Would you like to send money from PayPal to Western Union? If yes, there are many considerations that you should make. To start with, Western Union is deemed to be one of the best ways to transfer money to your loved ones or friends. Regardless of the distance between the sender and recipient, you can trust to have a wonderful experience whenever you make online money transfer through Western Union. The good news is that you can now transfer funds from PayPal to Western Union seamlessly. This article will outline the steps that you should follow alongside other facets around it.
Transfer Money From Paypal To Western Union
To start with, I must mention that there is no valid way to send money for PayPal to Western Union as of now. However, there are alternatives;
If you reside in the U.S and you have a PayPal debit card, you can readily retrieve cash at the ATM machine or better still, ask PayPal to send you a check. Thereafter, you can cash this check at the nearest Western Union branch. Also, you can go to Western Union online with your PayPal debit card and then send money. This way, you will have successfully have transferred money from PayPal to Western Union. For optimal results, you should send this money in small amounts in order to avert all the charges involved.
What Considerations Should You Make When Sending Money From Paypal To Western Union?
Some of the considerations that you should make when making this online money transfer include:
1. Ensure that you have enough funds in your PayPal
If you have used PayPal in the past, you will note that you cannot withdraw if you do not have sufficient funds in your account. Therefore, you should ensure that you have enough funds in your account before making this. Possibly, your account balance should be more than the amount you want to send.
Also, remember that 5% of your amount will be applied whenever you want to make this online money transfer. Once you make complete the payment, you can be sure that you will receive a confirmation message through your email.
2. Know whom you are transferring the money to
Although this might seem obvious, it is mandatory that you know the name of the recipient. This is because Western Union is a popular way for scam artists to receive money from their victims. In fact, such incidences have happened severally in the recent past.
Besides this, trust what the money is for. For instance, you should not send money to a friend or a grandchild for an emergency that you have not confirmed through a reliable source. Also, you should not just send money to someone whom you just met online. Finally, you should not send money through Western Union for an employment opportunity or to claim what is popularly known as lottery winnings.
3. Determine the location of the recipient and name
Besides determining the name of the recipient, it is important that you know and even verifies the recipient’s location. This way you will know what city to send the money to. Ideally, you should know the name that is used on their ID as this will be used to verify the funds are being sent to the legit person. For optimal results, you should ensure that the recipient has a local Western Union that they can actually visit and that you will be in a position to their location.
4. Save the MTCN number
Once you have places your order, and send money, you will receive a MTCN popularly known as Money Transfer Control Number in your email. This is the tracking code and the recipient will need to submit this, before receiving the money you send through PayPal. Therefore, you should save this number. Typically, you will receive this code within a few minutes.
5. Talk to your recipient and notify him or her about the MTCN number
Finally, you need to talk to your recipient and provide him or her with the MTCN number given to you by Western Union. The recipient will use this tracking code to verify that indeed he or she is the legit person who should receive the money. Also, advise him or her that one is required to present a government-issued ID that matches the name of the intended recipient so that he can successfully collect the money.
Why Choose Western Union to Send Money?
For many years, Western Union has remained to be one of the leading money transfer services. As we speak, most people use Western Union to send money overseas. Since 1851, it has been reputable; thanks to its efficient services as far as online money transfer services are concerned. Here are some reasons why Western Union remains to be one of the best ways to send money online:
1. Transparent fees
If you check closely, most banks normally charge exorbitant fees whenever you want to transfer money abroad. However, with Western Union, you will be able to save more as there are no hidden fees.
This makes it better than other ways to send money abroad. For instance, when you want to send money from PayPal to Western Union, only 5% of the total amount applies. With this in mind, you will be able to know how much you can send at a particular time.
2. It is easy to receive money
Besides having transparent fees, Western Union makes it easy for recipients to get the much-needed funds that have been sent to them. It actually remains to be one of the best ways to support family and friends living abroad.
If you cannot be there in person, you can consider sending some money to them. This way, you will be able to support them financially. All that is needed by the recipient is a government photo ID and the MTCN number. With these documents, he or she will be good to go.
3. Allows you to make overseas investments.
Sometimes, you might want to invest overseas and you need to finance all your projects. In case you are able to make large payments online, the better. However, with the proliferation of scams online, it is just hard to perform these activities.
The good news is that you can do this with Western Union. Here, you can readily send money to a foreign country, worry-free, thanks to the MTCN number. With this number, the recipient can track every international money transfer in real-time.
If you have some money on your PayPal account and you want to send it to a friend or family member living abroad, Western Union is one of the best options you should consider. The process is relatively seamless and will only take a short period for them to receive the funds. Consider this guide today and you will not regret it.