No transfer fees to European bank accounts with Western Union
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No transfer fees to European bank accounts with Western Union

15
Found 1st Jan
Ok, so I'm a little behind the times on this deal, as it happened in April, but it doesn't seem to have been posted and it will make a lot of medium sized transactions cheaper than places like Transferwise.

Send money to Europe with no transfer fee, with a pretty decent exchange rate.

Comparing it to Transferwise (one of the cheapest places to change money normally) or your bank, you could save quite a bit.
An example of the saving I made today:
400 euros needed to go from the UK to France

Transferwise: £2.04 fee if you pay by bank transfer (more by debit card)
Exchange rate: £1 = 1.12640 EUR
Total cost in GBP: £357.15

Western Union: £0 fee and no charge to pay using a debit card.
Exchange rate: £1 = 1.1228 EURTotal cost in GBP: £356.26

Nationwide bank: £9 SEPA fee
Exchange rate: £1 = 1.1024 EUR
Total cost in GBP: £371.84


As you can see, the exchange rate is worse for WU than Transferwise, so if you're sending a lot more money, it might be better to go there.



To make the deal super sweet, if you're new to Western Union, Topcashback are offering £1.01 just for signing up (free money!) and £12.62 for your first international transaction over £50

Hope this helps someone. Happy new year.
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15 Comments
lol
revolut - free internationally (and better xchange rate)
Edited by: "murtgurge" 1st Jan
Also Azimo quite good I think?
BB is watching you
murtgurge21 h, 10 m ago

revolut - free internationally (and better xchange rate)


Don't u need pay 5 quid for card delivery or is it free know
MynameisM56 m ago

Don't u need pay 5 quid for card delivery or is it free know


you pay for the card yeh but you can send transfers internationally (us included) for free at interbank rates

the rate displayed in this deal is the interbank rate which WU does not use so I think OP is confused, but you will get something like 1.05 - so you save 7p for every £ using revolut let's say, so £100 transfer you have already made back your £5 card fee
murtgurge4 h, 13 m ago

you pay for the card yeh but you can send transfers internationally (us …you pay for the card yeh but you can send transfers internationally (us included) for free at interbank ratesthe rate displayed in this deal is the interbank rate which WU does not use so I think OP is confused, but you will get something like 1.05 - so you save 7p for every £ using revolut let's say, so £100 transfer you have already made back your £5 card fee


Nope, not confused. The rate I said is correct. I have the receipt...
Jonnyblock1st Jan

Also Azimo quite good I think?


Azimo rate isn't very good. Worse than Transferwise, which is why I left it out
cameleer2 m ago

Nope, not confused. The rate I said is correct. I have the receipt...


dont worry I won't tell anyone
murtgurge1st Jan

revolut - free internationally (and better xchange rate)


Thanks, never knew about this one. With the topcashback my deal will still beat it for my first transaction by some margin, but I'll be sure to use it next time.
But I notice those nasty Western Union people are still charging over £88.50 to send a "initial verification payment" to His Excellency Winston Nubogo in Lagos, Nigeria.

More profiteering on the backs of poor African nations or what?

murtgurge12 m ago

dont worry I won't tell anyone


Any idea why this went so cold? Still can't see anything that's better for a first transaction?
cameleer16 m ago

Any idea why this went so cold? Still can't see anything that's better for …Any idea why this went so cold? Still can't see anything that's better for a first transaction?


cashback typically isn't considered a deal and people really hate WU and Moneygram, the name of them screams scam to most people

I checked the exchange rates though and they are offering 1.00 GBP = 1.1189 Euro (EUR) which isn't as bad as I thought they'd be - but interbank rates are about a penny better so 500£ would make you back your £5 fee for the revolut card
murtgurge6 m ago

cashback typically isn't considered a deal and people really hate WU and …cashback typically isn't considered a deal and people really hate WU and Moneygram, the name of them screams scam to most peopleI checked the exchange rates though and they are offering 1.00 GBP = 1.1189 Euro (EUR) which isn't as bad as I thought they'd be - but interbank rates are about a penny better so 500£ would make you back your £5 fee for the revolut card


Thought that might be the case. I noticed people have a thing against topcashback on here, I guess because now and again it doesn't come through. Appreciate you taking the time to respond
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