Dec 242014

Japan is one of the countries that are well known for quality. It is among the greatest industrial nations of the world. There are many expatriates living in the country who send money out of the country and money is also transferred for business purposes. Other than the leading money transfer services like Western Union and MoneyGram, there are few local money transfer services like the one offered by Seven Bank.

Seven BankThey offer an international money transfer service from Japan, but for receiving funds, they direct customers to Western Union. To send money, one needs to have an account with Seven Bank and apply for international money transfer, before depositing money. Money transfer can be requested through internet or over the mobile phone or through a Seven Bank ATM.

Money can be transferred to almost every country of the world, however, before going forward, one is advised to refer to the list of supported countries. Charges are quite high compared to other services. For instance, sending $100 to the United States costs JPY 1500, apart from the exchange rate difference. The fee can be calculated here, but the supported countries should be referred to first.

There is a limit for transfer of money, which is 1 million JPY in one transaction or in one day or in one month. Annual limit is 3 million JPY. Having said this, some countries may have lesser limits. Western Union locations may set different limits for receiving.

Nov 122014

Question From Earl Griffin:

Can you transfer money to Ghana? If so, how much and what is the transfer fee?


You have not mentioned where you want to send money from; I am assuming it is the USA. Unless you have a family back there that you want to support, or there is a clear purpose, I suggest you not to send money to Ghana. In general, the West African region is where scams and fraud are very common. Many people in different parts of the world have received emails, SMSs or phone calls from scammers in this regard.

In case you have a purpose and you decide to send money to Ghana, you can read further. There are a lot of ways to send money to Ghana. The most effective and fast way is through Western Union, world’s leading money transfer operator, having operations in almost every country in the world. They allow $3000 to be sent anywhere from the US and the fee starts at $4.99.

Ghana Money TransferFor amounts over $3000, their foreign exchange solution may have to be used, which allows senders to send up to $10000. It has to do more with currency trading in case of the latter.

According to a report published by The World Bank, Ria Money Transfer offers you the least total cost, compared to MoneyGram and Western Union. They charge $5 per transfer if the sender pays using bank account; otherwise it is over $10. Ria allows transfers up to $2999.

Even MoneyGram allows transfers of up to $2999, but divert the sender to an exchange house – USFOREX, in case they need to send over $2999. Some operators may charge lower fees, but the exchange rate margin would cover the cost entirely. All of these services can either be accessed online on their websites and by visiting a branch.

If you want to use a bank’s framework and do not want to use a money transfer operator, you could make a Bank Wire Transfer. I hope you have got the best options to select from.

Sep 232014

By Mohammed Waseem

Payroll cards provider Brightwell Payments has a product line called OceanPay, which is a service to cater to payroll needs of businesses. It involves products offered in partnership with Visa and MasterCard for the users to benefit from various services available. This includes cash withdrawal, online account access, etc.

One of the services available is the facility to send money back home. As it is called, it is a service that enables users to send money home in minutes, without leaving the ship. The ways available to send money include wire and draft.

OceanPayAll the users have to do is login and select the Global Currencies option. The web address for logging in is mentioned on the back of every card. Once logged in, the above mentioned option has to be selected for making money transfer. A beneficiary has to be added then, from the Manage tab by selecting the Manage Beneficiary option from the drop-down menu.

The currency has to be selected then, having filled the form and before selecting Create New Beneficiary. The information required for adding a beneficiary is their mailing address, the receiving bank’s name, bank code, IBAN and the SWIFT Code, and the receiving bank’s address.

After the beneficiary has been added, payment details have to be entered in screen after selecting Order Wire/Draft from the Quote & Order menu. After adding the payment, ‘Send Wire/Draft’ has to be chosen to initiate the payment. The acknowledgement can then be printed for reference. The fees applicable maybe between $7 and $15.

Western Union transfers are available through OceanPay, as well. Users can alternatively choose this to send money to any corner of the world and avoid complicated procedures. The wire transfer is safe, but it is complicated compared to the simple processes many competitors have been offering and to the demands of modern customers.

This service is only available to OceanPay card holders; and the cards are provided by their employers. So it is not available for everyone.

Jul 062014

By Mohammed Waseem

If you live in Malaysia and want to send money internationally, POS Malaysia Berhad is a very good option. They are the premier postal service provider for Malaysia and have a wide range of services offered, including international money transfer. They have over 1000 touch points across the country, which enables senders to use any of them to send money quickly.

The touch points include POS outlets, POS Minis, POS24 self-service-terminals, Post-on-Wheels mobile outlets and postal and stamp agents. They are a trusted way to send money order to 21 countries at only RM 4 per transaction. The supported countries include India, Canada, Sri Lanka, Pakistan, Singapore, South Africa, United Arab Emirates, Vietnam and few other Asian countries.

POS MalaysiaMoney can also be received at POS from any of the supported countries. In most cases, the service is offered in partnership with Western Union. Western Union can be used to send money to any part of the world, but money order can be sent only to the 21 supported countries; and here, the limits are set by POS themselves.

In order to send money using Western Union, one has to visit a post office and complete the ‘send money’ form available there. After this, a money transfer control number is given to the sender which has to be communicated to the recipient. To receive money, one can provide the money transfer control number at the post office for confirmation and collect the cash without any deduction or charge.

Maximum amount that can be sent by money order has been limited based on the recipient’s country. To quote a few examples, senders can send a maximum of USD 2000 to Bangladesh, CAD 2000 to Canada, USD 1000 to Turkey, USD 1500 to Indonesia and PKR 50000 to Pakistan. To check the limits for other countries, this link can be followed.

Domestic Money Order can be used to send money locally within Malaysia. The limit applicable here, is RM 10000 and the fee chargeable is RM 2. Express Money service is also available for a fee of RM 6 per transaction.

May 152014

Brenda Parker wrote:

I am trying to find my closest Western Union Money Transfer office close to where I live. I went to a post office this morning to send money from Sydney, Australia to Tokyo, Japan for goods that I purchased and the woman could not process my application. I live at South Hurstville, Sydney, Australia. Please help me.


Brenda, there are many Western Union agents around Hustville in Sydney. I will list them here, but will skip the post offices because you said one of them did not succeed in processing your transaction. In South Hurstville, there seems to be only one agent (Australia Post on Connels Point Road), which, I suppose you have already visited; the following agents are probably a little away from your home.



Shop 4 14 16 Ormond Parade, Hurstville, NSW 2220

Hurstville Western Union 1


Shop To7, Hurstville, NSW, 2220

Hurstville Western Union


Shop 142 Cnr Cross St And Pa, Hurstville, NSW 2220

Hurstville Western Union 3

There are a few more agents in the same area, but I believe these should do the work. You could also try other post offices in Hurstville.

May 142014


Diana Forman wrote:

I sent some money via Western Union to someone in Chicopee. He picked up the money yes but how can I confirm the identity of the person who picked up the money? Would the Western Union be able to confirm to me the name of the person who pick up the cash. I need the information to make a claim for reimbursement.


Western Union storefront.

Western Union.

Diana, Western Union requires the person who picks up the transfer to present the money transfer control number and a piece of identification – typically a driver’s license. Whether they retain this information in their system, and whether they can provide you with any sort of proof – like a photocopy of the person’s license – I don’t know.

I suggest you call the Western Union customer service number and ask them directly. Their number in the United States is:  1 (800) 325-6000 

I’d be interested in hearing how this turns out for you. Come back and leave a comment on this post after you work it out. Good luck.

– Wael

Sep 212011

By W.H.A.|

Western Union has announced that they are teaming up with a company called TouchNet to offer a new payment service for international students. Students will have to options:

1. They will be able to pay their tuition fees in local currency directly from their bank accounts.

2. They can pay their fees in cash at participating Western Union offices around the world.

Western Union

Western Union

There are millions of students studying in foreign countries, and Western Union is looking to make the tuition payment process easier for them, and of course make a profit in the process.

Western Union, whose stock symbol is WU, has been expanding aggressively into a number of new markets, and offering new products. Their stock peaked at $22 per share in March 2011, and is currently trading at $16.

Jun 032011
Western Union prepaid credit card

Western Union prepaid MasterCard

By W.H.A.|

Remittances to the Philippines from overseas Filipinos are one of the primary income sources in that nation.

(By the way, I always thought it was odd that the country is called the Philippines with a “Ph” and two p’s in the middle, while the people are Filipinos with an “F” and only one p. Isn’t life confusing enough already?)

So anyway, money transfer services are always looking for new ways to capitalize on large markets like that. Western Union has announced that they will begin offering a couple of new services in the Philippines.

Patricia Z. Riingen, a senior vice president at Western Union, said in an interview that the financial service firm was looking at opportunities in new channels like prepaid cards and bank account-based money transfers (ABMT).

“Prepaid represents a significant opportunity in the Philippines, offering added convenience to receive and spend money to the ‘unbanked’ population, including seafarers,” Riingen said.

This prepaid card will allow the recipient to withdraw money from ATMs, or to use the card like a credit card. The sender can “load” the card with additional credit remotely, through any Western Union agent.

I think this is an interesting concept. It might work well for those who have relatives in the Philippines who do not own bank accounts or credit cards. It depends on how versatile the Western Union prepaid cards is.

May 152007

MoneyGram International

MoneyGram Services, MoneyGram Locations, and MoneyGram for Travelers

Which is the Best Money Transfer Service?

Our Long-Time Favorite: MoneyGram

We like MoneyGram for a number of reasons, including price (cheaper than Western Union), the breadth of their global money transfer network, ease of use (does not require complicated verification like Paypal), and their involvement in local communities.

What Services Does MoneyGram Offer?

MoneyGram International provides money transfer services, money orders, and bill payment services to consumers. Another segment of MoneyGram International provides financial institutions with payment processing services, primarily of official check outsourcing services and money orders for sale to their customers.

The major corporate competitor of MoneyGram is Western Union, which is considerably larger than MoneyGram.

MoneyGram Money Transfer Network Locations

Through the MoneyGram international money transfer network of approximately 100,000 agent locations worldwide, customers can wire cash quickly (usually within 10 minutes), reliably, conveniently and at attractive prices to recipients in 170 countries. Customers in U.S. can also use the Internet to send money using MoneyGram eMoney Transfers.

MoneyGram Versus Western Union

MoneyGram usually costs less than Western Union and offers consumers additional value by giving them a complimentary 3-minute phone call to tell the receiver the money is available. Moneygram also includes a ten-word message to accompany the funds, the offer of a free MoneySaver Card discount and 100% guaranteed service (Note: service offerings may vary by geographic region).

Who Uses MoneyGram Money Transfers?

MoneyGram money transfers are used by people without traditional banking relationships, people who send money to their home country, traditional bank customers in need of emergency money transfer services, tourists without local bank accounts, and businesses in the United States that need rapid and economical wire transfer services.

MoneyGram is one of the fastest ways available to send funds. MoneyGram funds are sent electronically, and can be collected by the recipient from any MoneyGram agency. This makes MoneyGram an ideal option for those without access to a bank account, or for countries where it takes time and money to carry out your banking.

MoneyGram ExpressPayment

MoneyGram Payment Systems also offers ExpressPayment, an economical bill payment service, that allows consumers to pay their auto, mortgage, credit card and other bills fast. Consumers who use MoneyGram’s ExpressPayment get guaranteed delivery of their payment. ExpressPayment is currently available at MoneyGram agents within the United States and via the Internet.

MoneyGram’s Charitable Activities

MoneyGram gives back and invests in the communities where they do business by sponsoring and participating at local community events. MoneyGram has also donated its services for humanitarian causes. For example, for 30 days after Hurricane Katrina, MoneyGram International waived its fees for sending contributions to the Red Cross disaster relief fund.

Advice for Travelers: Use MoneyGram

If you are travelling and find yourself out of money, a wire transfer service provided by American Express can help you tap friends and family for emergency funds. Through MoneyGram (tel. 800/926-9400;, money can be sent around the world in less than ten minutes.

Senders should call Amex to learn the address of the closest outlet that handles MoneyGrams. Cash and credit/charge cards are acceptable forms of payment.

MoneyGram’s fee for the cash transfer service is $19 for the first $50, with a sliding scale for larger sums. The MoneyGram service includes a short telex message and a 3-minute phone call from sender to recipient. You must present a photo ID at the MoneyGram outlet where the money is received when you pick it up.