The Western Union allows customers and organizations to set up universal business accounts, which can either be transact small scale or large scale business transactions. Western Union business account can be used to pay employees in a company’s business payroll. Business accounts are important for companies, because they allow them to receive payments from customers, as well as allow them to pay their workers and bills at the end of the month. However, Western Union business accounts are usually charged higher transaction fees because they complete bigger business transactions, compared to standard accounts.

Contact Western Union

Phone number
1-800-325-6000
Mobile App

Western Union

Founded
1851
Head office
Denver, Colorado, United States
Available
Worldwide

Transfer options

Countries
more than 200
Currencies
more than 125
Transfer time
1 min — 4 business days
Transfer limit
depends on payment method

Withdrawal options

Direct to bank deposit
Mobile wallet
Pick up at an agent’s location

Payment options

Debit Card
Credit Card
Bank Transfer
SOFORT
iDEAL
Trustly
Agent location

How to make a Transaction using a Western Union Business Account

Online money Transfers and Payment

  • Visit the Western Union website, or download their mobile application.
  • Register, to create a free account by filling in personal information which is essential in sending and receiving money.
  • After registering, you can log in to your account and select the type of services that you would require to access from the company website.
  • Once you have determined the type of service, you can either pay using your debit card or credit card since you have linked your bank account with your profile on the website, so that a transaction is completed.
  • A confirmation email is then sent to you with details of transaction completion and how to track the transaction.

Using Western Union Agents

It’s a traditional way of sending and receiving money with Western Union. It’s straightforward because the customer is expected to visit the nearest Western Union agent and provide the necessary details to complete their transaction. To receive global payments from using Western Union, the customer should also visit the nearest agent with an original government identification card, and the tracking number to facilitate the authentication process.

Fees and Exchange on Western Union Business Account

The company provides affordable costs which allow customers to send and receive as low as 1$ from any location. However, this varies depending on the type of account the user has. For a business account, the customer pays a higher fee compared to the standard account, but these charges vary with the amount of money being transacted. It has a currency calculator on its website that allows customers to calculate the number of fees to be incurred before making a transaction. Its cost-friendly services have attracted many customers from different location globally since it can be trusted, and it lacks hidden charges that end up creating inconveniences.

Advantages of Western Union Business Account

  • Western Union business account allows business organizations to pay their employees.
  • They are universal, and allow business organizations and customers to send large amounts of money regardless of the destination.
  • It’s a safe and convenient way of sending money, which has built an outstanding reputation since its establishment, by avoiding fraud and delivering the best money transfers to its clients.
  • Western Union permits different transactions, in more than one hundred and thirty different currency options.
  • It has a large capacity, which allows customers to send more money globally, under affordable charges.
  • Lastly, it offers very low charges, compared to typical banks which tend to overcharge customers and delay the transaction process.

Popular destinations of transfers