Sending cash through the mail might seem like an outdated method, but it can still be done safely. This article explores various options for sending cash securely, including insured mail, checks, and money orders, highlighting the risks and benefits of each.
“Sending cash physically via mail or something is probably one of the least efficient options for moving money around,” says Kevin L. Matthews, a financial adviser who has offered money advice for WIRED before. “It's not necessarily something that I would recommend.” The problem, he says, is that if something goes wrong and the cash goes missing, there’s really nothing you can do about it.
Walmart offers money order services as well, via a partnership with Western Union. The difference is that Walmart says it charges a maximum fee of $1 for its services. You’ll also have to go into a physical Walmart location and share the details of the sender and the recipient. Money orders are safe and reliable if you get them through the right vendor.
CASH TRANSFER MAIL SAFETY SCAMS MONEY ORDERS CHECKS
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