3 secure ways to make cash pickup transfers via Paysera
What is a cash pickup transfer?
Cash pickup money transfers – the name says it all, doesn’t it?
With this type of money transfer service, you can quickly and easily send money to your loved ones, and they can collect it in cash.
No bank account? No problem!
The recipient simply needs to provide their date of birth and full name, and they can pick up the cash at a designated cash pickup location. Whether you're sending money to help with a sudden expense or to support your loved ones in another part of the world, cash pickup transfers make it easy and convenient.
What makes cash pickup transfer services valuable?
Although we live in a digital age, cash remains an integral part of many people's lives, and not everyone has a bank account. This shouldn't stop your loved ones from receiving money quickly and conveniently.
At Paysera, we understand the value of accommodating all of our clients' needs. That's why we've partnered with trusted industry experts to offer reliable cash pickup transfer services. Here are a few ways our clients can benefit from this convenient option.
Speed
No need to wait days or even weeks for the cash to arrive in different countries. With Paysera, you can send money overseas and the cash reaches the recipient in just 10 or 20 minutes!
Accessibility
You can send money online to anyone (as long as they’re at least 18 years old), almost anywhere, even if they don’t have a bank account. It's only required for the sender to have a Paysera account and the cash can be collected from a physical location overseas.
Easy to use
The process is quick and simple for both the sender and recipient – we’ll walk you through it in a moment, so you can see for yourself!
Security
With the cash pickup transfer method used, the sender and the recipient avoid the risk of losing money to fraudulent activities or theft, as the cash is kept safe in secure and reliable locations.
What Paysera has to offer
As a Paysera user, you benefit greatly from our partnerships, namely with Globus Bank, and very soon PrivatBank.
Now, each partner offers different conditions, so it’s up to you to decide which suits your needs best. Let’s discuss different options and find the perfect solution for you!
Before that, however, remember that you need a Paysera account to use these money transfer services.
Don’t have a Paysera account yet? Not a problem – creating a Paysera account is quick, easy, and totally free. Just click the button below to get started!
Globus Bank – Send money to Ukraine
For those of you who want to send money to Ukrainewe’d like to remind you about our partner Globus Bank.
With your free Paysera account, you can conveniently transfer funds directly to your family and friends in Ukraine.
Important details:
- The cash pickup service via Paysera is for private clients only.
- The withdrawal of funds can be completed at Globus Bank locations.
- There is no fixed commission fee, but a fee of 2.3% from the amount transferred applies.
- Supported currency: EUR.
- The transaction can be executed 24/7/365!
- Takes 10 to 20 minutes to reach the recipient.
- Can be transferred via Paysera online banking only.
- The monthly transaction amount should not exceed 4677 EUR. It is possible to have a higher limit, but this would require Globus Bank to open an account for the recipient.
PrivatBank – coming soon!
Even though PrivatBank is not available just yet, we are ready to share the key information with you! PrivatBank bank is one of the largest Ukrainian banks, and we are thrilled to begin our partnership with it.
This collaboration brings even more chances for you to send money for cash pickup, and we can't wait for you to experience it firsthand.
Important details:
- The cash pickup service via Paysera is for private clients only.
- The withdrawal of funds can be completed at 5700 ATMs or 1000 branches of PrivatBank.
- Commission fee: from 2.3%.
- Supported currency: EUR.
- The transaction can be executed 24/7/365!
- Takes up to 10 minutes to reach the recipient.
- Can only be transferred via Paysera online banking.
How to transfer money for cash pickup?
Really, there are only a few steps! Here’s how it works.
- Log in to Paysera online banking
- Under Transfers, select Cash Pickup
- Select the recipient’s country and the available cash pickup system
- Enter the amount you wish to transfer
- Choose the currency and provide the purpose of payment
- Type in the recipient’s name, surname, and other necessary information
Right away, you will receive a confirmation code which will be displayed to you in the transfer statement. Send it to the recipient – it’s their confirmation code, which will be required to collect the cash.
That’s it!
How to pick up cash?
First, allow us to highlight one thing once again – the cash recipient is not required to have a debit card or bank account. In fact, not even a Paysera account or debit card is needed – it’s really that simple. The only condition is that the person who receives the cash is at least 18 years old.
As for the procedure, here’s how it goes:
- Get the PIN code from the sender
- Grab your ID, national or international passport
- Go to the nearest designated cash pickup location
- Get your money!