A financial institution has a web-based server for use in transferring money between a customer and a beneficiary. A customer, having a client computer, and a credit card, opens a transaction web page provided by the server. The customer inputs transaction data into the web page, and sends the transaction data to the server via the Internet. The customer then receives a fund-pick-up (“folio”) number and provides the beneficiary with the fund-pick-up number to use in collecting the funds.