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Western Union Money Transfer

 

 

Western Union is a service of quick money transfer – a system which enables receiving and sending money throughout the world, on a very quick and simple way.

 

 

In order to use this service you need not to have an account opened with the Bank. You just simply need to come to the Bank’s counters with a valid identification document (ID or passport) and to fulfill a form for acceptance or remittance of money.   

 

 

The individuals that receive or send money mutually inform themselves for the time of sending and the amount that is remitted, while the money can be withdrawn immediately upon remittance.

 

 

The Western Union service is available all over the world, at more than 385,000 locations in over 200 countries.

 

 

Useful information

• the money transfer is conducted in two currencies: euros or dollars;
• monthly limit of 2,500 EUR for remittance of money;
• daily limit of 5,000 EUR for receipt of money;
• no commission is charged for receiving money;
• the commission for sending money is charged in denars and depends on the current Euro or Dollar exchange rate;
• MTCN – control number for transfer tracking .

 

 

Fees and commissions charged when remitting money 

 

From	To	Eur	From	To	USD
EUR			USD
1	100	7	1	200	8.4
100.01	200	10	200.01	400	12
200.01	300	12	400.01	500	14.4
300.01	500	13.5	500.01	750	16.2
500.01	1,000.00	25	750.01	1,250.00	30
1,000.01	1,500.00	30	1,250.01	1,500.00	36
1,500.01	2,000.00	35	1,500.01	1,750.00	42
2,000.01	2,500.00	42	1,750.01	2,000.00	50.4
			2,000.01	3,000.00	52

 

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