Among the payment systems created by non-residents in 2016 became leader Western Union. Western Union is a method of transferring money overseas via cash to cash or cash to a bank account in minutes, wherever they are in the world. The fee for a money transfer via Western Union charged only with remittance sender.
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Money Transfer branches
Western Union also makes money from currency exchange. MoneyGram being one of the main rivals of Western Union operates in over 170 countries through more than 75,000 outlets. The account holder then has to withdraw the money in cash fairly shortly after receiving the money and transfer it abroad using Western Union. The individuals involved can keep 10% of the deposited money as a commission. The employment contracts sent by e-mail look very professional and complete. Normally the payee can receive the money in a few minutes at a Western Union agent in the payee country. Western Union's rates are updated regularly in line with global markets and based on interbank rates.
Western Union Co (WU) Financial statistic
Last Price: 18.91 ＄
Change: ↑ 0.05 ＄
Change Percent: ↑ 0.2651113468 %
High: 19.195 ＄
Low: 18.78 ＄
Open: 18.78 ＄
Change:(YTD) 19.01 ＄
Change Percent: YTD -0.5260389269 %
Market Capitalization: 8 457 497 500