It is hard to imagine life in the present dispensation without Western Union Money Transfer. The reason is that this form of money transfer has become one of the most popular ways of receiving and sending money all over the world. Some money transfer companies have a lot of complexities in the way they operate. On the other hand, WU service is famous for the simplicity of the service they offer all over the world.
People who want to send money by Western Union can simply walk into the offices of this company or in the offices of any of the agents of the company and begin the process. It is a simple matter of filling out the out the forms with all the relevant information. These include the amount of money in question, the country from which the money is sent and the province as well. Apart from the information above, the person sending the money needs to include information which will help the recipient to get the money in question. The reason is that the person who the money is sent to will need to answer certain questions correctly or else he or she will not be paid.
The point here is that when somebody has been sent money by Western Union, the person will need to fill out a form before getting paid. This is why the information given by the person who sent the cash will have to agree with the information the person receiving the cash will be required to give. In most cases, the person who wants to receive the money will need to give the full name and address of the person who sent the money. The country and the province from which the money is sent will also need to be clearly indicated. If all these are correct, the person receiving money proceeds to supply the Money Transfer Control Number (MTCN). This is a very important number and it is usually in ten digits.
To ensure that the transaction is safe, the person receiving the cash supplies the first six numbers of the Money Transfer Control Number. This number is used to verify that the transaction in question actually exists. When the transaction has been found, the recipient fills out the last four digits of the MTCN. Meanwhile, there is usually a test question and a correct answer to the question. The person receiving money needs to quote this question correctly and give the right answer.
It has to be pointed out as well that people cannot receive money from Western Union without a valid form of identification. This is usually an international passport or a driver’s license. All these are meant to protect the person receiving money and this makes the transaction almost fraud-proof. In some countries, designated banks pay out the local currency equivalent of the cash to the beneficiary. In some other countries, the bank can give the recipient the money in dollars.
Finally, it has to be stated that Western Union Money transfer has become one of the most popular methods of receiving money from abroad in most African countries. The beauty of WU is that they operate where other outfits like PayPal do not. This has made Western Union a huge favorite in Africa and Asia and this is why Western Union Money transfer is so popular.