Western Union is a popular way to send and receive money worldwide.
However, there are times when the recipient may not be able to collect the funds sent to them.
This can happen due to various reasons such as the receiver not being able to provide the correct identification or the transfer being put on hold.
In such cases, senders often wonder what happens to the money they send if it is not picked up.
This article will explore the consequences of not picking up Western Union money, including the fees involved, the process of getting the money back, and what to do if the transfer is unsuccessful.
what happens if Western Union money is not picked up?
The amount of time that a recipient has to pick up the money depends on the country and the service used.
In most cases, the recipient has up to 90 days to pick up the money.
After 90 days, the money is returned to the sender. However, this time frame can vary depending on the country and the service used.
If the recipient does not pick up the money within the specified time frame, the sender can request a refund. The process for requesting a refund varies depending on the country and the service used. In some cases, the sender can request a refund online or by phone. In other cases, the sender may need to visit a Western Union agent location to request a refund.
It is important to note that Western Union may charge a fee for processing the refund.
This fee can vary depending on the country and the service used. In some cases, the fee may be deducted from the amount of the refund.
If the sender does not request a refund, the money will be returned to the sender automatically.
The amount of time it takes for the money to be returned to the sender can vary depending on the country and the service used.
In some cases, the money may be held by Western Union as unclaimed funds.
Western Union has an unclaimed funds policy that varies depending on the country and the service used.
In some cases, unclaimed funds may be held for a period of time before being transferred to the government as unclaimed property.
what is the process for picking up Western Union money?
Western Union is a global money transfer service that allows people to send and receive money across the world.
When someone sends money through Western Union, the recipient needs to pick it up in person at a Western Union agent location.
To pick up the money, the recipient needs to follow a few simple steps.
- First, the recipient needs to locate a Western Union agent location near them.
- This can be done by using the Western Union website or mobile app.
- Once the recipient has found a convenient location, they need to ensure that the agent’s operating hours align with their schedule.
- Next, the recipient needs to provide the agent with some information.
- This includes the sender’s name and country, the tracking number (MTCN), and the expected amount.
- The recipient also needs to provide a government-issued photo ID, such as a passport or driver’s license.
- After providing this information, the recipient needs to fill out the To Receive Money Form (TRMF) provided by the agent.
- This form includes information about the recipient and the transaction.
- Once the form is filled out, the recipient needs to present their government-issued photo ID to the agent.
- The agent will verify the information on the form and the ID to ensure that the recipient is authorized to receive the money.
- If everything checks out, the recipient will receive their cash.
Alternatively, depending on where the recipient lives, they can have the money deposited directly into their bank account or mobile wallet.
To receive the money in their bank account, the recipient needs to provide the sender with their bank account details.
To receive the money in their mobile wallet, the recipient needs to visit the qualifying mobile network operator to receive the cash.
It’s important to note that some Western Union agents in certain countries might ask the recipient to register before they can collect their cash.
This may be the case if the amount being received exceeds a certain limit, or if the recipient has sent or received multiple payments within a certain time frame.
In certain locations, registering with Western Union when collecting money is standard practice for all transactions, regardless of the amount being received.
Recipients should also note that they usually have 90 days to collect their cash from a Western Union agent location.
After that time, the money will be returned to the sender. It’s important for recipients to pick up their money as soon as possible to avoid any issues or delays.