Sending money transfers might sound complicated on paper. But in real life? We make it easy. That’s because one of the founding philosophies behind VoPay is the simple idea that sending money should be, well, simple!
So how does a money transfer work? And how do you send one with VoPay? For those who like to know how to do things before they do them (don’t lie, we know that’s you), here’s a helpful step-by-step guide.
To create an account with VoPay, all you need is two things: a valid email address and a password. Once you’ve created your VoPay account, you’ll need to enter a few personal details, including your name, address, date of birth, and phone number, to complete your profile. This information is used to verify your identity and is necessary to comply with anti-laundering regulations.
Next up: you’re ready to send your first online money transfer overseas! You just need to choose the amount you want to send from your bank. This is where it gets exciting. Not only do we use the Mid-Market rate – the real exchange rate – for down to the minute rates for your transaction, but we combine it with our one time, low transfer fee that you’ll always see up front.
Now, all you need to do is enter your recipient’s details – their name, their bank account information, and the reason or your money transfer. You may also want to include their cell or email address so we can confirm that the funds have been deposited into their account.
Last but not least, fill in your own bank account details to complete your transfer. You’ll only need to do this the first time; you have the option to store your banking information with VoPay for faster transactions in the future. Worried about who can see your information? Understandable, but with VoPay, you never have to worry. We use only the best, industry-leading technology for bank level security. Your information will always remain safely encrypted.
When you’re finished, just click on “Confirm and Pay”! We’ll immediately begin processing your transaction with our secure payment network. Depending on your destination, you’ll see your money arrive within 2-3 business days.
That’s it! It’s easy, it’s secure, and the entire process takes less than 5 minutes, the same amount of time you’d be waiting for a freshly brewed cup of coffee. Best part? Aside from how much you save (up to 7% on every VoPay transaction), you can send money from the comfort of your own home.
Are you ready to send your first online money transfer? Let’s get started!
Can't find the currency or destination you need? We will be happy to let you know when your currency becomes available!