Wire Transfer

Money can be wired by anyone to any bank account. The advantage of this method is that the  money is instantly in your account and available to draw upon. The drawback is that the costs are very high around $15 to $40 per transaction and the procedure is complex compared to other  payment methods.  Checks By Fax or Phone Again, the use of checks by fax, phone or email is a much cheaper and less complicated method to make and receive payments  on the internet.