Western Union Service

Western Union Service

WESTERN UNION

Fast, Secure and Worldwide Money Transfers
With Western Union, you can send money quickly and securely to millions of destinations worldwide or receive money at any İktisatbank branch. Before visiting one of our branches, you are required to complete the Western Union Appointment Form available on our website.

Western Union Appointment Form


Before You Start

Western Union Send Money and Receive Money services are available to individuals aged 18 years or older.
You do not need to be an İktisatbank customer.

TRNC Citizens
  • ID Card
  • Driving License
  • Passport
Turkish Citizens
  • ID Card
  • Passport
Foreign National
  • Passport

Money transfers can be initiated in:

  • USD
  • GBP
The payout currency is determined according to the Western Union service available in the destination country.


Send Money

Step 1

Complete the Western Union Appointment Form on our website.

Step 2

Visit your selected İktisatbank branch with your valid identification document.

Step 3

Provide the following information:

  • Receiver's full name
  • Destination country
  • Transfer amount

For Direct to Bank transfers, you will also need:

  • IBAN or Account Number
  • Beneficiary bank
  • Sort code

For Direct to Card transfer, you will also need:

  • Card Number

For Mobile Money transfer, you will also need:

  • Walled Name
  • Receiver's mobile number

You can send money through:

  • Money in Minutes
  • Direct to Bank
  • Mobile Money Transfer
  • Direct to Card

The maximum amount that can be sent in a single transaction from our branches is
USD 7,500 or its equivalent in another currency.


Receive Money

Step 1

Complete the Western Union Appointment Form on our website.

Step 2

Visit your selected İktisatbank branch with your valid identification document.

Step 3

Provide your 10-digit MTCN (Money Transfer Control Number).
Once your identity has been verified, your funds will be paid to you.

The Money Transfer Control Number (MTCN) is a unique 10-digit reference number assigned to every Western Union transaction.
The receiver must present this number to collect the transferred funds.
For your security, never share your MTCN with anyone you do not know.


Fees & Processing Times

*11 Countries (USD)

 

Other Countries (USD)

AMOUNT

EXPENSE

AMOUNT

EXPENSE

0,01-100

4,00

0,01-100

12,00

100,01-200

5,00

100,01-200

18,00

200,01-300

7,00

200,01-300

22,00

300,01-400

8,50

300,01-400

30,00

400,01-500

10,00

400,01-600

36,00

500,01-600

12,00

600,01-800

40,00

600,01-800

14,00

800,01-1.400

45,00

800,01-1.000

17,00

1.400,01-1.600

65,00

1.000,01-1.200

21,00

1.600,01-1.800

75,00

1.200,01-1.400

25,00

1.800,01-2.000

85,00

1.400,01-1.600

29,00

2.000,01-2.500

95,00

1.600,01-1.800

33,00

2.500,01-3.000

105,00

1.800,01-2.000

36,00

3.000,01-3.500

120,00

2.000,01-2.500

40,00

3.500,01-4.000

135,00

2.500,01-3.000

45,00

4.000,01-4.500

145,00

3.000,01-4.000

50,00

4.500,01-5.000

160,00

4.000,01-5.000

60,00

5.000,01-5.500

180,00

5.000,01-6.000

65,00

5.500,01-6.000

200,00

6.000,01-7.000

70,00

6.000,01-7.000

220,00

7.000,01-7.500

80,00

7.000,01-7.500

220,00


*11 Countries to Transfer Money from North Cyprus (USD):
Azerbaijan, Belarus, Georgia, Kazakhstan, Kirghizistan, Uzbekistan, Moldova, Russia, Tajikistan, Türkmenistan, Ukraine

Western Union fees are paid only by the sender.
No fee is charged to the receiver when collecting funds.

 Transfer availability depends on:
  • Destination country
  • Local regulations
  • Time zone differences
  • Selected payout method
For Direct to Bank transfers, funds are normally credited to the beneficiary's account by the next business day.