Why would Western Union block a transaction?
Occasionally, money transfers may be declined. This is due to a variety of reasons, such as WU being unable to confirm your identity. If these are not met, your money transfer may be declined. If you were declined trying to send money online, you may be able to send money in person at an Agent location.
Is there a limit to how much you can send through Western Union?
You can send a maximum of $2,500.00 per online money transfer. Agent locations typically have no limit, however, so long as you can provide adequate identification while sending. Nearly all transactions through Western Union will have a transfer fee attached, ranging from $3.50 to $100 or more.
How long does Western Union block money?
7 days. Western Union will flag this as a romance scam, even if it’s legit. They have nothing to lose anyway, but they’ll block you from sending your money. They’ll take the money though, then hold on to it for at least 7 days before they return it to you if you keep asking them to unblock you for 7 solid days.
Can Western Union ban you?
If you send large amounts of money say over $10,000 or receive small amount on a continual basis, it could be flagged as money laundering as another Quoran indicated. Again, you need to do some research unless someone here has some experience receiving small amounts of cash many times a day by Western Union.
How can I send a large amount of money?
Here are the best ways to send money:
- Cash. Max transfer amount: No limit.
- Bank transfer. Max transfer amount: No limit, although there may be internal transfer limits.
- PayPal. Max transfer amount: $10,000 per transaction.
- Google Wallet.
- Venmo.
- Xoom.
- USForex.
Do large transfers get flagged?
By law, banks report all cash transactions that exceed $10,000 — the international money transfer reporting limit set by the IRS. In addition, a bank may report any transaction of any amount that alerts its suspicions.
Does Western Union report transactions?
Here’s how the reporting system works at Western Union. An automated system monitors all transactions in Western Union’s vast transfer network, analyzing about 31 per second. If suspicions are confirmed or expanded, the analyst files a suspicious activity report, or SAR, to the government.
Why is my Western Union transfer blocked?
4. Your transaction may be blocked if Western Union has reason to believe that a sender or receiver is involved in fraudulent activities, financial crime, or money laundering. The funds will be sent back to whoever sent them. Both the sender and receiver will be blocked from receiving money
Can I still send money through Western Union if I’ve been declined?
Originally Answered: I’ve been declined to send money online through Western Union. Does this mean I cannot go to a WU agent now? You should still be able to go to a physical WU office and give them cash to send. Since you’re flagged for fraud, they aren’t going to accept things like checks or credit cards.
What is the maximum send limit for Western Union cards?
Maximum send limit $500/day/card account. Money is delivered to receiver’s home or work via FedEx and arrives on a Western Union® MoneyWiseTM Visa Prepaid Card* the next business day. Subject to FedEx Express delivery schedule.
Can Western Union be flagged as money laundering?
If you send large amounts of money say over $10,000 or receive small amount on a continual basis, it could be flagged as money laundering as another Quoran indicated. Again, you need to do some research unless someone here has some experience receiving small amounts of cash many times a day by Western Union.