3. 0000723968 00000 n The Western Union Online Service is offered in the UK by Western Union International Bank GmbH, UK Branch (WUIB) in cooperation with Western Union International Limited. To make a profit, Caution:Western Union will charge up to 6% on top of your transaction This places them in the realm of "good, but not the best" when it comes to forex exchange rates. Money transfer fees can add up, especially if you are frequently sending or receiving money. Here are some tips on decreasing your money transfer costs: As we mentioned, different financial organizations have different money transfer fees and if you have the time, shopping for the best deal can save you money. Additional taxes and fees may apply. The cost will depend on the amount of money you are transferring, where you are sending it from, where it will be picked up, where you process the transfer (an agent location, online or via phone), and how fast you want your money to arrive. It's smart new technology skips hefty international transfer fees by connecting local bank accounts all around the world. Send money online quickly and reliably with Western Union, whether youre sending money to family around the corner or friends on the other side of the world. Enter your destination and the amount youd like to send with a bank account. Deciphering the different types of money transfer fees can be confusing, but Western Union makes it easy with convenient ways to send and receive money. Western Union offers easy, reliable ways to send money with fees based on the services you need. Contact our Customer Care team or visit our FAQ page for more information. * Money transfers. They also take into account exchange rates when calculating the fees. Some of the common locations which offer Western Union services include Winco Foods, Kroger, Quicktrip, Walgreens, Frys, 7-Eleven, and Safeway. You can send money to friends or family, make payments, or load prepaid cards. 0000003870 00000 n Many financial institutions use a marked-up exchange rate as part of their service fees. 0000711361 00000 n Understanding the different options and costs involved in making a Western Union transfer can help you decide if its the best route for you. If you send it by credit card, the transfer fee is $65.49 ($67.49 for Western Union), and $1.99 with a debit card (3.99 USD for Western Union). 0000710814 00000 n Pay close attention to the exchange rate as the company is known to hide hidden fees on the real exchange rate. 0000717113 00000 n 0000723890 00000 n Western Union offers easy, reliable ways to send money with fees based on the services you need. Wise US Inc is authorized to operate in most states. Funds availability subject to terms and conditions of service. 0000020992 00000 n - $0 with bank account or credit card when sent online and deposited into recipient bank account, - $5 with bank account when sent online and deposited into recipient bank account, - $0 with bank account when sent online and deposited into recipient bank account, - $12 via credit card if recipient picks up at agent location (done online or mobile app), - $3 with bank account when sent online and deposited into recipient bank account. The recipient can pick up the cash at any Western Union branch, depending on the locations business hours. Required fields are marked *. 1 Western Union also makes money from currency exchange. The recipient can then go to any Western Union counter in their city to pick up the money with their ID and transfer control number. Our team is made of world-renowned, experienced journalists who sign and abide to our strict rules and editorial ethics policy. Western Union has different fees for nearly every country it sends to, and we've seen fees range from as low as $3.50 up to $100 or more. 0000721174 00000 n Easily track your transfer online and with our app using the MTCN. To really understand what Western Union means here, you need to understand a bit about the mid-market rate. Step 3: Pick the transfer payment option. International Money Transfers Fees for an international transfer are quite varied with Western Union. 0000028192 00000 n Easily check transfer fees1 for your money transfer at an agent location whether you pay in cash, by card or with your bank details. For example, as of March 2021, you could trade about 1 USD for 0.83 EUR. To send money with a credit card or debit card2: Follow these steps to send money from a bank account: You can send money online directly to a loved ones phone so long as they have a mobile wallet from one of our partners and are in a country where this service is available. Start to transfer money by entering the destination and amount youd like to send. 0000712978 00000 n Choose a country from the list of destinations and how much you want to send. In many cases, the spread applied by banks and foreign exchange services can add a significant cost to the customer. There are a number of price points in between, dependent on the amount of money to transfer. Step 2: Select the payout option which could be cash pickup, bank deposit, or mobile wallet transfer. In each instance, there are multiple options for transfer to choose from, each one with its own associated fees. 2. If you're sending a large amount overseas, this means hundreds of dollars goes straight into Western Union's pocket. Its helpful to know that transferring money around the world is as easy as initiating a money transfer and having your receiver get the funds almost instantly, but how much does it cost? International money transfer services like Western Union can help you easily send money abroad, and the fees may be less compared to traditional banks. 0000712640 00000 n When talking about the countries, the costs will depend on the country you are sending to, the sum of money you are sending, and how you are going to fund the account (bank account or credit card). In certain countries, however, the money can either be received in a mobile wallet or deposited into a bank account. Some money transfers may involve a third-party (or intermediary) bank that facilitates the money transfer between banks that dont have a financial relationship together. Credit card: CA$15.81. Western Union rate: 1 PHP = 0.026 AUD While to send money to India, Western Union adds a margin of 1.3%: Mid-market rate: 1 PHP = 1.47 INR Western Union rate: 1 GBP = 1.49 INR Compare Western Union with other international money transfer services Our table below lets you compare the services you can use to send money overseas. Let's use the example of a transfer to euros (EUR): If the mid-market rate is 1 USD . This is a service provided by Western Union. 0000705617 00000 n See Mobile Form for Restrictions. Not sure how much it'll cost you or have a lot of questions? Simply verify your profile using your US drivers license, passport or government-issued ID. Well send a confirmation email containing a Money Transfer Control Number (MTCN). Send your first online money transfer for 0 transfer fee1 and enjoy fast and reliable money transfer back home and around the world with Western Union. 0000039167 00000 n Venmo international transfers are not possible, so what are the best Venmo alternatives? These transfers take a little longer, but they are generally cheaper. With Wise, you simply get 10 on your transfer, with the real exchange rate despite a higher upfront fees. 0000005811 00000 n Fees differ from bank to bank, so its usually a good idea to check your banks transfer fee rates before you commit to making the payment. Send money online, with our money transfer app, or from hundreds of thousands of agent locations globally. Up to $35 per transfer for international transfers. 0000713056 00000 n Use the most downloaded money transfer app to send money internationally for pick up in cash or to a bank account anytime, from anywhere. Most banks separate fees into sending fees and receiving fees, and whether the transfer is domestic or international. Do you have a TCF account and need to send and receive an international wire? Link your checking account to your Western Union. Western Union, on average, limits transactions to $2,999, but in some cases, there are ways to go over this limit. ins.style.display='block';ins.style.minWidth=container.attributes.ezaw.value+'px';ins.style.width='100%';ins.style.height=container.attributes.ezah.value+'px';container.appendChild(ins);(adsbygoogle=window.adsbygoogle||[]).push({});window.ezoSTPixelAdd(slotId,'stat_source_id',44);window.ezoSTPixelAdd(slotId,'adsensetype',1);var lo=new MutationObserver(window.ezaslEvent);lo.observe(document.getElementById(slotId+'-asloaded'),{attributes:true}); The cost of transferring money through Western Union will be affected by various factors such as the amount of money you are sending, how fast you want the money to arrive, the place where you process the transfer (online, via phone, or at an agent location), where you are transferring the money from and where it will be picked up. The Western Union AUD to MYR exchange rate is 2.94971. You can easily select their account information if youve sent them money in the past. There can be additional fees associated with a money transfer, such as online versus in-person transfers, cancellation fees, correspondent bank fees, and more. Its helpful to know that transferring money around the world is as easy as initiating a money transfer and having your receiver get the funds, but how much does it cost? Western Union table fees To work out the exact costs for your transfer, you'll be able to use the Western Union fees calculator online. 0000706612 00000 n 0000010734 00000 n 0000744436 00000 n If sending money online or with our app, navigate to the send money form and select the destination you are sending funds to and how you wish to pay. While an exchange rate isnt necessarily a fee, it is a money transfer cost that you should consider. Western Union rate (payment via Alipay to your recipient's bank account): 1 CAD = 4.9446 CNY While to send $1,000 to India, Western Union adds a margin of 0.81%: Mid-market rate: 1 CAD = 58.0290 INR Western Union rate (payment by credit/debit for cash pickup): 1 CAD = 57.5605 INR Your email address will not be published. 0000720659 00000 n Use your bank account to avoid paying additional fees. Intermediary and/or receiving fees. In the table below you will find the average fees for sending $100 in different countries around the world. Prior results do not guarantee a similar outcome. 0000713845 00000 n 0000716082 00000 n Click on Bank account to enter your loved ones details for the first time. Since he last sent money home, Garca told CNBC, he now has the option to make an online payment via the Western Union app, but he still faces steep fees - 12.5% for a $100 transfer - and. Some banks charge different money transfer fees when you initiate the transfer online versus going into a branch. 0000725665 00000 n What fees are associated with a money transfer? 0000705294 00000 n Western Union offers a global money transfer service, and there are three ways you can send money: in person, online or by phone. 0000727690 00000 n Up to $20 per transfer for domestic transfers. But you might encounter a higher limit if you go to one of their agent locations. 0000037771 00000 n document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); ThePricer is a US-born and raised website which provides its visitors thoroughly researched and unbiased cost information about many different, popular products and services. A money transfer via Western Union takes a few minutes to a few hours. Contact your financial institution to see if this option is available. Share this with your receiver for a fast cash pickup. Again, the answer depends on how you do it. 0000718329 00000 n Well provide a Money Transfer Control Number (MTCN) for each transaction, which you can share with your receiver to track the funds. What if the receiver doesnt have an account at this participating bank. To perform an international transfer of money, the sender has to visit a Western Union location. Sending money with a credit or debit card is quicker than using a bank transfer, and the fees usually reflect this. 0000709047 00000 n 2 Western Union also makes money from currency exchange. How much money are you sending or receiving? The funds should then be ready for cash pickup in minutes3. Since a recipient can pick up the cash in person, it be hard to track somebody down, especially if its overseas. Send money to a bank account, for cash pickup or to a mobile wallet1. 0000706235 00000 n In order to avoid these extra costs, you should use a debit card. Do you want to know how to receive money on PayPal? %PDF-1.5 % 67 0 obj <> endobj xref 67 139 0000000016 00000 n 2.WU Send Money In terms of Western Union fees, you should be prepared to pay around $6 for transferring up to $50 anywhere in the United States of America, and around $100 for sending $1,000 using a credit card. 0000705562 00000 n As for countries, the fees will depend on how youre going to fund the account (credit card or bank account), the amount youre sending and the country youre sending to. Send and transfer money online in 5 simple steps 1 Register and verify your free profile Start to send money online by logging in or r egistering for a profile. 0000711780 00000 n $5 fixed fee per transfer for e-Transfers sent through Interac with Western Union, plus a 1% commission fee on the total amount per transfer. Wire transfers can be a quick and easy way to send money to friends and relatives. Get instant estimates and send money on the go. Transfers to and from some countries are prohibited under US law. You can research both bank and non-bank options and compare prices online, or ask your local branch questions like: If you dont need your transaction to clear instantly, you could use an ACH transfer instead. Because of this, some banks offer lower fees if you let them convert the funds before transferring, or if you provide the currency already converted. Thats why were making it easy to switch from cash pickup to sending money directly to your recipients bank account. How Much Does It Cost To Send Money With Western Union Canada? 0000708157 00000 n Western union does not charge a flat processing fee. As you can see above with the variable fees, figuring out how much a money transfer costs depends on several factors. International transfer you should supply the receivers International Bank Account Number (IBAN) and Bank Identifier Code (BIC) or local equivalent. The intermediary bank may charge a transfer fee in addition to the transfer fees from the sending and receiving banks. 1.WU Care FAQ In both cases, this assumes the transfer is funded by a bank account - not credit or debit card - and processed by wire transfer. Xoom charges $5.99 for transactions up to $999, and $9.99 for transactions over that amount. Its simple to register and send money to a bank account using our mobile app, website or in person today. The final step to send your money is verifying your bank account. (Account details may vary by country.). Thats the only real exchange rate and the one that banks and financial institutions use when trading currency on the open market. To send funds for cash pick-up, provide their name and address. You don't even need a bank account. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. Venmo, owned by PayPal, pulls funds from your bank account or debit card for free. In addition to your ID, you need to send the operator: You might also like our articles about the cost of a credit card, an ATM machine, or a personal check cashing. 0000722047 00000 n 1. If youre a new user, download the app through the Apple App Store or Google Play Store. 0000723083 00000 n CA$19. Breaking Down the Fees Western Union charges a flat fee of $14.99 for transfers of up to $500. 0000706799 00000 n All anyone needs to collect the cash is a valid government-issued ID card; the first name and last name used as the senders name and the receivers name on the form; the 8 or 10-digit MTCN# (money transfer control number); and the test question and answer. For example, if you wanted to send USD 1000 to a friend in Australia, and they needed to collect it in person, it would cost you USD 5 if funded from your bank account - but the same transaction would cost USD 34 if you pay using a credit card.. The pay off is that if you're sending money for cash collection the funds can usually be available very quickly - sometimes within just a few minutes. Youll receive a confirmation email containing a Money Transfer Control Number (MTCN). These fees depend on how you are paying for the transfer and how the transfer will be collected. Choose how you want to pay: with your credit3 or debit card, Klarna or by bank transfer. Here are some tips on decreasing your money transfer costs: As we mentioned, different financial organizations have different money transfer fees and if you have the time, shopping for the best deal can save you money. Fees, foreign exchange rates and taxes may vary by brand, channel, and location based on a number of factors. How on saves money on your international funds transferring fees. Excludes all other services, including without limitation, online bill payments, and money transfers via social/chat applications. Up to 3% of the amount in foreign currency. 0000034636 00000 n The best money transfer services to send money to Ecuador from the USA. Share this with your receiver to track the money. 0000013046 00000 n Luckily, there are a few ways you can save money on international transfer fees. You can initiate transfers at a local Western Union location, online or by telephone. Western Union reserves the right to offer promotions l discounts that cannot be combined with My WU fee reductions. 0000013369 00000 n This program saves all of your data regarding past sends, such as transfers to companies. Select Cash pickup. Western Union also makes money from currency exchange. Money transfer fees can add up, mostly if you are regularly sending or get cash. 1.Western Union Send money online 2.Western Union About us page 3.Western Union Send money online landing page 4.Western Union FAQ: Send money online 5.Western Union FAQ: Send money in person 6.Western Union Find locations 7.Western Union Track transfer *All sources last checked on January 20, 2021 3 This why fees tend to be slightly higher for international transfers. Instead the cost varies depending on the amount you transfer. Well send you a confirmation email with the MCTN to track your money transfer. 0000705926 00000 n Paying within minutes can incur charges that start at about $10 per $100; however, if you dont choose the expedited option, the charges can be a lot less. You also can pay for free out of any balance stored at Venmo. Online platforms aren't the only. Send in foreign currency - You may find that banks offer lower transfer fees if you convert your US dollars into the destination currency before you send the money. Before you transfer funds, learn about money transfer fees, requirements, and how to save money on your next transfer.
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