​National Transfer Money to Your Daughter Day – October 6, 2020

Tue Oct 6

Daughters mark your calendars; October 6 is National Transfer Money to Your Daughter Day. You read that right, an entire day devoted to daughters getting some extra pocket money from their parents. And what a great day it is to be a daughter, right? On this day, parents can transfer money into their daughter’s bank accounts, hand them some cash in person, or use more modernized methods such as Venmo and Zelle to help brighten their daughter’s day. Plus, parents may be more inclined to fork over the cash if they know they are participating in what is considered a national holiday. If they seem at all hesitant, show them our article as proof, we’ll be more than happy to vouch for you!

History of ​National Transfer Money to Your Daughter Day

National Transfer Money to Your Daughter Day is the perfect holiday for daughters to get money from their parents without having to work for it or for daughters that require extra assistance to get a much-needed boost. Whatever the reason, it is a great day for parents to share the wealth. Transferring money to someone else can be as simple as handing over cash or going online to put money into their bank account. There are a plethora of options, and over the years, methods of transferring money have been continuously tweaked and modernized.

The first wire transfer on record was launched in 1872 by Western Union, a financial services company. Even though this company still exists today, money transfers have gotten a glow up. Now, we have access to several simplified options for how we want to handle our money. Whether you are interested in more traditional methods such as writing a check to someone or using Venmo, a PayPal owned mobile payment service, to send money, we have the luxury of picking the option that best fits our needs.

In 1969, Chemical Bank was the first bank to install an ATM. Since then, ATMs are readily available at concerts, universities, Target stores, banks, and many more locations. Even social media outlets want to help make transferring money convenient to millennials. You can transfer money through Facebook Messenger using Facebook Pay, and for a while, Snapchat was using “Snapcash” to distribute money. Giving and receiving money has never been easier. Zelle, a mobile banking app founded in 2017, can transfer money in a matter of minutes between bank accounts.

No matter how you decide to transfer money, your daughter will be happy with any route you take this National Transfer Money to Your Daughter Day, welcoming it with open arms and empty wallets.

​National Transfer Money to Your Daughter Day timeline

2017

Zelle founded

Accessed through your mobile banking app, transferring money to someone can be as easy as entering a person’s phone number or email.

1998

PayPal founded

This online payment system drastically changed the way people transfer money in the modern world.

September 2, 1969

First ATM installed

Chemical Bank was the first bank to ever install an ATM at its branch in New York.

1872

Western Union launched wire transfers

The company still exists today, and wire transfers have seen a number of changes throughout the years.

​National Transfer Money to Your Daughter Day FAQs

How can I transfer money to my daughter?

There are several ways to transfer money to your daughter. Some options are writing her a check, giving her cash, transferring money directly into her account, or even using Venmo or Facebook Messenger.

What if you don’t have a daughter?

You can still celebrate National Transfer Money to Your Daughter Day! Surprise another person with some extra pocket money or treat yourself. Either way, it’s always a great day to celebrate something!

Is there a set amount I should transfer?

There is no set amount. You can transfer as little or as much that is comfortable with you. Daughters will be happy with the surprise alone!

​National Transfer Money to Your Daughter Day Activities

  1. Send your daughter a surprise

    Who doesn’t love money? Especially when it shows up in your bank account unexpectedly? Make your daughter’s day even more special by sending her some extra spending money.

  2. Take your daughter out shopping

    Another great way to treat your daughter on National Transfer Money to Your Daughter Day is to take her out shopping. This way, it will be a special day for both you and your daughter!

  3. Give your daughter a gift card

    Rather than putting money into your daughter’s bank account, try giving her a gift card to one of her favorite stores. She will love it just as much as she will love having money in her account.

5 Facts About Transferring Money:

  1. Cash is king

    There is no limit, no transfer fee, and no wait time when using cash.

  2. Venmo dominates

    Approximately 52 million people use Venmo to transfer money.

  3. ​Banks trust Zelle

    Money can be sent from bank to bank within minutes from a mobile banking app.

  4. Joint account perks

    Online transferring money is made easy from a joint account into a single account when both are at the same bank.

  5. Time is money

    Domestic wire transfers between accounts at the same bank can take up to 24 hours.

Why We Love ​National Transfer Money to Your Daughter Day

  1. Another reason to show your daughter you love her

    Why not shower your daughter with even more love? National Transfer Money to Your Daughter Day is the perfect way to do this and will give her something you know she'll use.

  2. Help your daughter out when she’s in need

    Some children are not always willing to take money from their parents even when they need it. Luckily, if there is a holiday giving them a reason to, they may say, “Why not?”

  3. Feel the goodness of giving

    Giving can feel great. And maybe for some self-serving reasons, National Transfer Money to Your Daughter Day can be an opportunity to give to another person.

​National Transfer Money to Your Daughter Day dates
YearDateDay
2020October 6Tuesday
2021October 6Wednesday
2022October 6Thursday
2023October 6Friday
2024October 6Sunday