How to Send Money for Cash Pickup

Table of Contents

• What is Cash Pickup?
• How does Cash Pickup work?
• When should I use Cash Pickup?
• Cash Pickup tips for senders
• What are some cash pickup best practices senders need to be aware of?
• Initiating the transfer
• Processing the transfer
• Coordinating with your recipient
• Get notified about the cash pick up
• Will my recipient pay a fee when picking up cash?
• Cash Pickup tips for recipients
• What cash pickup best practices should recipients be aware of?
• Stay away from unsafe areas
• Avoid going alone
• Use the money as soon as you can
• Hide your cash
• Cash Pickup wrap-up

Don't have a bank account? Want to have cash on you? Cash pickup with XE could be the money transfer method for you.

Let's say you want to send money abroad to a loved one, friend, spouse, children, or other people, but they don't have a bank account. That means that traditional bank-to-bank and wire transfers are out of the question. So, how will they receive the money?

Cash pickup is the answer.

Cash pickup is a great option to send money overseas if your recipient does not have a bank account.

What is Cash Pickup?

There are various delivery methods to choose from when sending money abroad. When you choose the cash pickup option, your recipient can collect the cash from certain locations, usually one that is closest to.

Digital deposit into a bank account is not required.

Cash pickups are fast, convenient, and generally available in lots of locations globally. For example, if you send money with XE, they have over 500,000 locations in over 150 countries around the world.

With so much XE cash pickup locations available worldwide, you should take advantage of XE's cash pick up services. XE's cash pickup offering is exclusively available on their mobile app.

Your recipient can have instant access to the money you have sent once they collect it from the physical location, without needing to withdraw or exchange for cash themselves.

Cash pickups are fast and convenient. You can generally pick up money at nearby locations.

How does Cash Pickup work?

How to send money and pick up cash with XE Money Transfer? Follow the simple steps below to do so.

Once the XE app is downloaded and the transfer is initiated, the entire process of cash pickup works in four simple steps.

• Step 1 - Tap "Delivery Method". On the money transfer options, tap the Delivery Method dropdown to see more delivery options. This will let you choose Cash Pickup in the next step.





• Step 2 - Select "Cash Pickup" when prompted. When presented with various delivery options, choose Cash Pickup as your choice.





• Step 3 - Enter or select your recipient. Select your recipient now. You can also enter a new recipient if you have never sent money to them before.





• Step 4 - Choose an available cash pickup provider. Finally, choose the Cash Pickup location where you want your recipient to pick up cash. You can narrow down the choices by using the City and State search box at the top.

That's it!

As you can see, it is super convenient to send money overseas with XE Money Transfer, and choose cash pickup for your recipient to receive funds.

Cash pickup is fast, convenient and hassle free.

When should I use Cash Pickup?

There are several scenarios where cash pickup may be a great option to use when sending money overseas. Below, we present some good use cases for why you would want to use cash pickup.

• If your recipient does not have a bank account, cash pickup is the best option to send money to them.
• If you need to send money quickly (for example, in an emergency situation), cash pickup can help as usually cash is available within minutes after your transaction gets cleared.
• Sometimes your recipient just prefers cash. If that is the case, you can rely on cash pickup as your delivery option.

In the remainder of this article, we will cover some cash pickup tips and best practices for both the sender and the recipient.

Cash Pickup tips for senders

What are some cash pickup best practices senders need to be aware of?

In the below sections, we present some helpful tips that you should be aware of if you are sending money overseas and choosing cash pickup as the delivery option for your recipient.

Initiating the transfer

As the sender, make sure you enter the precise details of your recipient as shown on their identification card (ID). This will make it easier for your recipient to claim the cash once they present their ID at the cash pickup location.

It will also help if the chosen ID is a photo ID. This way, the local agent disbursing the cash to your recipient can finish identity checks easier. Additionally, by using a photo ID, the chances of fraud are heavily reduced.

Processing the transfer

The processing time often depends on the money transfer company you choose.

With XE, the transfer is instant and the recipient can pick up the cash within just a few minutes. When you confirm your transfer, you should receive an estimation of when the cash will be ready for pickup.

Coordinating with your recipient

When you're done placing the order, you'll get a reference number that your recipient can use to pick up the cash. You can also use the reference number to track the movement of the transfer.

Send the transfer reference number to your recipient. It's one of the recipient's requirements — along with a valid photo ID — to collect the cash.

Get notified about the cash pick up

Once your recipient picks up the cash at the specified location, you should receive an instant confirmation text or email. The notification will report the time and location of the pickup.

Another way to track the progress of the transfer is via the reference number you received when you placed the order.

Will my recipient pay a fee when picking up cash?

With XE, your recipients will not pay a fee for picking up cash. They are only required to present an ID and the transaction reference number. This makes cash pickup one of the most convenient options for receiving money abroad.

XE is one of the cheapest ways to send money for cash pickup due to their low, often 0, fees and more than 500,000 convenient locations to pick up cash.

Your recipient will not have to pay a fee to pick up cash at a nearby cash pickup location.

Cash Pickup tips for recipients

What cash pickup best practices should recipients be aware of?

Earlier, we presented tips that senders should follow when they send money for cash pickup. Now we look at the other side, and share some best practices that recipients should follow when they pick up money.

The most important thing to keep in mind as a recipient is - regardless of how safe the cash pickup location is, always be careful when picking up cash.

Stay away from unsafe areas

The cash pickup location chosen should be safe and open to the public. Reach out to the agent ahead of time, and call the agent to confirm if they are around or not.

You should also learn about their work hours to make sure you will visit at the right time.

Avoid going alone

Depending on the amount of money you intend to pick up, consider having someone you trust accompany you. Moving around with a huge amount of money all alone isn't such a good idea.

Use the money as soon as you can

If you intend to use the money to pay off some bills or to do anything else, do so immediately. The more you keep the money with you, the higher you're exposing yourself to risk.

Hide your cash

Never flaunt or show off your cash in public, and keep it as hidden as possible. Showing off can easily make you a target for criminals.

Cash Pickup wrap-up

Cash pickup is a great money transfer method for people who don't have a bank account, are in a hurry, need to use cash immediately, or just prefer to have cash on them.

XE is ready to be there for you and your cash needs around the world.