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Have you ever attempted to send money to Brazil but found yourself hesitant because of the ridiculously high price? Or even worse, have you tried to wire to someone who doesn’t even have access to a financial institution to obtain the cash?

If you absolutely needed to send money to Brazil today, you’d only have a select few options. Luckily, the money transfer industry will change greatly over the next couple of years.

If you still need to send cash to Brazil, you can use a bank’s wire system. For international transfers banks created the SWIFT system, which has been around since the mid-seventies after seven international banks needed to transport money and decided to create a system that would allow people to transfer money all around the world.

One downside however is that both parties must have bank accounts – the sender in the country they’re transferring the cash from and the receiver in the receiving country. If one of them is not in their native country it will be difficult since they most likely will not have a bank account in a foreign country.

Another system does not require a bank account, you simply send money in the name of the other, and give the person who’s meant to get the money a code which allows them to get the money. Though a great way to send money, it was once the primary most popular way for terrorists to wire money internationally. But since September 11th, efforts have been made to tighten security, so now both members in the transfer are required to present some form of identification.

With the growing popularity of cell phones all over the world, things will be changing left and right causing the world of sending money wirelessly to change dramatically. Many wireless companies are now letting their customers transfer funds from mobile to mobile.

Soon, if you want to send money to Brazil, all you must do is input the amount and the phone number you want the money sent to and in a blink the money is there. Some pre-paid wireless phones already have a similar system in place so that you can add minutes to your pre-paid cell from anywhere in the world. The only difference is the way the recipient goes about collecting the money.

The groundwork has already been laid for mobile-to-mobile transfers, all that’s left is to make the process completely viable from an international standpoint.

Today it’s already possible to use your phone to buy things, and some banks have even started using a credit card that’s an actual part of your cell phone. Although it’s only available on the iPhone, it’s a sign of things to come and soon enough wiring money to Brazil will be as easy as pressing the green send button on your Blackberry.

When transferring money to Colombia you might feel a little overwhelmed, but keep in mind there are countless options people aren’t even aware of. Usually what comes to mind is bank-to-bank or a location-based company. And although both options will work out, the internet offers methods that might be a little less harsh.

If both parties involved in the transfer have a bank account, then you have nothing to worry about. But if one person does not, then you must look into another option.

A location based service works best when one of the parties does not have a bank account, but it causes issues when you need to send over $2,000, which is usually the limit on how much can be sent.

Another drawback of a location based service are the high fees incurred with high transfer amounts or when the money will need to be converted by the business.

But luckily, with the advent of the internet there are cheaper ways to get your money where it needs to be. And not only have economies across the globe taken notice of the advantages of the internet, but so have transfer services, which have shifted toward capitalizing on the the online community.

If either member of the transaction has a bank account, they can easily go online and transfer the money to Colombia or anywhere in the world without ever setting foot in a bank. And with banks and location based companies teaming up, it is opening the door for even more systems to transfer money. A sender may now use the their computer to wire money from a bank account or credit card, then have the funds sent to either a location-based service or another bank account.

A great option when wiring money to Colombia is through the use of pre-paid credit cards. Use of these cards has gained steam fast and it’s become a legitimate form of transferring money to Colombia.

The concept is simple. The sender creates an online account, determining how much they would like to wire. The company then sends the receiver a pre-paid card that can be used at any ATM or anywhere that accepts major credit cards. And to add money the sender simply adds money to the balance online.

Many e-commerce companies across the globe have begun offering AMT debit cards so consumers can easily retrieve their money sent through online transfer companies.

If things keep up the way they are, we’ll soon see the day when people do all their banking and money transfers on the web. Regardless of how you get your money to Colombia, just know you have options and with a little research you can uncover works best for you.