How to receive money from Europe or the US for free!

Now that you have created a Beans account you might wonder how to receive money from Europe or the US. No worries, we got you covered with this email! Below you will find a few simple steps to start receiving money from all over the world. Let’s get started! 🔥

Receive money from the US

In order to receive money from the United States, The sender will need to deposit funds into Beans! To accomplish this, they will need to select USD as the default currency. The sender can do this by going to profile picture > preferences > change currency> US Dollars. Once in the deposit section, they can deposit funds using either Moneygram or Stably. Once the account is funded, the sender can send you the money instantly and with zero fees!

Want to see how to change the default currency? Check out this video!

Receive money from the EU

To receive money from the EU your associate needs to deposit funds to Beans! To do this, they need to set the default currency to Euro. In the deposit section, you’ll now have the option to deposit using Mykobo or (if set to USD) using MoneyGram. After the account is funded, the sender is able to send you the money!

Withdraw your money in cash!

You have received money from the EU or the US. Great! But what if you want to withdraw it to your wallet? Make sure your account is set to USD. Go to the withdraw section, select MoneyGram, and follow the steps. Visit one of the 300.000+ stores in one of the over 200 countries, and you’ll have your cash money in no time!

Prefer a digital withdrawal? Set your account to ARS, and select Anclap. After following the steps you’ll have the money deposited into your bank account in no time!