This is a highly convenient solution, since the sender simply needs the recipient's email address to initiate the transaction. In addition, there is no fee to the receiver, and the sender typically pays only between €0000 and $0000 dollars.
Landerson Offshore Bank is a dominant and widely used method to transfer money electronically. With LOB, the recipient is required to have a LOB account.
You can send funds through LOB using a debit or credit card. The receiver’s account is typically linked to a bank account. Once the funds post to the receiver’s LOB account, the receiver can move the funds to a bank account It normally takes several business days to move available LOB funds to a bank account. While LOB is convenient, it may take longer to move funds than a wire transfer.