Western Union Service

Western Union Service
Western Union Instant Money Send - Receive Service

Available at all Iktisatbank branches, WESTERN UNION (WU) is the most used method for instant money sending-receiving  from person to person worldwide.

What are the advantages of using instant money transfer with Western Union?

Kıbrıs İktisat Bank Ltd offers you international money transfer . From any of our branches you can instantly send or receive money from any of the 200 countries worldwide with over 500,000 service agents available,  Western Union is the most secure method of instant funds transfer.

What do I need to do to send money ?

For instant money transfers in USD and GBP you should:

  • Complete a "To Send Money" transfer form, available at all Iktisatbank branches.
  • Together with your photo identificaition, the funds and the transfer fee hand your completed form to the teller.
  • The teller shall complete the transaction and provide you with a written Money Transfer Confirmation Number (MTCN). 

What do I need to do to receive money ?

  • Complete a "To receive Money" form with the details of the person who sent the funds, the country from where the funds were sent, the amount, and the Money Transfer Confirmation Number (MTCN).
  • Hand the completed form over together with your photo identification to the teller.
  • The teller will complete the necessary checks, process the transaction and pay you the funds.
  • The receiver does not pay a fee for receiving the funds.