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How does Western Union work? You should know

In order to properly use the Western Union financial service provider, you should know beforehand how it works and operates. If you know what to look for in the service, then you can use Western Union to send cash all over the world.

This is what there is to know about Western Union

Western Union is an old financial company that has been offering to send money to its customers since 1851.
  • To use Western Union's services, all you need to have ready is your ID. With this, you can send money in a branch or online.
  • The financial service provider works very simply. You pay the amount to Western Union that you want to send around the world and pay the 15 percent service fee.
  • Western Union then deposits the amount in the recipient's country in its own account. The recipient can either receive the money in cash or have it transferred to their account. If the payout in cash is desired, then the recipient must also present his ID.
  • When the recipient can collect the money or credited to his account, depends on several factors. Generally, it works faster if you deposit the money in cash than if you transfer it. Thus, the money can be available within a few minutes, but also after a few days.

How can you find a branch office?

Classical Western Union branches are rather rare. However, you can use the service of the financial service provider in all travel banks and postal banks. To do this, you just need to fill out a form and prove your identity with a valid official document, such as an identity card.

By Ursal

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