Receiving money through Western Union in Nigeria

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Posted by on Friday February 7, 2014 at 14:23:41:

One of the fastest ways of receiving money from abroad into Nigeria is by making use of Western Union. Yes, Western Union is fast and works with all the banks that are in Nigeria.

For people who are sending money to Nigeria using the service, I think there is normally a fee for that and you can make use of Western Union online fee estimator.

Ordinarily, there are other ways of receiving money from abroad into Nigeria such as making use of a bank wire. A person is allowed to send money to another person's bank account in Nigeria directly using a bank wire service and same goes for a Nigerian who also wants to transfer money abroad. In the first case, he sends money in foreign currency to a beneficiary's domicialiry account in USD, GBP or Euro.

Bank wires uses the traditional method of moving from one bank account to another takes some time and in Nigeria, it takes about 7 days. A western Union money transfer service on the other hand takes only a few minutes and you'd be able to receive the money in Nigeria once it is available at the agent or bank location.

Western Union's money transfer service is faster than bank wires based on what I've seen and it's an effective way through which many people receive money in Nigeria from abroad.

A father who sent his son to the USA for graduate studies is normally cheerful when that son starts working and remembers to send money back to support his parents.

How does Western Union work in Nigeria? Well it begins with an application at Western Union's official website or office with the sender providing the name of the receiver, the country and the amount he/she wants to send. An application is normally submitted with a cash or card payment at an agent location or on the web.

After the transaction has been completed, the sender would be given a receipt and a Money Transfer Control Number(MTCN) which he would send to the beneficiary so that the latter would then proceed to the bank or WU agent to collect the money.

In Nigeria, Western Union payments can be made directly to people's account or in cash but a new rule says that the receiver must also at least have a bank account with the bank where he wants to collect the payment. Payments for Western Union money transfers are normally still made in foreign currency and the receiver is allowed to choose to receive a Naira equivalent over the counter or choose to receive it in the foreign currency it was sent.

So, to collect money from Western Union in Nigeria, what the receiver needs to have are the MTCN, Personal ID Card and at least a savings account. He/She would then proceed to the bank where he has an account and then request for a form to fill in the details of the funds they are expecting from abroad.




Comments:
    Re: Receiving money through Western Union in Nigeria Reply by ID on Monday February 10, 2014 at 20:49:8:

    Western Union payment in Nigeria are in Naira now not Dollars.



    Re: Receiving money through Western Union in Nigeria Reply by Some Guyman on Wednesday February 12, 2014 at 17:25:59:

    WU is most wonderfull option for 419 game. God id Good



    Re: Receiving money through Western Union in Nigeria Reply by a square. on Thursday March 20, 2014 at 9:20:30:

    am having problem with receiving money and gtbank said they dont have western union service for now. That is where i open account . What can i do



    Re: Receiving money through Western Union in Nigeria Reply by banker on Thursday June 19, 2014 at 16:38:51:

    GTBank offers the Western Union payment via Quickteller or the GTBank internet banking portal






Comments:
Re: Receiving money through Western Union in Nigeria Reply by kings on Tuesday July 29, 2014 at 13:57:41:

how does internet banking works.



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Tuesday July 29, 2014 at 13:57:41:

It works with the internet an works a bit like Facebook or Yahoo. Your bank will give you an account you can access on the internet using a username and password. With the internet banking, you will be able to do most of the things you normally do at the bank without having to go to the bank.


Re: Receiving money through Western Union in Nigeria Reply by sunday simon on Friday September 26, 2014 at 9:55:7:

Am expecting from South Africa and have never used western union before? what can i do?



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Friday September 26, 2014 at 9:55:7:

Just collect the MTCN and secret question from the person sending it and then go to your bank with your id card to collect it. You can alternatively tell the person to send it directly to your bank account if you want. If you are collecting it directly at the bank, they will give you a device on which you will press in the numbers.


Re: Receiving money through Western Union in Nigeria Reply by Victor on Sunday December 14, 2014 at 11:38:53:

What if u don't have personal I.D card?



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Sunday December 14, 2014 at 11:38:53:

You can receive it straight into your bank account in Naira. If you still don't have either of that, just tell the bank about the problem, maybe they will provide other options for you.


Re: Receiving money through Western Union in Nigeria Reply by Henry on Wednesday January 14, 2015 at 11:33:55:

What are the details i will send to the person sending the money



Re: Receiving money through Western Union in Nigeria Reply by Elijah micheal on Thursday January 22, 2015 at 10:38:16:

please how can I open a GTB account online and a western union.



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Thursday January 22, 2015 at 10:38:16:

Go to gtbank facebook page and click to open an account.


Re: Receiving money through Western Union in Nigeria Reply by SEGUN on Tuesday January 27, 2015 at 11:1:15:

can someone Abroad send me money directly to my GT BANK and FIRST BANK savings account and can i collect it with my ATM



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Tuesday January 27, 2015 at 11:1:15:

Yes they can send you money. Just give them your bank account number and bank name


Re: Receiving money through Western Union in Nigeria Reply by james on Wednesday February 18, 2015 at 14:5:8:

i was told last week when went to a first bank branch to recieve money..that any transaction above 500 dollars will not be paid to you in cash but will be sent directly to your account...please explain



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Wednesday February 18, 2015 at 14:5:8:

Let them pay it into your savings account then. If you don't have one, you should open one or go to a bank where you already have a savings account to receive the money.


Re: Receiving money through Western Union in Nigeria Reply by Adedoja Olayinka on Sunday February 22, 2015 at 15:54:51:

Pls am expecting money in this ending and I only have UBA account nd iv sent my account name to the person, how can I get the money pls



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Sunday February 22, 2015 at 15:54:51:

After the person sends the money, he will give you the MTCN and test question details with which you can go to UBA branch to collect the money from their western union center.


Re: Receiving money through Western Union in Nigeria Reply by Obafemi oluwabunmi on Sunday March 8, 2015 at 18:42:49:

please I'm expecting some money and each time I go to any Gtbank they keep telling to go online and use their online banking but it's not working,pls what should I do?



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Sunday March 8, 2015 at 18:42:49:

I think you can also receive cash at the bank without going to the web. You may also try using the website www.quickteller.com as an alternative. You will need to at least have a bank account with the bank through which you want to receive the western union payment in Nigeria.


Re: Receiving money through Western Union in Nigeria Reply by onwubuya mary on Friday March 20, 2015 at 13:58:39:

please, what are the requirement for a bank to register as an agent with western union in nigeria.My bank is interested in being a registered agent.pls kindly reply.



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Friday March 20, 2015 at 13:58:39:

I think you can get that information from western union directly


Re: Receiving money through Western Union in Nigeria Reply by olisa on Saturday November 21, 2015 at 8:53:32:

pls sir, my bro wants to send me some money in euros from Albania using western union..but the problem is that i don't know anything about western union and i've never used it before. Pls, what information will i give him to be able to receive the money? Am confused because i don't know if i must have a western union account first before i can receive money, or i could just have a bank account.
Pls, reply, thanks.



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Saturday November 21, 2015 at 8:53:32:

You must have a savings account at least to receive Western Union in Nigeria. When the money is available, you can go to the bank and provide them with your name, name of the person, country it's being sent from, amount and the MTCN.


Re: Receiving money through Western Union in Nigeria Reply by Anyanwu Patrick on Saturday June 11, 2016 at 15:6:25:

Can i be paid in Euro or dollars in Nigeria instead of in Naira?



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Saturday June 11, 2016 at 15:6:25:

Western union payments are now done in Naira according to CBN regulations.


Re: Receiving money through Western Union in Nigeria Reply by Jenix on Wednesday June 22, 2016 at 7:22:0:

What if I don't have a bank account can I receive dollar with just my name and my country ? If yes..please how?



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Wednesday June 22, 2016 at 7:22:0:

I don't think the current banking laws allows you to receive western union money without a bank account. You will have to open one before the payment is made to you.


Re: Receiving money through Western Union in Nigeria Reply by Onos young on Tuesday July 12, 2016 at 10:31:34:

Please how can i receive money from Zimbabwe.. . They said there WU cannot send money.. That they can only received.



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Tuesday July 12, 2016 at 10:31:34:

You can still receive money straight to your bank account using a bank wire from Zimbabwe.


Re: Receiving money through Western Union in Nigeria Reply by Vivian on Tuesday July 12, 2016 at 11:6:0:

What's D Nigeria Zip Codes To Receive Money Through Western Union



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Tuesday July 12, 2016 at 11:6:0:

It is also the same as postal code. It depends on your location in Nigeria. You can check with NIPOST to know the correct postal code.


Re: Receiving money through Western Union in Nigeria Reply by Monique on Wednesday August 31, 2016 at 10:53:46:

Some one wants to send money to me tru wu and am banking with firsT bank wat do I HV to do



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Wednesday August 31, 2016 at 10:53:46:

Just tell him your name, country, bank and he'll send it. You can then go to First bank to collect it after he has told you the MTCN details.


Re: Receiving money through Western Union in Nigeria Reply by Onyema Kate Uyor on Wednesday September 7, 2016 at 17:6:30:

how many days or weeks will take forwestern union transfer to expire if the person could not receive the money



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Wednesday September 7, 2016 at 17:6:30:

I think it is 14 days but I'm not sure. It's better to collect it early rather than late. You can however verify by checking their website for terms:https://www.westernunion.com/gb/en/terms-conditions.html


Re: Receiving money through Western Union in Nigeria Reply by Yemmy Odutola on Tuesday November 22, 2016 at 9:56:8:

Will I send my bank details to d sender of d money b4 I receive western union




Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Tuesday November 22, 2016 at 9:56:8:

I don't think so. You just need to send your name, address and any other few details but not your bank account details.


Re: Receiving money through Western Union in Nigeria Reply by Elvin on Wednesday November 30, 2016 at 11:8:11:

Please I want to receive money from Germany through western union, but he said that they needed my country code, how do I know Nigeria's code for western union?




Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Wednesday November 30, 2016 at 11:8:11:

The person should know. I think it should be +234


Re: Receiving money through Western Union in Nigeria Reply by Jones on Friday December 16, 2016 at 4:2:43:

Pls if I send money to Nigeria, will it be paid in foreign currency



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Friday December 16, 2016 at 4:2:43:

The current banking law allows it to be paid only in Naira. If you want to send foreign currency to someone in Nigeria, then send it directly to the person's domiciliary account


Re: Receiving money through Western Union in Nigeria Reply by David ezeh on Friday December 16, 2016 at 7:0:29:

I was inform of a payment being sent to me trough western union, with account number,an the amount being sent and the date, how can i claim the money,please



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Friday December 16, 2016 at 7:0:29:

You also need the MTCN to collect the money.


Re: Receiving money through Western Union in Nigeria Reply by Victor on Tuesday March 14, 2017 at 13:13:50:

What is mtcn


Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Tuesday March 14, 2017 at 13:13:50:

MTCN means Money Transfer Control Number


Re: Receiving money through Western Union in Nigeria Reply by stevenmaxx on Monday April 3, 2017 at 9:37:38:

Access bank is western union yes or no



Re: Receiving money through Western Union in Nigeria Reply by madumere on Monday April 10, 2017 at 21:38:59:

Good Evening. please how much is the maximum amount some one can sent from U
S.A .can one send up to $6000 at ones?



Re: Receiving money through Western Union in Nigeria Reply by Gabe on Friday April 7, 2017 at 2:44:19:

Is it compulsory I have an international passport before I collect money they sent to me from USA



Re: Receiving money through Western Union in Nigeria Reply by Felix Okoli on Friday April 7, 2017 at 2:44:19:

You just need an id card.




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