There are many money transfers services available to make your money transfer from. Those looking for fast money transfers can choose services that send money in ten minutes. Of course, you have to be ready to pay the fees for this express service.

Money transfers can also be carried out with a bank draft but this needs three banking days for clearing. Then there is the pick-up mode of money transfer where money is personally picked up by the recipient at a servicing bank. The money has to be, however, picked up within 24 hours and only after producing the tracking number and relevant, valid identification.

A company’s partnership with banks makes direct deposit services a safe and convenient form of money transfer. However, depending on the location, the transaction may take up to seven days to clear.

Then there are the many money transfer services found on the internet for you to use, like PayPal, Moneybookers, Xoom and click2india.