Western Union has been providing money transfer services and making lives easier for many customers around the globe. The service provider helps many clients to send or receive funds in over 200 currencies. Unfortunately, many customers face issues that are related to transfer limits at least once in their life.
In this article we will discuss the Western Union transfer limits and also cover the aspect that what if a person exceeds that limit?
Types of Western Union Limits
Just like any other money transfer service provider Western Union also has a transfer limit and if you exceed the limit you might have to face issues such as the transaction get declined and you have to wait for some time. There are two types of limits
- The amount of transfers
- The number of transfers
It means that there is a certain amount of money that can be sent and a certain number of transfers that can be made on a daily or monthly basis.
How Much Amount Can You Transfer in a Month?
While transferring funds through Western Union one should remember that there is a transfer limit which means that the sender will be able to send a certain amount of money within a month. WU allows you to send up to 3000 USD but if you verify your identity, you are allowed to send up to 50,000 USD.
The transfer limit may vary from country to country and also depends upon various factors like sender’s history of transactions, receiver’s history, payment method and sender’s and recipient’s country.
How many Times can I receive Western Union in a Month?
Just Like transfer limit, there is also a receiving limit which means that a person will be able to receive a certain amount in 30 days. Normally, most of the customers are allowed to receive 5-7 transfers in 30 days and if he or she exceeds this limit then they have to wait for a period of 30 days in order to receive another amount.
The limit may not be available for all receiving countries and is subject to restrictions based on various factors. The receiving limit can vary with respect to both the sender’s and the receiver’s country, and also their transaction history etc.
Western Union Limit Exceeded, What Now?
If you have exceeded Western Union limit then your transactions will be halted or delayed so a person has to wait for at least 30 days in order to make another transaction. Most Western Union customers know that whenever their transaction has been halted, they receive an error code that indicates a specific issue.
In case of exceeding limit, the customer will receive error code C2201 that will indicate that the customer who is trying to make a transaction has exceeded his monthly limit that is why the transaction has been declined or halted, therefore, he has to wait for 30 days in order to make another transaction.