How to Receive Cash Without a Bank Account

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Receiving cash without a bank account may seem challenging for individuals or businesses. Options do exist for sending and receiving cash, including Western Union and MoneyGram transfers. U.S. Postal Service money orders provide another way to send and receive cash without using a bank account. Money orders from other countries may present twin challenges of currency conversion and fees to cash them, so avoid using these if possible. Online accounts such as Liberty Reserve and Xoom provide more ways for customers to receive cash without banks.

Collect cash from Western Union or MoneyGram wire transfer. The sender confers with you and identifies the location at which you'll receive the funds. The sender then advises you when to pick up the cash. After learning a secret question and answer or receiving a money transfer control code for the transaction, go to the location to pick up money. Many people can pick up cash in about 30 minutes from the time the sender completes the transaction, according to "Se Habla Dinero: The Everyday Guide to Financial Success."

Bring personal identification such as a state-issued driver's license to show the clerk. Avoid telling anyone about the secret question and answer prior to picking up the cash.

Receive cash through a U.S. Postal Service money order. Present money orders to the postal clerk in increments of up to $1,000 each. Depending on the time of day, some post office branches may not have enough cash on hand to provide large amounts of cash. Recipients may take money orders to any USPS location for cash.

USPS money orders may also be cashed at a check cashing service. Present the USPS money order to the check cashing service. The service will verify the authenticity of your money order before cashing it. Most check cashing services require photo identification, such as a state-issued driver's license. Costs to cash money orders may be large relative to the amount of the money order.

Gather cash at 7-Eleven or other convenience stores by cashing store-issued money orders at the cash register. Present your money order issued by another location of the convenience store to the cashier. Cashing a money order at a convenience store may cost the holder a small fee or nothing at all depending upon the store's policy.

Acquire Liberty Reserve currency through an online account. Liberty Reserve, headquartered in Costa Rica, provides online money movement services to individuals and businesses. Sign up for a free Liberty Reserve account online by providing your name, address, and a credit or debit card. Receive LR-Gold digital currency from LR account holders. Digital currency may be used worldwide according to the website. An individual pays nothing to receive funds. Convert LR currency to cash with services such as PlusConvert.

Get cash from Xoom at more than 10,000 locations around the world. A sender arranges a money transfer by using a bank account or a credit card. Recipients pay nothing to receive cash. Xoom makes same-day home deliveries of cash in some countries, such as the Philippines. Recipients provide identification and details about the transaction to collect funds at a predetermined Xoom location. Country-specific cash receipt requirements are provided on the Xoom site.


  • Open a U.S. bank or credit union savings account to provide bank access when needed.


  • Cash movements are monitored by the Internal Revenue Service.