Western Union and Al Fardan Exchange have come together to launch high-value direct-to-account payout transfers from the United Arab Emirates (UAE) to the world.
Consumers in the UAE can now send up to AED 183,600 (USD50,000) via their smartphones from wu.com or Western Union mobile app, funded from accounts, directly into bank accounts in many countries worldwide. They can also make direct transfers to bank accounts from Al Fardan Exchange retail locations in the UAE.
The opportunity to send up to AED183,600 (USD50,000) per transaction, 24/7, around the world, will enable consumers to send money in larger values at a very competitive cost with end-to-end transparency, convenience, and speed.