How easy is it to transfer money with Western Union
All you need to have is an online bank account and you can transfer money sitting within the comforts of your home where companies like Western Union based in in Feltham and Instantly Transfer Currency To based in in Feltham or Western Union based in Spelthorne can assist you in your online currency transfers. A maximum of 2 days are required for the money to reach the desired destination. There are fees that are payable but considering sending money instantly from India to Canada using Indian Rupee in to Canadian Dollar to any location Western union and the location have to make some form of charge to cover their costs.
Using Foreign Exchange Authority to exchange Indian Rupee to Canadian Dollar
In order to ensure that your money goes further, it is worth taking the time to deal with specialist Send Funds To Authority (or currency brokers in India or Canada.
For the most part, Foreign exchange Authority will be able to provide you with a much better Send Funds To from India to Canada using Indian Rupee in to Canadian Dollar exchange rate than banks in Feltham. In simple terms, high street banks make money from their service charges as well as Send Funds To from India to Canada using Indian Rupee in to Canadian Dollar, their inflated exchange rates and the fact that they know people are likely to use them.
For Send Funds To Authority specialists Post Office based in in Feltham and CaxtonFX based in in Feltham as well as Western Union, who collectively deal with just 1 out of every 10 foreign currency exchanges, the onus is on Post Office based in in Feltham and CaxtonFX based in in Feltham as well as Western Union to provide a better deal than the banks do. Their profits come purely from the difference between the amount they buy from India to Canada using Indian Rupee in to Canadian Dollar foreign currency for and the amount they sell it to you. This difference is usually as much as 4 or 5% lower than the average high street bank based in in Feltham
How to use WU Pay from Western Union
Firstly you will need a Western Union profile/account, if you don't have one you can register for free on their site.
Once you're logged in you need to click the 'send online now' button, this will bring up the sending options form where you can specify the following options;
Enter the amount you want send and select your destination country eg. Spelthorne
Choose cash at a Western Union agent location for how you'd like the money received
Choose to pay with WU Pay and then click continue.
Enter your recipient's name. (Please be aware that for certain countries you may be required to provide a test question and answer for security purposes).
After you review and place your order Western Union will send you a bill and payment instructions by email. They will appear on screen also.
Next you will have to log into your online banking and pay your bill.
Finally once payment has been received Western Union will send you a confirmation email containing a tracking number (MTCN) for you to save and share with your recipient.
Indications of getting the best rate of exchange
Is the Authority using the most relevant exchange rate?
How transparent is the paperwork provided?
How quickly after the money is sent can it be expected to be received?
What guarantees, if any, exist in regards to the transfer process?
Will they provide a receipt for their service?
Do they have a website and if so, are there any independent reviews posted?
These are some of the primary questions that need to be asked well in advance of sending any funds; particularly if these funds are intended to be received abroad. The Send Funds To should be more than willing to provide such information. If for any reason they seem hesitant, their services should be avoided. This can prevent a potentially painful financial incident.