Sending money, whether on a personal or professional level, always arouses some insecurity. In the digital age it is a common and usual procedure, but it is never risk-free. Therefore, putting our capital in good hands so that it reaches its recipient without any “interference” is the first step. A trust that Correos offers us, which puts numerous possibilities at the service of individuals and companies to manage payments securely. They are services that you can hire easily and quickly. Now, which one best suits your needs? Here you have the answer.
Are you a great traveler? Whether the answer is yes or if you are simply an online or physical buyer, a father or mother (with children who spend), a person without ties to the financial system or someone who wants to control their expenses, this is the best option to recharge and send money instantly.
The Correos Prepaid Mastercard® Card for Individuals does not require any bank account and you can only spend the amount previously recharged on it. In addition, you can withdraw cash at any Post Office or ATM, both in Spain and abroad; direct debit all your receipts, collect your payroll or pension thanks to the IBAN service; and check the movements and balance instantly through the Correos app and website.
Self-employed, SMEs or large companies. They all fit into this comprehensive solution that complements banking services. The way is convenient and simple: the contracting company requests as many cards as it needs, assigns them to its employees and configures what they can do with them. That is to say: how much money they have, what they can spend it on and the alerts to receive (spending limit, use abroad, card blocking…).
Additionally, when using them to pay, employees can receive a notification in their app to upload a photo of the ticket and tag the expense. The complete report for each employee will be accessible instantly, so that the company will always have everything under control. The Correos Prepaid Mastercard® Company Card is, therefore, a system designed to automate expense management that covers everything from the administrative part of the financial or HR departments to the management of expense notes by employees.
The usual one: sending money from the Post Office. You pay, immediately and in cash, the amount of the transfer plus the fees and you are given proof of payment. You can be an individual or a company, the same as the recipient. Furthermore, if you wish, it is possible to contract the additional Delivery Certification service so that it is recorded for the purposes that are necessary and with legal validity against third parties.
The transfer is available both nationally (payments to any person or entity in the same or different locality within the national territory with home delivery, deposit into a checking account or office – with immediate transfer -) and internationally (payments to people in the localities of the countries with which Correos has established an agreement, guaranteeing the amount transferred and taking into account the restrictions that each country has in force regarding the types and forms of payment).
Correos Cash Santander, Correos Cash Evo Banco, Correos Cash Triodos Bank, Correos Cash Ibercaja, Correos Cash Banco Mediolanum, Correos Cash Bancofar, Correos Cash CaixaBank and Correos Cash BBVA. These are the eight entities that provide their service in the Post Offices. What does it consist of? It allows you to enter and withdraw cash or request cash delivery to your home, managing it quickly and efficiently with one of the collaborating banks. You can even enter checks. You will only need the bank’s app if you are a digital customer, and if you are not, the Correos employees will request the necessary documentation.
Correos offers Correos Cash throughout the national territory through its 4,675 citizen service points: from computerized offices to rural service points or postmen (also rural). It is an accessible and close service, since Correos has customer service in most municipalities in Spain, so you will always have a point at hand where you can carry out your operations, and with flexible hours. In the case of banks that do not have offices in certain locations, since they have been progressively closing them to adapt their business, Correos acts as a link to facilitate cash and carry out operations between the bank and the client. Everything is easy!
If you are thinking of traveling outside the euro zone with foreign currency in cash, this euro exchange service for another currency (more than 70 available) is for you. You can request it at the Post Office or online, and collect the currencies in offices or have them sent to your home in just 48-96 hours. For orders over €500, shipping will be free, along with theft insurance and return guarantees.
For Christmas, during the agricultural harvest campaign (strawberry, olive…), for the celebration of Ramadan or on the occasion of Father’s Day or Mother’s Day (in Latin America). Throughout the year, there are many special moments when, if you live in Spain, you may want to send a remittance to your loved ones. Specifically, to a bank account in more than 100 countries around the world. The beneficiary does not have to travel to pick up the shipment.
The procedure is also very simple. At any Post Office, the customer must provide the recipient’s information (person receiving the money), choose the amount to send (taking into account the service fee) and the money will be at its destination in a few minutes. This will be held in the system for payment for approximately 90 days. After this period of time, if the money has not been withdrawn, the sender may recover it by requesting it with proof of the operation and valid documentation.
Sometimes, no matter how much we have thought about it more and more, we cannot find the perfect gift idea for our son for his birthday, our partner for Valentine’s Day or our niece for her Communion day. Why not give that special person a single-recharge card that they can spend at any physical and online store in the world that is part of the Mastercard® network, in which you set the amount (from €20 to €150)? The Correos Mastercard® gift card can be purchased at any Correos office, where it can be recharged instantly. It is not nominative, so you can give it to whoever you want.
If you are a public administration and you need a payment tool in which social aid is implemented for citizens who meet certain characteristics, requirements and/or conditions, this is your card. What does it offer? Above all, simplicity, since it reduces the costs and complexity of management for public administrations, facilitating the rapid availability of social aid to its beneficiaries through letters to clients’ homes, delivery to the commercial office or directly sending a package to the entity.
The thing works like this: with the Correos Prepaid Social Aid Card you assign an entity to a beneficiary in order to cover a social aid, subsidy or social bonus on a one-time or recurring basis, which allows you to make purchases in any establishment where Mastercard is accepted, always and when authorized by the mandating entity.
Among its benefits is control of the use to which the funds are allocated, since this service allows you to configure the blocking according to the type of businesses. For example: “use the card only for food and pharmacies.” There are both standard and nominative cards. Another (social) advantage: it allows the financial inclusion of people in vulnerable conditions.
Whatever method you choose to send money, it will always be in the best hands: those of Correos. The easiest way to manage your payments securely.
