Western Union is a company that provides ways to send and receive money almost anywhere around the world. For more than 160 years, Western Union has been providing fast and reliable services to its clients. Evolving from a signature telegram business, Western Union has now become an industry leader in money transfer. Western Union provides services like consumer-consumer, wherein clients can send support to loved ones throughout the world within minutes from completion of the transaction, either walk-in money transfer or online money transfer services; consumer-business, consumers can send payments for utility bills, loans, mortgages, telephone bills, financial and insurance service providers through Western Union’s network of third-party agents and several electronic channels; business-business, clients can optimize transactions in local, regional and international markets, transfer of funds on the client’s schedule 24/7, save funds by paying in foreign currencies and empowering clients through their unique service capabilities, commitment to excellence and deep industry specialization; business solutions, Western Union offers new money transfer solutions to financial institutions, Western Union Money in Minutes allows consumers to move money in minutes, and their recipients can pick it up at any agent locations worldwide, Western Union Quick Collect Bill Payment helps consumers make urgent and routing bill payments; and other services like money orders. Money orders can be purchased at participating agent locations and are a reliable alternative for payment to those consumers that do not own a checking account; prepaid cards, with a Prepaid MasterCard offered by Western Union, ability to upload funds or receive deposits from their employers, where the funds can be withdrawn through an ATM using a credit card or do online shopping on sites that offer payments made through MasterCard Debit card, Western Union also provides these “top-up” services, which allows a consumer’s mobile phone, internet use, and other paid utilities be prepaid.
How can a Money Transfer transaction be made?
In order to send money, a client must provide his or her name and address, the recipient’s name, and the destination.
Then Western Union provides the sender a Money Transfer Control Number with which the sender needs to inform the receiver the exact MTCN to receive the money.
Receivers still need to present valid photo identification, and the receiver’s name in a money transfer must match exactly the name in the receiver’s identification.
Is Western Union Money Transfer service secure and reliable?
Millions of clients use Western Union Money Transfer daily to send money all over the world. That is why Western Union strives to educate consumers on safeguarding transactions and personal information, and avoiding fraud when using their services. Security is the main concern of Western Union. Consumers are provided ways to secure their identities, to know the person their sending their money to, and making fraudulent transactions impossible. Western Union Money Transfer is also reliable. Clients are given the chance to check or track their money transfer using their online web page. Also, clients are given choices as to where or what agent location is convenient for the recipient of the money transfer.
What are the Transfer Fees?
Based on the countries of the sending and receiving clients, fees are calculated.
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