Buzz
For MMO players or individuals looking to send and receive international money, Western Union is a go-to service. In this article, Mytour will provide detailed insights into what Western Union is, its fees, and the necessary documents for sending and receiving money.
1. What is Western Union?
Western Union stands as a global quick money transfer service, headquartered in Denver, Colorado, USA. As of today, Western Union continues to lead the international money transfer sector, making international currency transactions more convenient.
The Western Union network operates in over 200 countries and territories worldwide, including Vietnam.
Western Union focuses on core services such as money transfer, bill payment services, and fee collection services.
2. Advantages of Western Union International Money Transfer Service
Western Union is a globally recognized platform for money withdrawal and transfer, offering convenience and accessibility worldwide. With over 200 countries and territories covered, finding a Western Union location is effortless.
Despite its advantages, Western Union does come with limitations. High service fees and fixed transfer limits are notable drawbacks to consider.
When using Western Union, be mindful of the associated fees and required documentation for both sending and receiving money.
Understanding the terms and fees associated with Western Union transactions is essential for a smooth experience. Ensure you have the necessary documentation and are aware of any potential charges.
Explore various methods for sending money through Western Union.
Discover the ways to send and receive money via Western Union:
Options include online transfers, mobile applications (currently not available in Vietnam), phone transfers (also not available in Vietnam), sending money through Western Union agents (the primary option in Vietnam), and direct bank deposits.
Learn about the different methods available for receiving money through Western Union.
+, Fees for sending and receiving money via Western Union
In essence, the service fees of Western Union are higher compared to fees of other international money transfer services, sending money abroad through postal services, banks, or other private services.
The fee amount depends on the amount of money you need to transfer, the receiving and sending countries.
5. How to send money via Western Union
There are two ways to transfer money through Western Union, including online and offline transfers:
+, Sending money via Western Union online
Follow the steps below to send money through Western Union online:
Step 1: Go to the Western Union official website.
Step 2: Click on the Send Money section located at the top corner of the page.
Step 3: Fill in all required information into the designated fields.
Step 4: Select Send Money to complete the money sending process.
+, Sending money via Western Union offline
Step 1: Visit the nearest Western Union agent location to send money.
Step 2: Fill out the money transfer form with necessary information, including the amount to send and valid identification, and hand it back to the agent.
Step 3: You will then receive a receipt along with a 10-digit Money Transfer Control Number (MTCN).
Step 4: Contact the receiver and provide necessary information such as sender's full name, the amount sent, MTCN, and the sending country.
Step 5: The receiver can visit any nearby Western Union agent location, fill out the money receipt form with sender's name, amount sent, sending country, MTCN to receive the money.
Note: With this method, both sender and receiver must personally visit the bank during business hours to proceed.
This article from Mytour just answered your questions about Western Union - what it is? Fees, documents needed for sending and receiving money. Additionally, if you have any questions or need answers on how to earn money through YouTube, feel free to leave your comments below the article.
