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How To Send Money Overseas Anonymously (8 Proven Methods)

Since online Money transfer technology has emerged, sending money online has become a daily routine for us. When we made an overseas online transaction it leaves behind some clues about our identity like name, location of the transaction, IP address, financial status, spending habit, and many more. So it’s quite clear that privacy is the biggest concern while sending money overseas via an online money transfer system. Moreover, many people want to Send Money overseas without having to let the recipient know who the sender is. So, sending money privately is the best solution for both privacy concern people and people who want to send money overseas namelessly.

There are many ways you can anonymously send money overseas. You can use services like StealthPay, PayPal Funds, Google Pay, Apple Pay Cash, etc. to send money in incognito mode. Moreover, you can also send money using cryptocurrency, prepaid debit cards, anonymous cash transfers, and the recipient won’t know who the sender is. Moreover, there won’t be any digital trace of your transaction so you don’t have to worry about your privacy.

Reasons Why People Want Their Transaction Anonymous

Though anonymous transaction is associated with criminal activities or tax evasion many people choose this type of transaction for their privacy. Privacy is a human right and everyone wants to keep their financial and personal information hidden for their own safety. Moreover, there are other legitimate reasons why people seek anonymity for their transactions. Ask yourself; do you want to share your net worth, or transaction history, or other financial information online and make yourself vulnerable to advertisers or hackers. So if you want to prevent this from happening then you should make private transactions. If you are running a business then the impact is also larger. Usually, the business transaction data and patterns are related to trade secrets and client privacy. So sharing business financial information can damage your business’s reputation and your business competitors can take advantage of that.

How To Send Money Overseas Anonymously            

1. StealthPay

2. Money Transfer Service Provider

3. PayPal Anonymous Account

4. Using Cryptocurrency

5. Google Pay

6. Apple Pay Cash

7. Altcoins for Privacy

8. Private Crypto Wallets

1. StealthPay      

You can use the StealthPay service to send money privately anywhere in the world. SlealthPay allows its users to send money USD, EUR, or any other currency. Usually, StealthPay converts the money to Stealths (an anonymous digital currency) and then sends it to the receiving party in the form of Stealths. After receiving the fund, the user can easily convert XST back to USD, EUR, or any other currency. So the receiver won’t be able to know the real identity of the sender. Some of the benefits of using StealthPay are – 

1. Anonymous payments without any restrictions

2. Storage of your wealth in an anonymous mode

3. 20% revenue per year by holding Stealth

4. Instant payments

5. No limits on transacted amounts

6. No setup fees and no monthly fees

7. No merchant account is needed 

Follow The Below Steps To Send Money Privately On StealthPay:

1. If you don’t have a StealthPay account then register an account

2. Now log in to your account and choose the currency in which you want to pay

3. Then enter the amount that you want to send

4. Type the StealthPay address or the Email Address of the person to whom you want to send the fund

5. You can also add a note/reference if required

6. Then enter your valid email address

7. Check the Terms of Use box and click on the Order Now button

8. Next, you have to choose your preferred payment method and made the payment to complete the process

2. Money Transfer Service Provider

There are many money transfer service providers available like the MoneyGram, Western Union, etc. that will allow you to send money overseas without sharing your personal information. You have to choose a service and then locate an agent in the recipient’s country. Then the recipient will collect the money from the forwarding agency. Now follow the below steps – 

1. First, check if there is any forwarding agency in the recipient’s neighborhood

2. Now, to send the money to the forwarding agency, enter the payment information

3. fill out a form which will be sent to the recipient to inform them about the money

4. Make the payment and finish the process.    

3. PayPal Anonymous Account

When we think of sending money online the first name that comes to our mind is PayPal. PayPal is a prominent online money transfer service provider and using an anonymous account you can easily send money overseas without sharing your personal and financial information. This practice of untraceable money transfers via PayPal is widely used and it’s very simple. You have to set up a clean IP with a VPN and open a PayPal account with a false name and connect the account with an address that is linked to the paid VPN. Finally, add an anonymous debit card to verify the account. However, you must understand that there are serious legal risks involved with this method and you have to give up any legal recourse if you are defrauded. Now follow the below steps to send money overseas privately – 

1. the First login to your PayPal account and while logging in make sure your VPN is open 

2. Click “Send & Request” at the top of the page

3. Now select an option –

a) Pay for goods and services

b) Send to friends and family in the US

c) Send to friends and family internationally

4. Then enter the email address or mobile number of the recipient

5. Now enter the amount that you want to send and click on the “Continue”

6. Finally, review and confirm the information on the screen and click “Send Money Now”

4. Using Cryptocurrency

Though sending money overseas using Cryptocurrency is a bit complex but it will allow you to transfer funds anonymously. But, you have to understand that digital transactions with Cryptocurrencies also store your transaction data and history on the blockchain. So if you want to completely remain anonymous then you should try the Bitcoin mixing for an untraceable money transfer. Bitcoin mixing is also known as coin tumbling or laundering and it is a process that tries to break the connections between the Bitcoin sender and recipient’s address. There are many Bitcoin mixer service providers available and they are – 

Bitcoin Laundry

1. Minimum Deposit Requirement: Yes

2. Service Fees: No

3. Support for Multiple Addresses: Yes

4. Registration Required: No

5. Referral Program: No

6. Currency Supported: Bitcoin only

Mixtum

1. Minimum Deposit Requirement: Yes

2. Service Fees: Yes

3. Support for Multiple Addresses: Yes

4. Registration Required: No

5. Referral Program: No

6. Currency Supported: Bitcoin only

CryptoMixer

1. Minimum Deposit Requirement: Yes

2. Service Fees: Yes

3. Support for Multiple Addresses: Yes

4. Registration Required: No

5. Referral Program: No

6. Currency Supported: Bitcoin only

BitCloak

1. Minimum Deposit Requirement: Yes

2. Service Fees: Yes

3. Support for Multiple Addresses: Yes

4. Registration Required: No

5. Referral Program: No

6. Currency Supported: Bitcoin only

BitMix

1. Minimum Deposit Requirement: Yes

2. Service Fees: Yes

3. Support for Multiple Addresses: Yes

4. Registration Required: No

5. Referral Program: Yes

6. Currency Supported: Bitcoin, Dash, and Litecoin

ChipMixer

1. Minimum Deposit Requirement: Yes

2. Service Fees: No

3. Support for Multiple Addresses: Yes

4. Registration Required: No

5. Referral Program: No

6. Currency Supported: Bitcoin

BitcoinMix

1. Minimum Deposit Requirement: Yes

2. Service Fees: Yes

3. Support for Multiple Addresses: No

4. Registration Required: No

5. Referral Program: No

6. Currency Supported: Bitcoin and Ethereum

PrivCoin

1. Minimum Deposit Requirement: Yes

2. Service Fees: Yes

3. Support for Multiple Addresses: Yes

4. Registration Required: Yes

5. Referral Program: Yes

6. Currency Supported: Bitcoin, Ethereum, Bitcoin Cash, and Litecoin

SmartMix

1. Minimum Deposit Requirement: Yes

2. Service Fees: Yes

3. Support for Multiple Addresses: Yes

4. Registration Required: No

5. Referral Program: Yes

6. Currency Supported: Bitcoin and Bitcoin Cash

Bitmixer.io

1. Minimum Deposit Requirement: Yes

2. Service Fees: No

3. Support for Multiple Addresses: No

4. Registration Required: No

5. Referral Program: No

6. Currency Supported: Bitcoin only   

This Is How Bitcoin Mixing Works – 

First, you have to choose a Bitcoin mixing service provider and register an account with them. After registering the account, you have to log in to your account and then you have to submit the amount of Bitcoin you want to be mixed. Then the mixer service will mix your Bitcoins with someone else’s cryptocurrency and create a fresh batch of Bitcoins under a random address and send the fund to the recipient address. Once the mixing is completed it will become impossible to trace and in this process, you don’t have to submit any personal or financial information. While using the service you can also use VPN as an extra layer of protection.

5. Google Pay

Google Pay is a digital wallet platform that provides an international online payment system and with this service, you can privately send money overseas. With Google Pay, you can use a throwaway email, and fund it with a virtual credit card which is very convenient. You can easily open a Google pay account with a secondary email address that doesn’t contain your personal information. You can also provide a false name and address on your Google Pay profile so your privacy remains intact. You can also use a paid VPN to hide your location. Now follow the steps to send money overseas anonymously via Google Pay – 

1. First, open your paid VPN to hide your real IP address

2. Now Open your Google Pay app and log in to your account

3. Then tap the contact from your contact list that you want to pay

4. Next, enter the amount that you want to send

5. Finally, tap on the Pay button to send the money      

6. Apple Pay Cash

If your iPhone is running on iOS 11.2 or higher than the Apple Pay Cash app is already installed on your iPhone. Moreover, if you have set up Apple Pay with your debit card then you can easily send money without sharing your personal information. The best part of Apple Pay Cash is, it adds an additional layer of security for your banking data so you don’t have to worry about the privacy problem. Now follow the below steps to send money via Apple Pay Cash – 

1. First, open the messenger app on your iPhone and find the contact that you want to send money

2. You can start a new conversation or you can tap on an existing conversation

3. Now tap on the Apple Pay button located at the bottom of the messenger app

4. Then enter the amount that you want to send

5. Tap the Pay button and then review the Payment

6. Then Tap the send button

7. Finally confirm the payment with Face ID, Touch ID, or your passcode

7. Altcoins For Privacy

Bitcoin has some privacy problems; therefore other altcoins have stepped up to solve the pseudo-anonymity problem. So if you are trying to send funds overseas without letting the recipient know your personal and financial information then you can put your trust in privacy altcoins. The 6 most private Altcoins are – 

1. Monero: The popularity of Monero is on the rise because of its ability to help anonymize users. Monero uses ring signatures and stealth addresses so it is very difficult to trace the transaction. Both the sender and receiver can hide their identity in Monero transactions. By overall market value, Monero is the 26th largest cryptocurrency.

2. Zcash: According to Zcash they are the “HTTPS” of cryptocurrency. Due to its enhanced security and privacy features Zcash is very popular among crypto traders. It allows the users to shield their transactions so that their identities remain anonymous. Zcash has a market cap of $1.49 billion and it ranks 60 in the list of the available Cryptocurrencies.

3. DASH: It was created in 2014 and it allows the users to choose whether or not they want their transaction anonymous or public. It has a PrivateSend feature that allows users to send money privately. However, if you want to use this feature then it will slightly raise the fee of the transaction. DASH has a market capitalization of more than $1.46 billion and it ranks as 61st Cryptocurrency.

4. Horizen: This Cryptocurrency offers privacy shielded Z-Addresses and public T-Addresses just like Bitcoin but it also boasts a vast node network that improves anonymity. As of July 2021, Horizen is traded at $68.93 and its total market capitalization is around $776.56 million. In terms of market capitalization, Horizen ranked 83rd in the list of the available Cryptocurrencies.

5. Firo: Firo previously known as Zcoin is a privacy-first Cryptocurrency and its main aim is to provide better privacy for its users compared to other Cryptocurrencies. This coin was released in 2016 and it enables untraceable transactions so that the users have true financial freedom. It uses simple “burn and spend” model transactions which are impossible to trace.

6. PIVX: This Cryptocurrency combines the ZK-SNARKs technology with proof of stake to provide better security and privacy at the time of transactions. It also uses second-layer solutions to avoid network attacks from hackers. Moreover, PIVX doesn’t store any addresses or other private information and transaction information so you can easily send money anonymously.

8. Private Crypto Wallets

If you are not comfortable with other Cryptocurrencies and want to trade with Bitcoin then private crypto wallets are the best solution for your anonymous overseas fund transfers. The private crypto wallets have the same type of features as standard crypto wallets and you can easily send, receive, trade, and store your crypto assets with these wallets. These wallets provide you private keys with complete ownership so that you can send Bitcoin hiding your identity. Some of the best private crypto wallets are – 

1. Trezor Wallet: It is the most hacker-proof crypto wallet and basically it’s a physical device that you have to connect to your computer or other device and store your Bitcoin. So you store your Bitcoin offline and all your transaction data remain offline which makes it impossible for hackers to get access your information. The only drawback of this crypto wallet is, it requires a connection with an exchange platform in order to trade Bitcoin.

2. Mycelium Wallet: If you are looking for a better deal of privacy then this is the best option for you. Both the iPhone and Android phone users can use this wallet to receive and send Bitcoin and no third party can freeze or lose their assets. It means you will have complete control over your asset and you can transfer funds anonymously.

3. Armory Wallet: This is a desktop wallet so you can only use this wallet on your computer. The main focus of this crypto wallet is the security and privacy of the users. This wallet offers cold storage, multi-signature transactions, and one-time printable backups to a multiple wallet interface. So privacy should not be a concern for the user of this wallet.

FAQs About How To Send Money Overseas Anonymously

Can I Send Western Union Anonymously?

Physically you won’t be able to send Western Union anonymously because you have to provide your valid photo ID as well as the name and address of the recipient. However, there are two ways you can send money anonymously to Western Union. You can send money privately from an E-wallet or a digital wallet.

2. Can I Send Money Through Zelle Anonymously?

Yes, you can send money through Zelle anonymously. You will require an email id and phone number to send money using Zelle. So, you can easily hide your personal information and remain anonymous.

3. Can I Send Money Anonymously Through The Cash App?

Cash app transactions are anonymous but only the recipient will be aware of the transaction. If you want to hide your personal or financial information from others but ok with sharing the information with the recipient then the cash app is a perfect option for you. But if you want complete anonymity from the recipient then it’s not possible with the cash app,

4. When You Send Money On PayPal Does It Show Your Name?

Yes, when you send money, every time PayPal includes your registered name with your bank information. If you have a PayPal business account then PayPal will include the business name.

5. Can Western Union Transfers Be Traced?

Yes, you can trace the Western Union money transfer with their money order tracking service. You will need the sender’s phone number and the amount to trace the transaction.

6. Can You Send Money Anonymously On Apple Pay?

Apple Pay is not completely anonymous. You might be able to hide your identity from the recipient but the bank and Credit Card Company will still know who you have sent the money to and how much you have sent.           

Last Updated on July 18, 2021 by Musa D



This post first appeared on Business Management Blog For Students And Teachers For Learning Mgt Stuff, please read the originial post: here

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