Western Union | Requirement for Transactions

Western Union | Requirement for Transactions

Western Union | Requirement for Transactions

Western Union is a world cash switch provider to which Most banks is an agent.

Features:

1. Cash-to-Cash Transfers.

2. Inward transfers from different nations. Outbound transfers will quickly start. Fast (to be had right away).

three. Available national in any respect Bank places Naira pay-out.

Four. Receiver will have to have an account with a Bank or get a referee who does.

five. Secure way of switch

6. Easy and Convenient.

7. Available 7 days every week in decided on places.

eight. Receiver does now not pay any charge.

nine. Transfer can also be won on presenting duly finished receiver’s shape and legitimate ID.

10. Receiver to impute PIN (ultimate Four digits of the Money Transfer Control Number MTCN) to PIN pad as a second stage safety/authorization.

Target Market:

Mass markets.

Tourists Business.

folks Foreigners.

Customers-in-transit.

Students Professionals.

Families

Requirements:

Customer supplies the next:

MTCN.

Test Question & Answer.

Sender’s complete identify.

Valid ID card.

Expected quantity.

Originating Country (City/State incorporated for transfers from USA and Mexico).

Receiver’s identify and cope with.

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Western Union | Requirement for Transactions

Processes of Western Union Transaction.

Operator into the transaction MTCN (6 digits).

System must obtain the Four-digit PIN code.

Receiver input the PIN at the PIN pad Operator keys within the resolution to the check query.

Operator fits the remainder of the knowledge switch within the machine and that the entire “To Receive Money Form”.

Operator input ID main points and cope with of the receiver if a hit, proceed to obey.

System necessities receiver’s PIN code to make bills.

Once the PIN code is entered once more, the fee was once effected at the machine.

Operator efficiency and environment friendly variety procedure and the discharge of money won.

Operator unique information copied TRMF a replica of the ID 136 Money.

What do I require to assemble transfers via Western Union?

Complete the “To Receive Money” Form and supply.

Money Transfer Control Number (MTCN).

Amount anticipated.

Sender’s identify & nation of foundation (town or state for US Outbound transfers).

Receiver’s identify and cope with.

Beneficiary’s phone quantity.

Test Question and Answer.

Means of id.

Non-account holders will have to be recognized by way of a referee.

Why did the operator say there’s no fit for my transaction?

A “No match found” transaction may just happen on account of the next:

Wrong MTCN

Stale switch

Already paid switch

Restriction to a selected foreign money/Country.

What do I do if my switch has been adjudged to be a No Match?

Contact your Sender to research with Western Union International.

Can I select the payout foreign money I need?

NO, All transfers at the moment are won in Naira.

Why is the speed of conversion for transactions other from the CBN/parallel marketplace fee?

Banks does now not decide the speed of conversion for the transactions. The charges are mounted by way of western union machine and don’t seem to be matter to manipulation by way of the financial institution.

Why did the operator make a copy of my shape after refusing fee?

The operator helps to keep the unique reproduction of the shape as an explanation that the buyer visited the positioning and the switch was once now not paid in accordance with the explanation(s) annotated at the shape.

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Updated: January 17, 2019 — 11:49 pm

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