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What’s the Difference Between Sending Money Online to a Bank Account or for Debit Card Deposit?

Send Money to Your Loved One’s Bank Account in with Debit Card Deposit

Did you know there’s a way to send money to your loved one’s bank account in real-time,* day or night?

VISA technology helps you get money to friends and family overseas.** Just choose Debit Card Deposit and enter your recipient’s eligible VISA Debit card number instead of their bank account details and routing number.

But how is it different than a traditional bank account transfer?

Both methods mean money will arrive in your recipient’s account, but they use different routing methods to get the money there. Traditional transfers use bank account numbers and route the money through bank networks, which can be slow, but Debit Card Deposit uses your loved one’s debit card number and a different technology. This means MoneyGram uses VISA’s global card network to move money fast and directly to the account linked to your recipient’s eligible debit card, so your loved ones can access the money in 30 minutes or less.*

No need to worry about bank or cash pickup location hours. The money goes directly into your recipient’s bank account and is usable in 30 minutes or less soon as it’s posted!* It’s fast, easy and reliable.

Try a quick transfer to your friends and family using Debit Card Deposit today!

*Actual fund availability depends on receiving financial institution and region.

**Availability varies by market. Please refer to your VISA representative for more information on availability.