Founded In: 1851
Western Union
Western Union was founded in 1851 as the New-York and Mississippi Valley Printing Telegraph Company; since then it has continued to diversify with innovative technology. With 160+ years of experience, over 500,000 Agent locations and more than 100,000 ATM in over 200 countries and territories, millions of people trust Western Union to send money to friends and loved ones. By 2012, Western union completed 231 million consumer-to-consumer transactions worldwide, moving $79 billion of principal between consumers, and 432 million business payments.
Silent features of western union:
- Consumer to consumer money transfer
- Bill-payment services
- Stored value options (Example prepaid cards)
- Money transfer worldwide in minutes
- Use cash at an Agent location
- Payment is usually done in local currency
Steps to transfer money via western Union
- Speak to person who needs the money. Make sure that the person is legitimate (one you have met personally). Keep recipient location, city, ID etc handy with you; to be absolutely sure while transfer.
- Send money via nearby western union branch via cash, debit/ credit card, bank to bank transfer. To keep a track on transfer status, save money transfer control number (MTCN)
- Just to confirm speak with the recipient. Provide them with MTCN number given to you by Western Union, which they can use on the form when they go to an agent location to pick up the money.
(Note: Western Union Money Transfer can be done in many ways: Via website, Phone, Branch, Mobile App)
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