Money transfer is one of the most important aspects that contributes to the building of an economy. The transfer of money in exchange of services or whether it be sending it to your loved ones, the taxes and the fees included can be highly daunting. And then there comes Western Union Company giving services for money transfers at a lower price.
We have prepared a list of all the Fess chart to help you decide which option to go with.
Western Union Company
Paying huge sums of tax fees on money transfer can be highly irritating. Especially, in the transfer of huge sums there comes huge risks when the fees of transfer may even exceed the total money transferred. There comes the role of companies like Western Union that provide worldwide financial services and communication at a reasonable price.
The company comes with different services like person-to-person money transfer, money orders, business payments, commercial services and depending upon the service opted the fees may differ. The online services allows the customers to receive/pay funds and bills online, track transfers and purchase the Union card from different Western Union locations.
BidPay is an online online services started by the company. The company also provides mobile transfer plans for better utility and easy transactions worldwide. Money can be sent or received from various locations located Worldwide by providing a 10-Dight MTCN and identification.
Online Money Transfer
You can easily transfer money online with just five easy steps:
- Log into the Western Union account.
- Start the transfer by selecting a country, amount, bank account and payment method.
- Enter the details of the receiver like the bank name, code and account number.
- Hit the send button and the money will be transferred.
- You will receive a mail with confirmation message along with MTCN. Share MTCN with the receiver.
Following these easy steps you money will be transferred easily reducing the chances of frauds.
Money Transfer Fees
The money transfer cost depends on how much one currency is valued against another currency. Depending on the bank you wish to transfer in the money rates can differ. Additional charges of cancellation, bank fees, money transfer can also be put according to the transfer to wish to put. You can use a bank’s online calculator to get an estimate of the transfer.
With Western money the fees of transfer in regards to India is Zero currently. Depending upon the currency you can get a free estimate. You can send money to banks all around the world for 0 AUD using POLi and for a 2.90 AUD flat fee when using a credit or debit card, making it even easier to send the money you need to with Western Union.
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