Western Union has a gigantic global network of agent locations and bank connections that makes it easy to send money to almost anywhere. Transfer money fast for higher fees, or a bit slower for lower fees, depending on your needs and resources. Show
However, given Western Union’s history of customer complaints and lawsuits, maybe consider looking at smaller money transfer providers who have a better track record and also offer better exchange rates and lower fees. Having said that, Western Union will almost always be a cheaper option than your bank, especially when sending one-off transfers or to remote destinations. Why should I consider Western Union?
What to be aware of
How much are Western Union’s transfer fees?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. These fees depend on how you are paying for the transfer and how the transfer will be collected. Agent location fees aren’t typically posted online, but Western Union’s online fees are based on:
When sending money to China from the US for cash pickup, here are the fees we encountered using Western Union’s price estimator tool on January 31, 2022:
Fees for money transfers within the USThe cost to send money within the US via Western Union depends on the amount you are sending, your payment method and how your recipient would like to receive their cash. To send $100 from your bank account to their bank account still carries a significant fee of $14.00. Sending the same amount from your credit card as a cash pickup will cost you $20.50. The maximum you can send in one day is $5,000, and the highest fee we’ve seen is $243. How are Western Union’s exchange rates?Western Union makes money by adding a margin to the exchange rate in addition to any fees charged. It applies different exchange rates to different transfer types. It also uses stronger or weaker exchange rates based on the currency you are transferring. Use Western Union’s price estimator tool to see what exchange rate you would be offered on your transfer. It’s best to compare the displayed rate on Western Union with the current mid-market rate to work out the size of the margin charged. Then, use the interbank rate as a benchmark for comparing the rates of other money transfer providers. What are the ways I can send money abroad with Western Union?Western Union has a diverse range of transfer options. We’ll go through the most used options and what the steps look like: How to send money transfer online with Western UnionTo send your first money transfer with Western Union, you will need to create a profile online: How to send money transfer via the Western Union appWith the Western Union app you can send money, transfer transfers, review exchange rates and find agent locations. Sending a transfer is simple: Send money in person at Western Union locationsIf you prefer to send your money transfer in person, then complete the following steps: Send money by phoneWestern Union has the option to send money by phone. Customers can call the Telephone Money Transfer hotline at 800-CALL-CASH, if they are sending money from the US to a recipient in the US. Send money online and pay in cashIf you want to pay in cash, then you can start your money transfer online and opt for Pay in-store. How can my recipient get the money?Western Union has several options for how your intended recipient can get their money. Choose from any of the following:
What are Western Union’s payment options?There are several payment options available with Western Union, each with its own set of limits, fees and restrictions. Its online, phone and in-store options include:
How long does an international transfer with Western Union take?Send your transfer a few different ways, which will determine how quickly your transfer is sent and how much it will cost. If you pay for your transfer with a credit or debit card and have it sent for cash pickup – you’ll typically pay a higher fee but your money can arrive in as little as 10 minutes. However, your credit card may charge a cash advance fee, further increasing the cost of your total transfer. The cheaper, but slower option, would be to make a bank transfer. This can take up to five business days. Depending on verification needs, you may have to wait longer while Western Union confirms you own the registered bank account. Transfers typically
take 1 dayHow much money can I send with Western Union?Your limits will vary based on a number of factors including your transfer history, location, transfer destination and what service you choose. See the maximum amount you can send when inputting your transfer details in the Send Money section on Western Union’s homepage. If you are looking to make a large money transfer, then Western Union allows you to transfer up to $50,000 from the US when sending from your bank account directly to the receiver’s bank account. But keep in mind that this limit may not be available for all receiver countries and is subject to restrictions based on the factors mentioned above. Limits at Agent LocationsThere’s usually no restriction on the amount you may send at an agent location. However, some countries set limits on how much can be received. If you have questions about a specific amount you’re sending or a specific country, you can call Customer Care to inquire. Is Western Union safe to use?Western Union uses policies and procedures like photo identification and tracking number (MTNC) verification to help make sure your money is sent to the right person. It also educates its agents and customers on how to protect themselves from fraud and scams. Typical scams through Western Union include:
To combat these types of scams, Western Union provides clear warnings on their website before a user sends a money transfer. This popup warning requires users to choose Accept before sending their transfers. Western Union has a specific Twitter account dedicated to fraud awareness that tweets about the newest and most relevant scams while they are popping up. Also, Western Union now operates 24/7 phone lines for customer support all over the world. Can I trust Western Union?Western Union is headquarters in Denver, Colorado, and has been in business since 1851. The company originated as a telegram service and launched its money transfer service in 1871. This has been growing ever since through wire transfers, money orders and money transfers in general to over 200 countries. Between 2004 and 2010, Western Union was accused of allowing fraudulent transactions and received more than 550,000 complaints about fraud. Since then, it has paid over $586 million in fines to settle this issue. Being extra cautious by only sending or receiving money from people you know is a necessary extra step for your safety. How does Western Union compare to other money transfer services?If you want to see how Western Union compares to the exchange rates and fees offered by other money transfer services, enter the details of your transaction into the table below. Frequently asked questions
Contact Western Union’s customer care team through live chat, phone and post. Its website also has a FAQ section.
Money transfers are available for pickup for 90 days. If the recipient is unable to pick up the funds and it has been 90 days, you’ll need to contact customer services for the transfer to be renewed and made available for payout.
If you wish to cancel your money transfer, you will need to log into your account. Look at your recent money transfer activity and select the transfer you would like to cancel. You’ll only be able to cancel the transfer if the money hasn’t been picked up or deposited. The amount of money refunded will depend on the service chosen and the reason for cancellation.
Western Union reviews are generally positive, with the expected negative reviews popping up on review sites like Trustpilot and ConsumerAffairs. It’s no surprise that there are many users with great experiences and many with poor experiences — given that Western Union caters to hundreds of millions of customers.
Unfortunately, you can’t avoid Western Union’s fees in full — but you can try to make them as low as possible. Some ways to do this include avoiding using a credit card as a payment method, as this tends to carry a high fee. Bank transfers also tend to be cheaper than cash pickups. It’s also worth comparing Western Union’s fees and rates against other money transfer providers to see how they stack up. Zak Killermann is a publisher at Finder who’s been specializing in cryptocurrencies and blockchain technology for four years — covering everything from ICO booms, crypto winters, memecoins and more. He’s mined and minted cryptocurrencies, and remembers the days when DOGE was just for fun. Zak’s focus is in breaking down technical concepts into approachable nuggets of information. Before diving into all things crypto, Zak contributed to Finder’s money transfers vertical. More guides on Finder
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