Wire transferring is an easy and affordable way to send money to friends, family members, and coworkers in just about any country worldwide. The process of completing a wire transfer can seem somewhat complicated at first, but with proper planning and guidance from this step-by-step guide, you can complete your money transfer in no time at all.
What Are They?
A wire transfer is a method of transferring money electronically from one person to another. Many banks and financial institutions use them for paper checks. In today’s day and age, you can even make money transfers online. With online money transfers, you don’t need to worry about keeping your checkbook or traveler’s checks up-to-date because you’ll do all of your banking online.
Step by Step Guide to Sending Money With Western Union
1. Find Western Union® Agent Location: It is always better to find the agent’s location before physically sending money online.
2. Visit Western Union® Agent to transfer your money: Pay with cash, debit card, credit card, check-in person at any Time and Send Money Worldwide
3. Get instant confirmation: You can also track your transaction by phone.
4. Track Your Transaction & Check Status Online
5. Receive Money at Home within minutes
6. Track Delivery Status – Send & Receive Money
7. Contact 24/7 Customer Care if you have any issues.
People can send money to almost anyone around the world with Western Union. The more than 500,000 agent locations and branches make it simple for customers to get cash sent to friends and family members in more than 200 countries.
What Is Required For A Domestic Transfer?
All domestic transfers require an invoice. For example, if you are sending money to pay your monthly utility bill, create a generic invoice with your contact information, or write This is an invoice for monies paid on an official-looking document. In addition, you will need to provide your bank routing number and account number to transfer funds into your account at Western Union to fulfill your payment obligation.
What Is Required For An International Transfer?
An international transfer is one of two things: it’s either an incoming or outgoing payment (money transfer) sent electronically. The requirement for initiating an international transfer depends on your individual financial institution; if you are sending money, then you may be required to provide information about both parties involved in the transaction.
Is There A Fee For Sending Money With Western Union?
The Western Union website says, The most you’ll pay is $35 to send up to $1,000 to almost any country. Just let us know how much you want to send, provide your recipient’s information and pay with cash or money order at one of our agent locations. There are fees for other services.
Congratulations, you have completed your first wire transfer. Take a moment to pat yourself on the back for all of your hard work. You’ve put so much time and effort into learning how to wire money safely and securely from start to finish. In addition, with all of your newly acquired knowledge about wire transfers and their completion process, you’re ready to apply that learning towards new goals.