What is Western Union?

Money transfer services today are being developed more and more widely. Money transfer transactions do not stop in the country, but also develop into the world to meet the needs of users.

In the following article, we will learn about Western Union international money transfer service, because it is a reputable service, quickly used by many people to send money to families. Let's find out through this service.

What is Western Union?

Western Union is an international fast money transfer service based in the US and widely spread to over 200 countries and territories around the world. Therefore, you can transfer money to relatives and friends in countries and territories that are supported by Western Union very quickly, only 5 minutes to 1 hour is received. The procedure for receiving money from Western Union is also quite simple and absolutely free.

Western Union reads the Vietnamese language as Goéts and the English version, the English version is ˈwestərn 'ju: njən /.

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1. Benefits of Western Union international money transfer service

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1. With a wide network throughout the world, including Vietnam, many places to withdraw money and send money with Western Union. You only need to find a bank with a Western Union signboard to receive money or transactions.
2. With Western Union you can also easily receive foreign currency even if you don't have a bank account. After receiving at Western Union offices you can also change to money with the face value of the country where you live.
3. Currently, some banks in Vietnam have integrated Internet banking services for customers who can easily receive money from Western Union online. So your phone only needs an Internet connection to receive money without losing time to the bank. (Note that this only applies to accounts with the account holder's last name, just like the Western Union payee name).
4. The procedure for receiving money is very simple, after you send money, please contact your family's name, sender's name, amount received and money transfer code (MTCN) to relatives that can receive money.
5. In Vietnam, you can receive money online, while online deposit services are not available.
6. Transfer money with Western Union Money Transfer application on Android and iOS. (Not yet applied in Vietnam).
7. In case if you want to transfer money to recipients at Western Union transaction points, you need to have enough information on the 'money order' form such as the receiver, bank name in English, BIC number or The SWIFT code and the bank account number of the recipient. New money can be transferred successfully.

2. Type of transaction currency

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1. Deposit type: USD.
2. Type of money received: USD or VND or other currencies through buying and selling foreign currencies with banks.

3. Forms of receiving Western Union money

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To be able to receive money, you can go to Western Union agents. Then complete the information you received from the sender on the receipt (To Receive money) requested by the agent, to ensure you can bring your identity card or identification card.

Information to fill in when receiving money:

1. The money-receiving code, also known as MTCN, consists of 10 digits (MTCN stands for Money Transfer Control Number).
2. They send the name to you.
3. The country sends you money. For example, if the sender of the money from France says it is French.
4. The amount you receive. For example, if you receive $ 200, write $ 200.
5. Test questions and answers if available.
6. In addition, you must bring ID card or documents as passport to verify you are the recipient of the money. Note not to ask family members or friends to accept.
7. New owners are allowed to receive money.
8. It only takes 2 days for you to receive money from the bank.
9. Some banks in Vietnam today such as ACB, Techcombank, Vietinbank, VPBank, . can provide customers with money receiving service from Western Union online, to receive this way, you must have a bank account at These banks and Internet banking usage.

I wish you all success!