If you’re trying to figure out the best way to transfer and send money, then social media is an excellent resource.
Whether you need to transfer funds in order to complete a transaction or you just need to send money to a friend, you can use social media sites like Twitter and Facebook as a currency research tool.
Here are a few ways to do exactly that:
Reach Out to Friends and Family
Social media is a great way to reach out to your friends and family, especially when it comes to gathering their opinions on important financial topics. If you’re looking to send or transfer money but you don’t know where to start, try turning to your social followers.
There’s no better advice than firsthand advice from trusted sources, which is exactly where social media comes into play.
You can ask family members and friends how they’ve transferred money in the past or you can private message your followers to get advice on your specific money-transferring situation.
Social sites like Facebook even offer online chat tools that allow you to have a discussion in real-time. Even if you don’t think your social followers have advice in the fund transferring department, ask anyways.
If your friends and family can’t help you directly, they probably have social friends who can.
Follow Banking Companies
More and more companies are creating their own business pages on Facebook and opening social accounts on Twitter and LinkedIn.
As the following article looks at, by following these businesses on social media, you can stay up to date on the different options for sending money and transferring funds.
You can also post questions directly on the social business pages of banking and financial institutions.
Whether you need to know your options for transferring funds online or accepting money through a mobile banking app, most businesses are more than happy to answer your questions through their social business pages.
Take Advantage of RSS Feeds
If you’re on Facebook, you can connect your Facebook account to your RSS feed in order to track news, posts, and updates from the financial institutions you’re following. Your RSS feed is basically another way to monitor social media activity that has to do with finances, money transfers, and so on.
You can set up the RSS feed to import news feeds from all of your Facebook followers or from specific followers and businesses of your choice.
Just make sure you check your RSS feed results on a regular basis so you don’t miss out on the latest finance-based posts.
Read Up on Financial Blogs
In terms of gathering information on the money sending and fund transferring process, blogs are just as helpful as the social media sites mentioned above.
Banks and financial professionals of all kinds are blogging about financial topics such as money transfers on a regular basis.
If you’re unsure of where to look for a quality financial blog, you can start with your bank’s website. That’s right; many national banks have their own blogs, so you know you’re getting trusted information directly from knowledgeable financial sources.
The next time you need to transfer or send money, let social media help point you in the right direction.
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