International money transfers can cost a lot and fees may vary depending on where and how you chose to transfer. Western Union charges you depending on the method of payment. For example, a credit card transaction would cost you much more than a debit card transfer.
Fortunately, there are better alternatives to expensive money transfer methods like reliable and smart apps. Lycaremit is a great example of one such app that lets you transfer money quickly and at very minimal costs.
In addition to being expensive, Western Union also comes with certain disadvantages and limitations such as-
- Sending money using In Minutes and Three Day – $2,999 per transfer
- Next-Day payments and Mobile Money transfer – $500 per transfer
- Payments which are done on the phone – $300 to $2,500 depending on the exact transfer details
For larger international transfers you will have to provide certain documents as well.
Although Western Union has been around for a long time they are yet to become fully modern. Many customers reported delayed transaction time, extra-charges, and bad customer service.
Here is a chart for comparison-
Lycaremit is one of the safest and quickest ways to transfer money abroad. Go to their website to calculate your transfer costs before you make the transaction for free. Money is an essential commodity, be smart with your money!