7 Disadvantages Of Western Union Money Transfer

1. For some types of transfers, such as when you’re paying by credit card, the fees can be expensive. 2. Western Union funds must be picked up in person, they will not automatically transfer to a bank account or credit card. 3. Poor exchange rates sometime make Western Union expensive. 4. Error in processing of remittance. 5. If you’re sending a transfer from one bank to another, the delivery speed can be slow--taking multiple business days for processing.