|Western Union Fee Free Money Transfer Promotion 2012|
Western Union exchange rates depend on the country you are sending money to and whether you choose to send money online or via one of their agents at a location. Typically, it is far cheaper to use their online services which include: Money in Minutes (card to cash with pickup in less than 10 minutes) OR Direct to Bank Account (card to account).
To compare western union exchange rates live, you will need to visit www.westernunion.co.uk and register online.
Remember, there are two variable costs to consider when making an international money transfer with Western Union (or any other provider): the transaction fee & the foreign exchange margin applied. Our research shows that the transaction fees applied for the Western Union Direct to Bank service are much cheaper than Money in Minutes. Keep this in mind when you want to calculate the total cost of sending money abroad to your desired destination.
By transferring money online, our research has found that Western Union’s money transfer rates become far more competitive online than going through a Western Union agent location. When you use Western Union, foreign exchange rates are transparent and fully locked in.
At the time of writing, here is a snapshot of FX margin that is applied when using the Western Union online service.
|Sending From The UK To:||
Western Union Online.
Exchange Rate Margins (cash pickup in under 10 minutes)
|South Africa (ZAR)||3.5%|
* Note:these margins are for guide purposes only and are accurate at the time of writing. For accurate up to the minute pricing visit the Western Union site and register.
Registration takes around five minutes and can be completed at www.westernunion.co.uk. Take note that if you are looking to transfer larger sums of money on a frequent basis, you will need to become a verified customer.
The following steps are required to make an international money transfer:
To get a live Western Union money transfer rate, visit www.westernunion.co.uk