western union

On the whole, the entire process of sending money through Western Union is absolutely safe. You can make sure that the right person gets the money because they have to present valid IDs such as a passport or a driver’s license before they can collect the money. As the sender, you also get a special transaction number (MTCN) which you can share with the recipient, and the person claiming the money you sent has to disclose that secret number.
So what’s the problem? The problem isn’t with Western Union. The problem is whether or not you should be sending the money at all! There are a lot of scammers out there, and they may be able to convince you to send them money through Western Union.
Here are several rules you should follow in order to lessen the chances of being victimized by scammers:
The Western Union website has plenty of information regard scams that may be perpetrated against you. Go there and read up on all the informative articles that may just save you from being duped.
In addition to a valid ID document, for money transfer pay out, you are required to provide the following transfer details: Money Transfer Control Number (MTCN), the Sender’s first and last name, the country of origin and the expected amount (+/- 10%).
After completing a transfer the Sender is given the Money Transfer Control Number which is to be communicated to the Receiver, since it is required for money collection.
To send money you need to present a valid ID document, tell the post office clerk which country you want to send money to, the amount you are sending and the Receiver’s full name.
From Bosnia and Herzegovina money is sent in BAM and EUR, while the Receiver picks up the money in the currency available for payout at the destination country.*
To collect the money the Receiver needs to provide the Money Transfer Control Number (MTCN), the Sender’s full name, the expected amount and the country of origin (the country where the money was sent from).
Through Western Union, money can be sent in just a few minutes and it can be available immediately, depending on the location’s working hours and differences in time zones.
No, neither Sender nor Receiver are required to have a bank account in order to use Western Union services. Instead, each money transfer is recorded in the system with a unique control number.
When money is sent, eg. from Germany, the transfer is made electronically so that a Receiver in B H or elsewhere in the world can pick up the cash within just a few minutes.**
Through Western Union, money can be sent or received within just a few minutes, depending on the location’s working hours and differences in time zones.
Money transfer can only be paid out to the person specified as the Receiver and that is the only person you should give money transfer information to. In addition, every transfer is given a unique Money Transfer Control Number (MTCN).
A Receiver needs to present a valid ID document with a photo – an ID card or a passport.
If you have any doubts, dilemmas or questions, Western Union advises clients not to send money to unknown persons or pay for goods or services on the Internet.
There are a number of price points in between, dependent on the amount of money to transfer.
After Walmart (WMT) announced its new program Thursday, shares of both Western Union (WU) and MoneyGram (MGI) fell sharply.
Unfortunately, everyone has bills to pay. With the Western Union NetSpend Prepaid MasterCard you can pay bills like rent, mortgage, cable TV, Internet, natural gas, electricity, insurance, auto loans, student loans and others easily online.3
Use the Refer-a-Friend program and when your family and friends load at least $40 to their new card, you'€™ll each get a $20 credit!8
You can personalize Your Western Union NetSpend Prepaid MasterCard with any photo you choose. You can use a picture of a loved one, a special place or even a photo of yourself for ID verification.9
And you will qualify for the Premier FeeAdvantage Plan. Once you qualify for the Premier FeeAdvantage Plan and if you're short of funds,00.10
With no minimum balance or deposit requirements, Western Union NetSpend Prepaid MasterCard optional savings account allows you to start saving money. The account currently features a 5.00% APY on balances of up to $1,000!11
Protect yourself and your loved ones in the event of an injury or accidental death with Western Union NetSpend Prepaid MasterCard Accidental Death Dismemberment (AD D) coverage.12 This special feature is available for NetSpend Premier FeeAdvantage Plan cardholders who maintain direct deposit activity. Not available in all states.
Save up to 55% off the regular retail price for many prescriptions with the Western Union NetSpend Prepaid MasterCard .13 All you have to do is print out your personalized discount card and show it to your pharmacist at most major pharmacies.
Use the Western Union NetSpend Prepaid MasterCard virtual accounts feature to shop more securely. When you shop online or over the phone, you can use a unique virtual account card number, expiration date, and security code so you can shop more securely.
Everyone has bills to pay and needs to control spending. The Western Union NetSpend Prepaid MasterCard includes powerful budget tools that help you control spending. Set limits for yourself, track spending or even add money to an optional savings account so that you are in total control of your money.
Combine the power of a NetSpend prepaid card with Western Union worldwide money transfer.
Get your paychecks, government payments, and other regular payments up to 2 days faster with direct deposit!1
Send Receive WU money transfers in minutes2, shop online, or pay bills3. Plus: No credit check4, late fees, or interest payments because this is not a credit card.5
1 Faster access to funds is based on comparison of NetSpend's immediate availability policy versus the typical banking practice of only posting funds after settlement. No fee for direct deposit services, but there may be a cost when reloading card at retail locations or via bank fund transfer. See the enclosed Cardholder Agreement or online Account Center for more details.
5 There are costs associated with the use and reloading of this Card Account. See the Cardholder Agreement and the online Account Center for information about the costs, terms, and conditions.
8 A cardholder may receive an unlimited number of Refer-a-Friend rewards while program is available. Only cash reloads and direct deposits count towards the minimum load requirement. Allow 2 business days for $20 credit to appear on each Card Account. Cardholder acknowledges that by referring a friend through this program, cardholder is releasing non-public information.
9 Custom card fee required. Picture must meet Image Guidelines. If custom card is lost, stolen, or damaged, any request for: (a) a replacement custom card requires resubmission of image and payment of custom card replacement fee; or (b) a replacement standard card requires payment of standard card replacement fee. See online custom card FAQs and the Fee Schedule in the Cardholder Agreement.
00 negative balance on the card account. A cardholder may receive only one 10.00 negative balance allowance at a time and is responsible for repayment of any negative balance created through use of the card account.
11 The Savings Account is made available to Cardholders through MetaBank ; Member FDIC. To participate in the Savings Account program, the request will be declined. Interest is calculated on the Average Daily Balance(s) of the Savings Account and is paid quarterly.
N.A. and Ingo Money, Inc., subject to the' First Century Bank and Ingo Money Terms and Conditions, and Privacy Policy. Approval review usually takes 3 to 5 minutes but can take up to one hour. All checks are subject to approval for funding in Ingo Money's sole discretion. Fees apply for approved Money in Minutes transactions funded to your card. Unapproved checks will not be funded to your card. Additional transaction fees, costs, terms and conditions may be associated with the funding and use of your card. See your Cardholder Agreement for details.
The Western Union name, owned by Western Union Holdings, Inc., are used with permission.
Inc. All rights reserved worldwide. TSYS and NetSpend are federally registered U.S. Inc.
A leader in cross-border, cross-currency money movement, today unveiled a new payment option that allows Amazon.com customers in Taiwan to pay in local currency for their Amazon.com purchases. Colombia, Hong Kong, Indonesia, Kenya, Malaysia, Peru, Philippines, Taiwan and Thailand – enabling customers who prefer to pay in cash to shop Amazon.com’s vast product selection.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190225005622/en/
Western Union’s platform is powering Amazon’s new cross-border payment option, called Amazon PayCode, by processing the complex foreign exchange, settlement and money movement requirements for international e-commerce transactions.
After selecting PayCode on the Amazon.com checkout page, customers will be sent a code, along with instructions on how to pay in person at a participating Western Union® agent location. The move by Western Union and Amazon will provide greater access to online goods for customers who have largely been excluded from e-commerce shopping due to lack of accepted payment methods.
1 Choice, quality and cost are the main motivations for customers to shop online from overseas, but there are challenges and concerns about the lack of payment options for those who prefer to pay in person or those who do not have access to international credit cards or debit cards.
“We’re helping to unlock access to Amazon.com for customers who need and want items that can only be found online in many parts of the world,” said Khalid Fellahi, SVP and General Manager of Western Union Digital. “This is a great example of two global brands innovating and collaborating to bring customers more convenience and choice. In a world where cross-border buyers and sellers are often located on different continents and in completely different financial ecosystems,”
“Amazon is committed to enabling customers anywhere in the world to shop on Amazon.com, and a big part of that is to allow customers to pay for their cross-border online purchases in a way that is most convenient for them,” said Ben Volk, Director, Payment Acceptance and Experience at Amazon. “Amazon PayCode leverages the reach of Western Union to make cross-border online shopping a reliable and convenient experience for customers who do not have access to international credit cards, or prefer to pay in cash.”
For more information about the new Western Union payment option, visit: https://www.westernunion.com/paylocal/tw/. For more information about Amazon PayCode visit: https://www.amazon.com/paycode_Taiwan.
Western Union’s cross-border, cross-currency money movement platform – including a robust digital footprint, settlement, treasury and compliance infrastructure, a vast global retail network of over half a million locations, and the ability to send money to billions of accounts and mobile wallets – sets the standard for international money movement.

Connecting the digital and physical worlds of money, Western Union’s technology stack, APIs, foreign exchange and settlement engine, agent network, anti-money laundering and fraud detection capabilities make it one of the largest digital and physical money movers for consumers around the globe. Approximately 70% of Western Union’s digital transactions globally now originate on mobile devices.