Home Financial Transfer How Can I Send Money to Myself? [10 Methods]
Financial Transfer

How Can I Send Money to Myself? [10 Methods]

How Can I Send Money to Myself

How can I send money to myself? Well, there are many ways to fund or send money to yourself, including traditional card/bank to card/bank transfer or using mobile payment apps.

In various situations, such as transferring between banks or depositing into a savings account, you might find yourself sending money to your own account. This can be useful when you reside in a foreign country or manage accounts across different nations. Every transaction then becomes an international affair.

For those who need to move money across international borders to their own accounts, there are multiple methods available. Each method comes with its own set of advantages and disadvantages in terms of fees, speed, and adaptability.

So, to send money to yourself, especially for overseas transfers, this guide will help you determine the most suitable money transfer method.

Key Takeaways

  • There are several ways to send money to yourself, including using apps like Zelle, Cash App, and Venmo, or traditional methods like direct bank transfers and Western Union.
  • Each method has its own rules and limitations, so it’s essential to choose the one that suits your needs and location.
  • Whether you’re transferring money domestically or internationally, understanding the fees and processing times is crucial to making the right choice.

How Can I Send Money to Myself?

How Can I Send Money to Myself

1. Use Zelle

Can I use Zelle to send money to myself? You can. Zelle allows you to transfer money instantly between US banks that support Zelle, and it’s tied to your bank account and phone number. While you can use Zelle’s standalone app, most major US banks have integrated Zelle into their systems, making transfers easy.

You can have two Zelle accounts but there are some things to consider. Before creating an account, ensure your bank supports Zelle. The setup process might differ depending on your bank. Also, you can create two Zelle accounts using different credentials. However, you cannot link a bank account to more than one Zelle account. So, for a second Zelle account, you’ll need a different bank account, email, and phone number.

To send money between your Zelle accounts, use your banking app. Go to the section that allows direct money transfers to individuals. Enter your second Zelle account’s phone or email, specify the amount, and confirm. The transaction should be instant.

*Note

It is safer to use your bank’s app. If you use the standalone Zelle app, your bank might not guarantee the safety of your funds.

2. Cash App

Yes, you can use Cash App to send money to yourself. However, there are a few things to keep in mind.

You can have two Cash App accounts and send money from one to the other. However, doing this frequently might be seen as suspicious and could lead to your account getting flagged or banned.

You can add funds to your Cash App using a debit card and then withdraw or spend those funds. There’s no need for two accounts if your primary goal is to send money to yourself.

However, you cannot send money to yourself using a credit card on Cash App. If you try this method, the money will return to your credit card and not be available as cash.

Know that your Cash App account can be associated with multiple phone numbers and email addresses, according to Cash App. However, if the phone number or email is associated with another account, Cash App may need additional confirmation in order to transfer it to your current account.

3. Venmo

You cannot directly use Venmo to send money to yourself using a single Venmo account. Venmo will block any attempts to do so, and you’ll receive an error message if you try. However, there are some workarounds:

If you have a Venmo debit card, you can deposit funds into your Venmo balance from your bank account.

This isn’t the same as sending money to yourself, but it allows you to increase your Venmo balance.

You can set up a separate Venmo account and transfer money between the two accounts. However, both accounts must be connected to different external bank accounts. Venmo doesn’t allow users to have multiple accounts, and doing so can get you banned. If you decide to use this method, use an alias and perhaps a different phone number for the second account.

Another alternative is to give cash to a trusted friend or family member and ask them to send it to your Venmo account.

4. Direct Bank Transfer

One of the methods to send money to yourself is through bank account transfers. This can be done at your local bank branch, online, or even at an ATM.

For domestic transfers within the same country, the process is usually quick, and often completed on the same day. Moreover, many banks offer this service for free or at a minimal cost.

However, when it comes to international transfers, there are a few things to keep in mind:

  • If you’re moving money between two different banks, there might be fees involved.
  • The transfer could take several working days to complete.
  • The currency exchange rates can fluctuate, potentially incurring extra charges.

Note that you can only send and receive money in the currency that your account supports.

5. Western Union

Yes, you can use the Western Union TravelWiseSM service to send money to yourself. This service is designed for international travelers who want a convenient way to access their travel funds without carrying a lot of cash.

The Western Union TravelWise service allows you to send money to yourself and then pick it up in the local currency when you arrive at your destination.

You can also lock in your exchange rate before you travel and maintain a “stash fund” for unexpected expenses.

The service is available online or at a Western Union agent location.

How to Send Money to Yourself Using Western Union

Online

  • Visit the Western Union website.
  • Register if you haven’t.
  • Choose your destination country.
  • Enter the amount, and select cash at an agent location for the receiving method.
  • Pay with your credit or debit card and save the tracking number (MTCN) sent to you.

At an Agent Location

  • Find a nearby agent location.
  • Fill out the Send Money form, and make sure to use your name as both the sender and receiver.
  • Pay the required amount and fee in cash.
  • Keep the receipt and MTCN.

Picking Up the Money

  • Once you reach your destination, find a participating Western Union agent location.
  • Provide the agent with your MTCN to locate your transaction.
  • The agent will then give you your money in cash.

Always keep your tracking number (MTCN) safe, as it’s essential for picking up your money.

6. PayPal

Yes, you can send money to yourself on PayPal. However, if you’re trying to move money between two of your own accounts, it’s generally fine. But if PayPal suspects you’re trying to evade fees or engage in suspicious activity, your account could be flagged or limited.

Sending money to yourself might incur fees, especially if you’re using a credit card or sending money internationally.

Also, continuously sending money to yourself can raise red flags with PayPal’s security system, potentially leading to account limitations or investigations.

If you’re sending money to yourself, it’s typically done between two different email addresses that are both linked to your name.

7. Card to Card Transfers

Transferring money between cards is possible. You can use an app like the Fin.do app to send money from one card to another. Fin.do lets you move money between Visa and Mastercard cards. It works with all card types: debit, credit, prepaid, and more.

You can even send money to cards in other countries. Also, you can add as many cards as you like to your Fin.do account.

There’s no limit to how much you can send, and there’s no minimum amount.

There are no extra fees, even if you’re transferring between different cards, card companies, or currencies.

8. Google Pay

You can transfer money from your Google Pay account to your linked bank account or debit card that belongs to you. However, this information only applies to people residing in the US.

Also, there are limits on how much money you can transfer out of Google Pay, so check these limits.

If you’re transferring to your bank account, it may take 1 to 5 business days for the transaction to complete. You can track its status in the Google Pay app by going to the Insights Tab, scrolling down, and finding the transaction under “All transactions.”

Here’s how to initiate the transfer:

  • Open the Google Pay app.
  • Tap your profile icon at the top right of the home screen.
  • Below your profile, tap Google Pay balance.
  • Select Transfer out.
  • Enter the amount you want to transfer.
  • Tap Next.
  • Choose your payment method. If you haven’t added one, learn how to add a payment method.
  • If you’re transferring to your bank account, it’s usually free and should be available in your account within 1 to 5 business days.
  • If you are using a debit card for the transfer, please note that there’s a fee of 1.5% (minimum fee of $0.31) for this type of transaction.
  • Finally, tap Transfer out.

9. Chime

You can send money to yourself using Pay Anyone with Chime. For this method, you have to create another Chime account with a different phone number and email address.

  • Log in to your Chime mobile app.
  • Select the Pay Anyone tab.
  • Search the name of your second account, $ChimeSign, or enter the email or phone number you used.
  • Enter the amount and reason for sending the money.
  • Confirm the amount and recipient.
  • Choose Pay now to send the money.

You can use Pay Anyone to send money to a non-Chime account if you are yet to sign up on your second account.

You just need the phone number or email address you want to use to open the second account to send money to.

Also, you can send money to your second account that isn’t a Chime member yet. Follow these steps.

  • Log in to your Chime mobile app.
  • Select the Pay Anyone tab.
  • Enter the email or phone number of the non-Chime account.
  • Enter the amount and reason for sending.
  • Confirm the amount and recipient.
  • Choose Pay now.

When you send money to a non-Chime account, you will receive a text or email notification. You have 14 days to provide the required information to claim the funds on that account.

10. World Remit

When traveling, especially to remote areas, carrying a lot of cash might not be ideal. Local ATMs and currency exchange places might not offer the best rates or fees either. That’s where our cash pickup service comes in handy.

With World Remit, you can pick up physical cash from a network of locations in various countries, especially in Central and South America, Africa, and South-East Asia.

Here’s how you can send money to yourself using World Remit:

  1. Register for free on the website or use the WorldRemit app.
  2. Choose the country you want to send money to and your preferred service.
  3. Enter the amount you want to transfer, and you’ll see the fees and exchange rate upfront.
  4. Provide your account details.
  5. Make the payment using one of the payment options.

Collecting your cash is easy. You’ll only need your passport and the collection code. Check if cash pickup is available in your destination country by clicking HERE. Many World Remit customers have found this convenient when sending money to themselves.

Conclusion—How Can I Send Money to Myself?

Yes, you can. Transfer times vary depending on the method. Bank transfers take 3-5 working days, while online money transfer services and digital wallets typically take 24 hours. You can also transfer money to overseas bank accounts or cards. Costs and restrictions differ depending on the provider.

Check your chosen money transfer provider for supported currencies. Usually, you can send and receive your local currency or the currency your account or card uses.

Ultimately, fees vary by provider, so check before sending. International bank transfers are usually more expensive, especially with currency exchange involved. You can always review the fee and conversion rate before confirming your transfer.

Read alsoCan You Send Money to Yourself with PayPal Credit?

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Written by
Jim Marous

Jim Marous is a Top 5 Retail Banking Influencer, Global Speaker, Podcast Host and Co-Publisher at The Financial Brand. I am a co-author here at Blueopes Finance, writing on a lot of topics regarding payments, banking software, cards, and investing.

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