Western Union Business Solutions Review - Money Transfer Costs and FXcompared’s rating
Rating based on expert reviews by FXcompared
Daniel Webber
Founder & CEO
Daniel is Founder and CEO and has 20 years of experience in the international finance world focusing on cross-border payments, technology and the property sectors. Daniel is widely quoted as an expert within the money transfer industry including by The Economist, The Wall Street Journal, Reuters, CNBC and Bloomberg. Daniel is passionate about helping consumers and businesses find the best and most efficient ways to transfer money internationally.
Western Union Business Solutions Review
Western Union, the parent company of Western Union Business Solutions, was founded in 1851 as a printing telegraph company in New York and the Mississippi Valley. Western Union Business Solutions provides various financial services to its corporate and business clients, including money transfers, incoming payment processing and currency risk management solutions.
Western Union Business Solutions has a network covering more than 200 countries and territories and has access to more than 130 currencies to meet the company’s foreign currency needs. Western Union’s global network and industry experience can help companies to cope with fluctuations in the foreign exchange markets and optimise their international business processes.
All Western Union features are available and distributed in the US, Europe, Canada, Australia and New Zealand. However, the priority for today is access to the markets of Asia and Latin America.
Currently, millions of users around the world use this service for international money transfers both for personal purposes (sending money to family members) and for business purposes — Western Union Business Solutions was developed for these purposes.