Western Union

Western Union
 

250px-Western_Union_money_transfer

 
 

What you Know about Western Union

Western Union Logo

 
 
Western Union money transfer Company
Company Type: Public Company
Industry: Financial services provider
Founded: On 1851
Founders: Ezra Cornell
Headquarters: Meridian, Colorado, United States
Key people: Jack M. Greenberg (Chairman)
Hikmet Ersek (President and CEO)
Services:
1) Wire transfers 2) Money orders
Revenue
Decrease US$ 5,542.0 million (2013)
Increase US$ 5,664.8 million (2012)
Operating income
Decrease US$ 1,107.4 million (2013)
Decrease US$ 1,330.0 million (2012)
Net income
Decrease US$ 798.4 million (2013)
Decrease US$ 1,025.9 million (2012)
Total assets
Increase US$ 10,121.3 million (2013)
Increase US$ 9,465.7 million (2012)
Total equity
Increase US$ 1,104.7 million (2013)
Increase US$ 940.6 million (2012)
Employees: 7,000 (December 2010)
Website: WesternUnion.com

Western Union Money Transfer
How to Send Money In Person

Sending money in person with Western Union is easy. Choose the service that’s best for you and follow the simple steps below to find out how.
Money in Minutes service

  • Search for an agent location near you.
  • Complete the Send Money form.
  • Give the agent the completed form with the applicable funds (including transaction fee) in cash.3
  • Save your receipt and tracking number (MTCN). Your receiver will need the tracking number (MTCN) for pickup and you’ll need it to track your transfer.

Send money to a bank account:

  • Getting money directly to your receiver is easier than ever when you transfer money to a bank account.1 Availability at all Western Union agent locations makes the process quick and convenient.2
  • Search for an agent location near you.
  • Complete the Send Money form, including your receiver’s bank and account information. Check what specific information is needed.
  • Give the agent the completed form with the applicable funds (including transaction fee) in cash.3
  • Save your receipt with the tracking number (MTCN).
  • The money will be deposited into your receiver’s qualifying bank account within 3 bank business days in the destination country.

In some cases it could be deposited the next day. The 3-day count begins the day after you send your transaction. Check out destination-specific timing.
To a mobile phone
If your receiver lives in a country where we offer this service, you can send money to their mobile phone—so they can get their money even more quickly and easily.1 Make sure your receiver has activated a mobile wallet2 with one of our partner mobile providers in their country.
Check available destination countries and mobile providers.

  • Search for a participating agent location near you.
  • Fill out the Send Money form including your receiver’s mobile phone number.
  • Give the agent your completed form with the applicable funds (including transaction fee) in cash.3
  • Save your receipt with the tracking number (MTCN).

How to Receive Money Through Western Union
Pick up cash at a Western Union agent location, or, depending on where you live, have it deposited directly into your bank account or mobile wallet.
Cash: Visit an agent location near you with your government-issued ID. You’ll also need to ask the sender for the tracking number (MTCN). Find an agent location.
Bank account deposit: Receive the money in your bank account. Learn more about the service and availability.
Mobile wallet deposit: Available in certain countries. Learn more about available destination countries and mobile providers.
Web to a Mobile Phone
Destination countries and mobile operators:
Afghanistan:
Roshan
Kenya:
Safaricom M-PESA
Tanzania:
Vodacom
Bangladesh
Banglalink
Madagascar
Telma M-VOLA
Vietnam
Military Bank
El Salvador
Tigo
Paraguay
Tigo
Uganda
MTN
Guatemala:
Tigo
Philippines:
Globe GCASH
SMART Money
 
The Western Union Company is a financial services provider ( Receiving and sending funds)  and communications
company through online.It is based in the United States. Its North American headquarters is in Englewood, Colorado.
Western Union was the best-known U.S. company in the business of exchanging telegrams.
The Western Union Company is a financial services provider
( Receiving and sending funds)  and communications
company through online.It is based in the United States. Its North American headquarters is in Englewood, Colorado.
Western Union was the best-known U.S. company in the business of exchanging telegrams.
Services of Western Union
> Online
> Bidpay
> Western Union Mobile
> Sending and receiving funds
Sending funds, a customewr goes to a Western Union office and gives funds ( including fees) for “Next Day” or “Money in Minutes” service. The sender provides his or her required information( such as name and address, the recipient’s name, and a designated payment destination).Western Union then provides the customer (sender) a 10-digit Money Transfer Control Number (MTCN) that which the sender must provide to the recipient. The recipient then forwarded or proceeds to a Western Union agent office in the designated payment location, presents the 10-digit MTCN, and a photo ID. After justifying all information Money is paid out to the recipient. Some locations, if a recipient lacks identification documents, the sender and receiver may set up a pre-arranged password. Sending funds are paid out in cash, although if payment exceeds a local maximum or cash on hand, a check may be issued by the authority. Beaside this, a sender may forward funds to a recipient by using Western Union’s website or by phone.