for on-the-go payments and transfers. One of its cons is that your transactions are public information, to some degree,  which can reveal some details that you wish to keep hidden. Because it can only be used in one area, it does not deal with a variety of currencies. Just like Wise, you only receive money through a mobile wallet or bank account.

  • Western Union

Western Union has been around for a long time and is one of the most popular options for transferring funds worldwide because of how widespread it is. The best thing about Western Union is that the recipient can collect cash. Like a wire transfer, there is some information that you will need to provide for the transaction to be approved, but the process is much faster and takes only a couple of days at most, rather than weeks. The recipient also has to provide a valid ID to receive the cash to ensure that it is going to the right person.

  • PayPal

Like Venmo, PayPal is a money transfer app. However, unlike its subsidiary, PayPal is recognized internationally and can be used in different countries all over the world for easy online transactions. You can use your PayPal account to pay for services and get paid for work. You can also use your account to transfer money to people you know. All you need is relevant information such as their PayPal username or email address and bank account number. The best thing is that you do not even have to pay a fee if you are sending the money to friends or family.

  • Zelle

Zelle is another international application for sending and receiving money. Unlike other direct transfer tools apps, Zelle acts as a middleman between different bank accounts. Instead of a wire transfer taking days or weeks to be completed, Zelle does the transfer in a matter of minutes. There are thousands of banks that are in the Zelle database. As long as both your bank and the other person’s bank are in the database, you can send and receive money in minutes.


These six money transfer methods have made sending money back and forth between people or entities much safer and easier. Some of these options require minimal fees. However, they are all well worth it. In no time, you will be able to send your loved ones money no matter where they are, and you can rest assured that you won’t get scammed in the process.  


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