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Western Union

Western Union

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£10
15
6%
1.090
109,040.00 EUR
FCA Regulated

Product Features

FCA Regulated FCA Regulated

Forward Contract Trading Forward Contract Trading

HM Revenue Customs Regulated HM Revenue Customs Regulated

No Commission Charges No Commission Charges

No Transfer Costs No Transfer Costs

Online Platform Access Online Platform Access

Online Bill Payments Online Bill Payments

Regular Payments Regular Payments

Separate Client Account Separate Client Account

Set Up Standing Orders Set Up Standing Orders

Money Transfer Brokers Legal Information

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Send Money Using Money Transfer Service

The Western Union is one of the best know names when it comes to currency exchange and sending money abroad. Customers can register for an online account and start to make foreign exchanges using their debit card, credit card or by completing a bank transfer. There is also the option of using a Western Union agent location, or via telephone.

The Western Union quotes live rates and can exchange currency with clarity. It is also able to beat many quotes offered by high street banks due to its wealth of experience in foreign exchange.

Businesses can take advantage of the number of solutions that the Western Union is able to offer. It’s “Outgoing Payments” solution offers a solution to manage bulk payments while reducing errors and cost. The Western Union will also offer a detailed strategy to help mitigate any risk. Businesses can use this solution to process payments to over 200 countries in over 135 currencies.

The “Incoming Payments” solution offers businesses an easy way of receiving payment from their foreign partners. Two different methods of receiving and converting currency are in place, an Electronic Funds Transfer, and a Cheque Conversion service. An Electronic Funds Transfer not only allows a business to receive foreign currency, but it gives the business the option to control what exchange rate the funds are converted at. Businesses that don’t have a rate locked in can wait up to 90 days until a more attractive rate appears.

The Western Union also looks to offer businesses a risk management strategy that will help businesses’ exposure to fluctuating currencies be kept to a minimum. A business’s long-term goal and short-term risks are among Western Union’s strategy for risk management.

Personal Services

  • Emigrating Emigrating
  • Managing Currency Exposure Managing Currency Exposure
  • One-off International Payments One-off International Payments
  • Overseas Properties Overseas Properties
  • Regular Monthly Payments Regular Monthly Payments

Business Services

  • Export Export
  • Hedging Strategies Hedging Strategies
  • Import Import
  • Managing Currency Exposure Managing Currency Exposure
  • Overseas Investments Overseas Investments

Consumer Information

The Western Union is a recognised name in the world of foreign currency exchange and offers a number of solutions for businesses and individuals. Individuals can send money abroad to friends and family as well as receive currency for their holidays. Businesses can take advantage of a number of solutions put in place to make the exchanging of funds more financially rewarding and streamlined.

How to Apply

Customers can register for a free account by completing the details on the registration screen. Customers must agree to Western Union’s Privacy Statement and data protection terms and conditions. There is no obligation to exchange foreign currency once an account is opened. Cleared funds are required for a foreign exchange to take place. Businesses who wish to take advantage of the solutions that the Western Union is able to offer should select the relevant solution and fill in the required form

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Western Union

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Western Union
Western Union Internet United Kingdom, Greater London, United Kingdom, W6 0BX

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Western Union

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