>> Everything You Wanted to Know About Money Transfer

Western Union

Western Union actually started as a telegram service back in the 1951. Today Western union has completely dropped the telegraph service and has become the number one world leader in the financial service company. Western Union offers three convenient ways to transfer and receive money, online, at a location and by phone. It does cost you a fee to use this company to send money. Western Union also offers the service of sending money to an inmate’s trust fund. The company offers money orders and prepaid debt cards. Whether you need to send money or paying a bill, Western Union has locations all over the world. There are three types of options for money transfers, economy, quick collect and money in minutes. Subject to location and destination depends on the fees for these three different options. 

Sending Money Western Union

Sending money requires you to have cash, credit card or a debt card. If you need to send money quickly, Western Union allows you to send money by cash at a location near you, or send money by phone or online using a credit card or debt card. If you are sending money to a bank account, you need the routing number and an account number for the bank credit. Fees do apply to sending money Western Union depending on the option you choose to send the money. 




 

Paying a Bill

Paying a bill online or by phone requires a service cost, but helps you get money where you need to get it on time. You may pay bills using a credit card or debt card. There are maximum limits as to how much you may pay per transaction. This feature allows you to open an account and send money monthly by using your account with the send again feature. If your payment requires fast service, you make use money in minute’s option. 

Receiving Money

Receiving money at a location or in your bank account requires the sender having a routing number and account number in order to transfer money to your account. Depending what method of money transfer used depends when your money becomes available. Location transfers require knowing the city and Western Union location to send money for pick up by the receiver. There are no fees for receiving money.




 

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