Money Transfer Giant WU - What is Western Union and How to Use It?

Western Union (WU), which was established on US-based international financial services, is known as a reliable company that has made a name for money transfer and payments in the international arena.

People are curious about how Western Union (WU), one of the first money transfer companies that comes to mind when it comes to sending money abroad, is used and what it is. An international money transfer company based in the United States is located in the state of Colorado in the United States. The founders of Western Union, one of the most widely used financial money transfer companies in the world, are Ezra Cornell, Hiram Sibley and Samuel Selden.

What is Western Union WU transfer?

The first thing you need to do to send money abroad is to choose an institution that has an agreement with Western Union. You can go to a contracted bank branch or exchange office and transfer money with your credentials. Passports and driver's licenses are also processed instead of IDs. The Western Union employee will receive the payment in cash. After receiving it in cash, he will make the transfer payment. Commission is taken from the transaction made with WU transfer. After sending your money, you will be given a number. This number is also referred to as the mtcn number. You should definitely remember to write down the MTCN number somewhere.

What does the MTCN number do?

The Money Transfer Control Number (MTCN) is a unique number assigned to your transfer. Your recipient will need this number when they receive their money and it is also used to track your transfer. Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account!

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