As the world becomes more digital, so do your money transfer options

Spain By Vilius Rudnickas July 12, 2023
In this era of digital advancement, it comes as no surprise that our daily lives are becoming increasingly intertwined with technology. From shopping to gaming, working to checking in with family, the digital revolution has impacted almost every aspect of our lives. One area that has witnessed significant transformation is that of money transfers. As the world embraces digital innovation, we are experiencing a shift towards more and more people enjoying convenient and efficient digital platforms as they send money to loved ones around the world.  

The rise of online money transfer services

Gone are the days when sending money demanded a trip to a physical retail location or reliance on traditional banking channels. The advent of digital money transfer platforms has kept the best parts of those previous methods, while adding unprecedented convenience and speed to the process. With just a few clicks on a computer or taps on a mobile app, individuals can now transfer funds seamlessly across borders and continents. As a leading global player in the industry, Western Union has leveraged technology to provide secure and efficient digital remittance services. Our online money transfer options allow users in Spain to send and receive money conveniently from the comfort of their homes or while on the go. With Western Union's extensive network – with sending options to more than 200 countries and territories – and our commitment to innovation, individuals can transfer funds globally with ease.  

How does the online money transfer process work?

If you have ever transferred money at a physical agent location or bank branch in the past, the process is largely the same, just completed on our website via your laptop or tablet, or via our mobile app. Here are the key points of the process:  
  1. Register: Online money transfer enables near-instant transfers. Once you have gone through the registration and identity verification process once, you can have the whole process done within minutes of deciding to send money. You can even save recipient details to your account, so you won’t have to re-enter your loved one’s details if you want to send again.
  2. Send: To send your money transfer to a loved one, simply use our online sending tool to select your destination, choose the amount you want to send, select a receiving option, enter your recipient details (or select existing details if you’ve sent to them before) and select a payment method. You’ll be shown the expected transfer time, and the exact amount your loved one will receive, with no obligation to send.
  3. Track: If you do go ahead and send money online, you’ll be able to track your transfer every step of the way. For some transfers, you’ll hardly have time to track, as it’ll be there within minutes, but for those transfers which take a little longer, you can use the 10-digit money transfer control number (MTCN) we send you. You and your loved one can use this number to track the transfer in real-time through our website or app for added peace of mind.
  4. Confirmation: We want you to feel informed and confident in the sending process every step of the way. So, in addition to money transfer status tracking, and the range of security measures all our online transfers receive, you’ll also receive a notification as soon as your loved one has had their transfer deposited, or collected via cash pickup.
 

The continued presence of physical retail locations

Don’t worry, while digital money transfer options have gained prominence, you will still be able to access our network of physical retail locations in Spain. These brick-and-mortar establishments offer face-to-face interactions and cash-based sending, as well as cash pickup, for individuals who prefer or require such options.   But overall, it is important to note – and celebrate – that as our world becomes increasingly digital, money transfer options have benefited greatly from embracing technological advancements. Many of the customers who utilise the services of Western Union Spain have transformed the way they send and receive money, enjoying greater speed, convenience, and insight. Could you be the next to join the digital revolution and take your money transfers online?