It is very comfortable for you to send money to someone without losing money. You can send money to everywhere in the world for your business or for your personal.
There are two ways for your choice:
First of all both of you must have account number in the bank ( You have to opened account in the bank in your country and also your friend or your family that you wish to transfer money must have account number in there country too.)
What kind of information should I know?
You just have
- beneficiary ‘s account number
- Beneficiary’s Name
- Beneficiary’s Bank
- Swift Code of beneficiary’s bank
- Have evidence for the bank ( such as invoice )
How do you send?
You just go to the bank that you have applied account over there and give the information to the bank as above.
After the bank got enough information and evidence from you then the bank will start to send the money for you. But you must remember that the bank will charge you depend on your amount.
The bank just charge commission from you (negotiable) and Telex from you too.
For this one the beneficiary can wait to receive money from the bank about 1 or 2 days only depend on the bank. When the receiver’s bank has received money, the bank will credit to receiver’s account number direct in case of the account number and beneficiary’s name is correct.
This way is very fast for you to send money to someone in other country but the commission is too expensive. Only 15 minute the receiver can get money. But you can send money in small amount (Under USD10, 000.00). Moreover, the sender and receiver no need to have account number in the bank at all.
What kind of information does the sender should know?
- The sender must make sure that the receiver’s name is correct or not, and you must be careful with alphabet the name should be correct as ID Card or Passport.
- Receiver’s Address
- Telephone Number
A You must go to find the bank near you that have
What will the receiver bring to the western union agent?
When the receiver has gotten the secret number from sender then the receiver can write down to a small paper (don’t let someone else know beside the banker) and bring ID card or Passport to tell the bank. But the name in ID Card or Passport must be the same as the information in the bank, so the receiver will get money as soon as possible when the bank give without pay commission at all.
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