Western union transfer rate

Western Union is one of the world's most recognised money transfer brands, with agents in almost every country on earth. You can use Western Union to send payments bobcatmail person, online and on the go through its mobile apps.

Co-Founder of Monito, Laurent has been reviewing money transfer services for over six years, and loves to share his expertise in international payments to help others. This does not affect the opinions and recommendations of our editors. Western Union Singapore is the Singaporean arm of the global money transfer giant Western Union, helping customers in the country to send money abroad to around currencies across the globe. While not the cheapest provider for remittances from Singapore, Western Union does make up for cost when it comes to its scope of service and credibility. Find out more about whether or not Western Union Singapore may indeed be the right choice for your next global money transfer by checking out our independent, in-depth review below:. First things first, it goes without saying that as a part of its globally-prominent parent company, Western Union Singapore is a very good money transfer service , trusted by tens of thousands of customers every year and offering considerably more competitive fees on global transfers than the major Singaporean banks do. What's more, Western Union Singapore also offers global money transfers to a vast network of countries and foreign currencies — all on a fairly easy-to-use website and mobile app available in both English and Simplified Chinese.

Western union transfer rate

Trying to decide between Western Union and TransferWise for your next international payment? This guide is here to help. Summary: Western Union offers the option to pay in or pay out in cash, and covers more countries and currencies than TransferWise now known as Wise. However, when sending payments to a bank account Wise is cheaper , has more transparent fees and a better exchange rate. Both providers are licensed by MAS. Both Western Union and Wise offer payments direct to recipient bank accounts. Western Union allows transfers to mobile money accounts, for cash collection or delivery - Wise does not. Wise has a debit card on offer for customers - Western Union does not have that option. Western Union supports more countries and pay out options than Wise. But if both support your payment route, choosing between these providers may simply depend on how you want your recipient to get the money in the end.

Variable fee : covering the cost of the currency exchange. Sometimes you can also be asked for: receiver's country, complete name, date the money was sent, amount sent and currency.

Explore Today! Ensure that you check the receiving fees in total as there can be 'Hidden Fees' within the exchange rates when you send money using Western Union. While digital banking opens a world full of possibilities making money transfers work like a charm, there are still those who require to move money differently. This is where a financial service like Western Union serves that purpose. With over years of experience providing essential money transfer services worldwide, Western Union enables those who have no access to banks or prefer using a more direct approach to moving money with networks of hundreds and thousands of agent locations today. To understand how Western Union transfer fees work, it's essential to know how money transfer works. When you make a bank transfer , domestic or international, there are many factors involved.

Explore other articles on this topic. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. Fees, foreign exchange rates, and taxes may vary by brand, channel, and location based on a number of factors. Fees and rates subject to change without notice. Points used will not be reversible and if amount of transfer fee is less than redeemed discount, no cash, credit or refund will be provided. Skip to Main Content. Send Money. Find a Western Union Location. Status of my Money Transfer.

Western union transfer rate

As a dominant player in the remittance landscape, Western Union boasts a rich history of facilitating global transactions. We've taken a deep dive into their offerings, scrutinizing each facet to present you with a comprehensive, firsthand review. Here's our take. The Western Union brand is perhaps one of the most well-known in the money transfer industry. Founded in the United States over years ago, this company has grown into a global operation that supports international remittances from all four corners of the world. In this review of the company we will assess how expensive, efficient and trustworthy Western Union money transfers are.

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What Monito Dislikes About Western Union Singapore Sending to certain countries or sending cash at an agent location can be expensive; Not all channels are available in every country; Exchange rate margins are not transparent. Western Union supports transfers through its huge agent network, as well as via a desktop site and mobile app. However, the fees and exchange rates available vary between payment types and may not be the very best on the market. It's always a good practice to compare the financial services that would best suit your needs. Perhaps Western Union's strongest point is its stellar scope of service and coverage. However, in some countries filling out a paper form is still required. Summary: Western Union offers the option to pay in or pay out in cash, and covers more countries and currencies than TransferWise now known as Wise. Banks may offer this as a sending and receiving fee within their service, whereas for money transfer services the fees may differ. Western Union allows transfers to mobile money accounts, for cash collection or delivery - Wise does not. Receive Money from Western Union.

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This method is commonly available for those individuals without a bank account and aims to pick up cash at one of Western Union's locations. Blk 2 Beach Road 01 Singapore, Singapore, Wise - send online and mobile payments which use the real exchange rate and low transparent fees, or open an online international account to send and hold multiple currencies. This limit can be raised Online Via Smartphone The same limits apply as online money transfers, but not all the same services are available. If you're sending a payment in person you'll need to take along your valid government ID when you visit an agent location. If you send a payment for cash collection through Western Union it may be available for collection quickly. Bear in mind you should only send payments to people you know and trust. Compare your options and more money will arrive. Western Union offers several methods for money transfer, however, there are only two options in which you can receive money. You can also send money to bank and mobile money accounts.