The internet made the transfer of money incredibly easy. Instead of having to head to a nearby branch of Western Union, you can login to your Western Union account and send money across the entire globe.
There are a couple of different money transfer services that are offered by Western Union. These transfer services differ slightly, based on which countries you can send money to and how the money is collected following its transfer.
Money transfers are made through credit or debit card payments. Western Union accept VISA and MasterCard cards as well as Maestro cards. There are various different forms of security and payment protection that ensures your safety while making an online transfer.
What money transfer services do Western Union offer?
There are two types of transfer provided by Western Union:
Money in Minutes
This service allows the recipient of the transfer to collect their money within a few minutes of the process being complete. To collect the money, the recipient must visit one of Western Union’s worldwide Agent Locations.
As previously stated, the transfer takes a matter of minutes (hence the name) but it can be slower depending on the working hours of the two locations involved in the transfer. For example, if you are transferring from the United Kingdom to the United States, your transfer may not be during an overlap of working hours.
Direct to Bank
This option is available in selected countries. The transfer is made, sending money straight to the recipient’s bank account. The transfer is usually deposited the following business day. Again, depending on the working hours of the two countries involved in the transfer, Direct to Bank may take an extra day if you are unlucky enough to make the online transfer at an inconvenient time.
Next Day is a similar service that allows customers with a UK credit or debit card to transfer money to India or Pakistan. The recipient can collect the money from an Agent Location, with the transfer usually taking ten hours to process.
Which cards as accepted during a transfer and what security measures are in place?
Western Union accept VISA, MasterCard and Maestro credit and debit cards. They participate in the Verified by VISA and MasterCard SecureCode in order to stop potential online fraud. These security measures require payment makers to input their personal password when their card is used. If you haven’t activated Verified by VISA or MasterCard SecureCode, you are still able to use your card for a transfer.
How much can I transfer with Western Union?
You are allowed to send up to £800 every 12 months. If you would like to send more, you will need to verify your identity with Western Union. After verification, you are able to transfer up to £4000 at any one time. You can find out more about transferring money by calling the Prove I Called Western Union Contact Number.