How to Send Money Fast

If you find yourself in a tough situation where you need to send money to someone fast, as in the case of a parent who has a cash-strapped college student or a customer who needs to pay a bill urgently, there are a few services that you can use to do so. Remember that with expedited services comes a price, so be prepared to spend a little more money than usual to get your payment to the recipient in time.

Things You'll Need

  • PayPal account (one option)
  • Money order
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Instructions

  1. Paypal

    • 1

      Send your money fast with your PayPal.com account. Assure that your payee has a valid email address that is linked to his own PayPal account (or ask him to open one in order to receive the money---it is a free process).

    • 2

      Click the "Send Money Online" link on the homepage.

    • 3

      Enter the recipient's email address and the amount that you want to send. Choose "Purchase" or "Personal.

    • 4

      Log in to your PayPal account (or sign up for a new one). Pay with a credit or debit card---the money will be sent to the recipient's email and PayPal account instantly. He can use his Paypal debit card to withdraw the cash immediately or do a direct deposit to his account, which will take about three days. He will pay a fee of about 3 percent for the transaction.

    Money Transfer Service

    • 5

      Go to your local MoneyGram or Western Union location to send money to your recipient immediately. You will most likely find one of these instant money transfer locations at a major supermarket or check cashing store. You can also go online to the company's website to send money fast.

    • 6

      Fill out a form with your recipient's name, city and state and pay the clerk the money you would like to transfer. You will also have to include a password that the recipient must recite in order to receive the funds.

    • 7

      Call the recipient to tell him the password listed on the application so that he can retrieve the money from a corresponding MoneyGram or Western Union location in his area. You will pay about $10 to $30 for this service depending on the amount.

    Overnight Shipping

    • 8

      Purchase a money order from the post office or a store that offers them (costs about $1). Money orders usually clear faster than checks.

    • 9

      Visit the post office or shipping location early in the day, preferably before 10 a.m., to assure that the money order will be eligible for next-day delivery.

    • 10

      Ship your money order via Express (overnight) mail, which costs about $15 to $20. Request early morning delivery if that is an option---some services can only guarantee afternoon delivery. There are also same-day shipping services offered by companies like UPS and FedEx, but be prepared to spend as much as $100 for that convenience.

    • 11

      Be sure that your recipient knows to be home to receive the money order; if not, the shipping service may hold the package at the location, which could delay receipt by at least a day.

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