People send money internationally and domestically for several reasons, from paying back a friend for lunch to helping a loved one with a down payment on a home. Once you've done that, you can either go directly to your Walgreens or you can use the Western Union app to kick-start your money transfer. You will need to fill out a form and pay the amount you want to send, plus fees, in cash. Generally, youll find the following limits apply with Western Union:. Depending on the method chosen, it can arrive in minutes3 , depending on how youve sent it. Xoom charges $5.99 for transactions up to $999, and $9.99 for transactions over that amount. Upfront fee - Pay with credit/debit card. If you want to make a personal money transfer in the country or abroad, you can go with your ID to one of the Western Union agencies or to the branches of the partner banks. 0000721969 00000 n Transfer fees1 and exchange rates provided are estimates only and are not guaranteed. Western Union offers a global money transfer service, and there are three ways you can send money: in person, online or by phone. For example, as of March 2021, you could trade about 1 USD for 0.83 EUR. 0000003973 00000 n Step 1: On the website click the Send Money link and fill in the receiver's country and amount. Its easy to register and start using our money transfer services. 0000719792 00000 n While an exchange rate isnt necessarily a fee, it is a money transfer cost that you should consider. How can I send money online for cash pickup? Search for promotional codes online to save on fees. However, the costs can be high if youre sending money using a credit or debit card, or if your transfer is headed abroad. 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. We and our partners share information on your use of this website to help improve your experience. 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. Youll both earn a $20 Amazon.com e-gift code*.Terms and conditions apply. Your money is on its way. 3 Encryption to help protect your transfers, Were committed to keeping your data secure. Simply verify your profile using your US driver's license, passport or government-issued ID. Youll always get a confirmation email with a Money Transfer Control Number (MTCN) to help track your money transfers. If you're sending a large amount overseas, this means hundreds of dollars goes straight into Western Union's pocket. Service you can rely on Send your money with confidence thanks to our encrypted transfers, Chosen worldwideMillions of people around the world choose to send money with Western Union. $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. Your receiver should also find out whether they will need to pay any incoming fees. The fees will increase as the amount of money you are transferring increases.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'thepricer_org-banner-1','ezslot_6',140,'0','0'])};__ez_fad_position('div-gpt-ad-thepricer_org-banner-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'thepricer_org-banner-1','ezslot_7',140,'0','1'])};__ez_fad_position('div-gpt-ad-thepricer_org-banner-1-0_1');.banner-1-multi-140{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}. Heres what Western Union say in the Send Money Online page in the footnotes, relating to international transfers: In addition to the transfer fee, Western Union also makes money from currency exchange. Wire transfer fees can vary depending on how and where the money is being sent. 0000706143 00000 n Log in or register and verify your profile to send money from the UK. For mobile transactions funds will be paid to receivers mWallet account provider for credit to account tied to receivers mobile number. For transfer time, during normal business transaction hours, if the materials provided are correct, your remittance will arrive within five to ten minutes. 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. Click here for a how-to plus learn more about the duration & fees. Youll need to provide their address and bank account details7. 0000030589 00000 n In the case of an online transfer, you can send up to $10,000 in a 12-month period before it is necessary to verify your identity. Or in other words, 1 EUR is equal to about 1.21 USD. Western union charges a processing fee that starts at $. The recipient can collect money at a Western Union location within their area or have cash deposited into a checking account. 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. This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. Step 3: Pick the transfer payment option. 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. Western Union charges around $5 for a transfer of money of up to $50 anywhere in the U.S., but a transfer of $1,000 can cost $95 if youre using a credit card. Money transfer fees can add up, mostly if you are regularly sending or get cash. See Mobile Form for Restrictions. What fees are associated with a money transfer? Venmo, owned by PayPal, pulls funds from your bank account or debit card for free. But they may also involve additional costs, known as wire transfer fees. What if the receiver doesnt have an account at this participating bank. 0000006746 00000 n Western Union is a handy solution when you want to transfer money to a family member at home or abroad. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. How on saves money on your international funds transferring fees. Your money is on its way! For amounts below $1000, you will only be expected to pay $4. Whats the difference between a wire transfer and a bank transfer? 0000013369 00000 n The fees for Western Union international transfers vary a lot depending on both how you want to fund the transfer, and how its received. In this article, well walk you through the basics of wire transfer fee, including how much they cost and how to save money on future transfers. Most banks separate fees into sending fees and receiving fees, and whether the transfer is domestic or international. 0000705562 00000 n Also, when you use a credit card, the company will see it as a cash advance and this means that you will have to pay a fee and a higher interest rate. Understanding the different options and costs involved in making a Western Union transfer can help you decide if its the best route for you. For applicable standard fees, call Western Union at 1-800-235-0000. 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. 0000719358 00000 n Enter your destination and the amount youd like to send with a bank account. You dont have to get caught out by expensive wire transfer fees. 0000744770 00000 n Understanding these pieces will help you feel confident when sending money. For example, international wire transfer fees usually cost more than domestic transfers within the US. Share this with your receiver for a fast cash pickup. Enter your loved ones account details. 0000735463 00000 n 0000712208 00000 n On average, plan on spending at least $10 per $100 sent. 0000709047 00000 n If you want to transfer the money within minutes, the fees would start at around $12 per $100. 0000744436 00000 n Fees, foreign exchange rates and taxes may vary by brand, channel, and location based on a number of factors. You can pay in cash at their pay-in store, online using a credit or debit card , or via a bank transfer.. 0000706235 00000 n We are committed to keeping your data secure, Weve sent money around the world for over 150 years. You can transfer money directly to a qualifying account using your credit or debit card2, or a bank transfer. Enter the destination and amount youd like to send. 0000007712 00000 n 0000735000 00000 n 0000706690 00000 n 0000017269 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. There can be additional fees associated with a money transfer, such as online versus in-person transfers, cancellation fees, correspondent bank fees, and more. A money transfer via Western Union takes a few minutes to a few hours. 0000714796 00000 n Check our prices before you send so there are no surprises. Best Big Brand: Xoom, powered by PayPal. Check current exchange rates1 before making a money transfer online, with our app or at an agent location. In the send money form, you can easily adjust different parameters, such as how your receiver wants to get the money and how you want to pay. 0000013046 00000 n 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. Share this with your receiver to track the money. Simply enter the currency you want to send to and from, the way you want to pay for the transfer, and how you want your recipient to get the money. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. This markup is generally a percentage of the amount of money being sent, so it can factor in significantly if youre sending a large amount of money. Sending money online or via the mobile app will be cheaper than sending in person. Western Union offers real-time information on exchange rates1 to help you stay up to date on the latest developments when sending money internationally. Transfers processed through Western Union can take anywhere from minutes to a couple of days depending on the following factors. 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. This is how Western Union sneaks in hidden fees to your international transfers. In the table below you will find the average fees for sending $100 in different countries around the world. This amount is usually added to the funds you want to transfer and is to cover the bank releasing or receiving the money. Currently, online updates are excluded for select countries6 . Whether you want to transfer money You have lots of options when it comes to sending money, but Western Union aims to make sending money fast and convenient. How do you send money via Western Union? However, there are services out there, such as Wise, which believe it is fairer - and better value for customers - to use the mid-market rate and apply only a small transparent fee to each transaction. Read this. Western Union Canada. 0000728437 00000 n Do you have a TCF account and need to send and receive an international wire? 2 Funds will be paid to receivers mWallet account provider for credit to account tied to receivers mobile number. If you are sending money from the UK online or with the app, you can get a free estimate anytime and without an obligation to send money later using our price estimator. Breaking Down the Fees Western Union charges a flat fee of $14.99 for transfers of up to $500. Domestic transfer you should supply the receivers bank name, routing number and account number. Western Union fees and exchange rates explained. International money transfer services like Western Union can help you easily send money abroad, and the fees may be less compared to traditional banks. While these fees can range, you can get a free estimate when you start sending money with Western Union online. Also, you gain rewards points where you earn 1 point for every $2 in fees. Youre able to send money online, with our app or in person to billions of accounts worldwide. As a company working in cross-border, cross-currency money movement, Western Union aims to grow economies and create a better world. Select Cash pickup and payment by card. *Western Union also makes money from currency exchange. International money transfer services like Western Union can help you easily send money abroad, and the fees may be less compared to traditional banks. So, go ahead: send money with us to enjoy ease of use, reliable money transfer services and the many other benefits we have to offer. The offices are available in over 185 different countries with more than 400,000 locations to choose from around the globe. 0000009729 00000 n Send money to a bank account, for cash pickup or to a mobile wallet1. This is just an estimate there may be other fees and commissions to consider. To perform an international transfer of money, the sender has to visit a Western Union location. 1 Earn 1 point for every $1 in qualifying transfer fees spent on a single transaction. If you fund a payment with a credit card, however, there is a 3% fee. It will be always cheaper to send money via the mobile app or online, instead of sending it in person. Send money to bank accounts around the world the way that works for you: online, with the Western Union app or in person at an agent location. 0000740804 00000 n For example, as of March 2021, you could trade about 1 CAD for 0.66 EUR. Paying online: it will cost from $2.99-$81 in fees, depending on how you pay and whether you want to send the money to a bank account or as cash for pickup. Paying in person: the fee will range from $8 to $58 depending on how you pay and how you want the money to reach your recipient.2 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. You should also discover whether there is a third-party or intermediary bank to help process the transfer, as this can involve an extra charge. 1. Easily track your transfer online and with our app using the MTCN. 0000710393 00000 n These licensed companies may be verified through the NMLS Consumer Access website -, Western Union joins effort to fight human trafficking. An exchange rate refers to how much one currency is valued against another currency. Starting at $45 per transfer, as well as an additional $35 fees if an IBAN is not provided. 9. Download our app for money transfers at your fingertips and send money on the go. Money transfer fees can add up, especially if you are frequently sending or receiving money. Here are a few ways you can cut the costs and save on future money transfers: Youll find that domestic transfers within the US tend to be faster and cheaper than international wire payments. It will remain in the system for 45 days, but according to our research, it will be sent back to the sender if not redeemed after nine months. Before you transfer funds, learn about money transfer fees, requirements, and how to save money on your next transfer. Usually, Western Union limits transactions to $2,999, but in some situations, you can exceed this limit. Start to send money online by logging in or registering for a profile. No transfer fee is charged. It can cost a lot more to send a transfer using a credit card, to a recipient wishing to collect the cash immediately in person from a Western Union, compared to a bank transfer from one account to another, for example. 0000735901 00000 n Our encryption and fraud prevention efforts help protect your Western Union money transfers. 2023 Western Union Holdings, Inc. All Rights Reserved, Services may be provided by Western Union Financial Services, Inc. NMLS# 906983 and/or Western Union International Services, LLC NMLS# 906985. [] 2 If youre using a credit card, a card-issuer cash advance fee and associated interest charges may apply. 0000721614 00000 n What youll need to perform your wire transfer may vary depending on the provider you use, but youll likely need to provide the following information: Youll also need to supply your receivers bank details, though the information required may vary depending on whether your wire transfer is being sent within or outside the US: Once youve submitted the wire transfer, the provider will likely contact you with the payment details including payment instructions and a form of tracking number. Get instant estimates and send money on the go. 3 If youre using a credit card, a card-issuer cash advance fee and associated interest charges may apply. Online or through the mobile app via credit card, If you send cash in person but the recipient picks it up at the agent, you will be charged, When the recipient goes to the agent location but you send the money via bank account, either through the mobile app or online, you will pay, When you send money online with your credit card deposited directly in the recipients bank account, you will be credited, $8 if paid with cash in person and deposited into the recipients bank account, $11 via bank account if recipient picks up at agent location (done online or mobile app), $11 if paid with cash in person and recipient picks up via agent, $10 via credit card if recipient picks up at agent location (done online or mobile app), $0 with a bank account or credit card when sent online and deposited into recipients bank account, $5 via credit card if recipient picks up at agent location (done online or mobile app), $5 via bank account if recipient picks up at agent location (done online or mobile app), $2 with credit card when sent online and deposited into the recipients bank account, $0 with bank account when sent online and deposited into the recipients bank account, $10 if paid with cash in person and recipient picks up via agent, $12 via credit card if recipient picks up at agent location (done online or mobile app), $4 with credit card when sent online and deposited into the recipients bank account. 0000715663 00000 n Send money online, with our money transfer app, or from hundreds of thousands of agent locations globally. Youll be able to see Western Union exchange rates1 during this time. Send money online, with our money transfer app, or from hundreds of thousands of agent locations globally. Use your existing accounts - Banks often reward loyalty, so check if there are any offers linked to your existing accounts that could reduce your fees. 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. If sending money at an agent location, you will be able to see the cost of your money transfer at the counter. 0000723890 00000 n A confirmation email will be sent to you with a Money Transfer Control Number (MTCN). 0000711780 00000 n Banks and money transfer providers often give you a bad exchange rate to make extra profits. 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. Western Union, in comparison, charges $5 for a money transfer of up to $50, but a transfer of $900 could cost $76. What we like about . If you need the money to arrive as quickly as possible, you can transfer it via a credit or debit card. This guide should help you get some answers. For instance, for every $2 in fees, you will get one point. Up to $20 per transfer for domestic transfers. 2 Western Union also makes money from currency exchange. 7 Please make sure that the receivers name accurately matches the details of the bank account owner. Western Union's transfer fees 1 depend on the destination, the transfer amount and how quickly you want your money to arrive. 0000022996 00000 n Contact our Customer Care team or visit our FAQ page for more information. If youre a new user, download the app through the Apple App Store or Google Play Store. Your recipient can then collect their cash at a Western Union location near to them, or you can arrange to have the money sent directly to their bank account or even mobile wallet. Not all payment and recipient options are available in all countries. You can do this with the Walgreens/Western Union locator. You can redeem points for exclusive member benefits such as transfer fee2 discounts. Fees, foreign exchange rates and taxes may vary by brand, channel, and location based on a number of factors. Typically there are two options. Youve moved abroad and need to change your Amazon country? 1Funds will be paid to receivers mWallet account provider for credit to account tied to receivers mobile number. This process can often take up to six days for people to pick up depending on the amount being sent and country youre sending it to. 6 Excludes Aruba, Brazil, China, Cuba, Ethiopia, Haiti, Lesotho, Liberia, Libya, Namibia, South Africa, Swaziland, and Venezuela.

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