Western Union Money Transfer

Western Union introduced the money transfer business in 1871. It has experience in the field of remittance for more than a century – the longest for a money transfer company. In 2012 it opened 500,000th agent location and it has more than 115,000 ATMs where consumers can send and receive money. Western Union has its presence in about 200 countries in the world. Considering its history and expansion, Western Union definitely belongs to the big league of money transfer companies.

The foreign exchange rate offered by Western Union Money Transfer is indicative exchange rate. There is no dearth of choice as far as speed of transfer and modes of sending and receiving money through Western Union Money Transfer are concerned. Western Union is one of the few companies that allow you to send money not only from your bank account but also via credit or debit cards. The money can be sent online, in person, or via phone. The speed of transfer varies from minutes to days. Unique feature of Western Union Money Transfer is its convenience of delivery of funds. The recipient can receive the money through various modes: directly to the bank account (any bank in NEFT network), cash-pick up from an agent location, or home delivery. There are more than 50,000 agent locations in India where receivers can pick up the money in form of cash.

Comparing the features of money transfer plans side by side, the "money in minutes" plan is the most appealing one. The cash pick-up available in minutes for the receiver is convenient. It may cost more and can amount to around $45 depending on whether the money is transferred online, in person, or by phone, with transfer by phone being the most expensive. This option may prove to be expensive but if there is a real emergency back home this service is a good choice to have.

There are some additional perks like no transfer fee if the money is transferred directly to the recipient’s bank account either from the sender’s bank account or via debit or credit cards. Western Union also offers a unique customer service where the customer service representatives speak different languages like Hindi, Gujarati, Punjabi, Malayalam, Urdu, Marathi, Tamil, Konkani, and English.

Summing it all up Western Union Money Transfer Services stand out among the remittance service providers because of the sheer number of options of sending and receiving money. Its massive network is impressive and its name has been synonymous with money transfer for quite some time in people’s minds. But what takes Western Union one step further is its phenomenal adjustment to the change in trends and accommodation of its services for the sake of convenience of its customers. Admittedly it might get a bit pricey depending on the type of service you choose, but Western Union is accessible, convenient, and dependable.