Posted on by Anastasia R.

Sending money online is a great way to transfer money to another person without having to own a bank account. Let’s face it, some people do not like to keep bank accounts or do not have one for some personal reason. And while the number of unbanked households declined between 2010 and 2019, according to an FDIC study, you may still need to know how to transfer money to an unbanked person. So if you are wondering how to send or receive money without a bank account, we are here to give you all the information you need!

Sending Money Online

When sending money online without owning a bank account, there are a few things you need to know. You must first open an account with the remittance company or site that you are going to use to transfer the money. is a great site that allows you to send money to places like Nigeria quickly and easily, all without having a bank account.

The site will then allow you to choose the country that you want to transfer money to. Next, you should learn more about the exchange rates and any specific fees that have to do with money transfer to that country. Your account will help you choose out just how much money you are going to send, as well as how you are going to deliver the money to your recipient.

No Bank Account, No Problem

When sending money through online remittance services, you can use a prepaid money card, a credit card, or a Visa gift card. You can transfer money from your credit card or your prepaid card just like you would with a debit card that would be attached to your bank account. These cards double as bank cards in a way and make it possible to send money online.


Delivery Methods

There are a few different ways your friends or family can receive money from you. The first is a direct deposit to their bank account if they have one. You will need the recipient’s bank account information so that you can directly send money to them. You can also send money to your recipient directly to their front door through Sharemoney’s door-to-door delivery, which is both easy and convenient. If these options are not available in your recipient’s country, you can also have money sent to a pickup location where your recipient can go and retrieve their funds.

No matter how you decide to transfer your money, you can send money without having a bank account. Though bank accounts may make things a bit faster in some cases, there are certainly plenty of opportunities to send money to someone without a bank account. Money transfer opportunities have come a long way and sending money online is easier and safer than ever before so that you can get your friends and family the money they need.

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