A Smart Way To Send Money To A Bank Account

A smart way to send money to a bank account: Western Union offers convenience and speed

If you've ever needed to send money to a friend or family member, you've certainly noticed the endless methods and choices for getting the money to them: with cash at a money transfer location, through social media apps or by using your traditional bank account to get it there. And, these are only the tip of the iceberg, in terms of choices, if you've done any amount of research online.

With a growing number of ways to send money digitally, whether that's through social media apps, cryptocurrencies (like Bitcoin), or through traditional wire transfer methods, Western Union is a global leader in digital money transfers to a bank account. We'll discuss why and show you why using Western Union to send money to a bank account is a smart choice.

Traditional bank-to-bank wire transfer methods

With more than 69% of adults worldwide owning a bank account, it makes sense for consumers to choose this method to get the money there. However, traditional bank-to-bank wire transfers are slow and often don't provide receivers with the funds they need quickly when faced with a money emergency. And, aside from that, it's expensive.

For example, when two banks perform a money transfer using the following SWIFT method, the following takes place

First, the sender initiates the request to send money through their bank account and the bank charges a fee and receives the request for processing. Next, the sender's bank passes the funds to the receiver's bank where processing and validation of the transaction takes place, often adding several days to verify the information before it finally makes its way into the receiver's bank account. If the transaction is initiated during a weekend or holiday, several more days can be added to time it takes to arrive in the receiver's bank account. And, there is often a fee added to the transaction for the receiver, as well.

Need an easy and reliable way to send money on the go?

Use the Western Union® multi-language money transfer mobile app to send money, track your track your transfer, map a Western Union agent location and repeat your transaction easily. Learn more about the app and download today!

Sending money to a bank account with Western Union

Western Union's money transfer to a bank account combines the simplicity and dependability of traditional money transfers with the speed and ease of the digital world.

Your Advantages when sending money to a bank account with Western Union

- More options: You can send to billions of bank accounts around the world
With Western Union you can send your money to billions of bank or mobile accounts around the world.

- Reasonable cost, estimate fees & timings
Wiring money with your bank account comes with fees that may not be disclosed up front. You don't know exactly how much it is going to cost you and when the money is going to arrive. If there is a fee, you see all the details in advance and you'll know exactly what you will be charged before initiating your transaction. Remember, Western Union also makes money from currency exchange. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. Fees, foreign exchange rates and taxes may vary by brand, channel, and location based on a number of factors. Fees and rates subject to change without notice.

Choose to send money to a bank account with Western Union

When you choose to use Western Union to send money to a bank account, you choose to get your money transfer there quickly and conveniently. Use a money transfer service that brings you many t benefits with convenience. Learn more about how to send money to a bank account with Western Union.

Other services offered by Western Union:

Pay your bills with Western Union

Money Orders

Prepaid Cards

Send money online

Money transfer mobile app

Send money to an inmate

Services may be provided by Western Union Financial Services, Inc. NMLS# 906983 and/or Western Union International Services, LLC NLMS# 906985, which are licensed as Money Transmitters by the New York State Department of Financial Services. See terms and conditions for details.