1. Initiate Your Payment
a. Though Online Platform
- Access our online system, enter payment information and choose how you would like your recipient to receive the funds
- Book rates via the MPP online system
- Confirm foreign exchange rate details and book your payment
- We will send you an email with the payment specifications
b. Through dedicated dealer team
- Contact our specialised dealers through phone, email of fax to provide you with a tailor made exchange rate for your payment needs. We will send you an email with the payment specifications and how to settle your money order.Contact GAP Dealer via phone or email to “book” a deal, i.e. create a payment instruction.
- Once Dealer confirms the deal he/she informs you via phone and email of the “Settlement amount”.
- “Settlement amount” needs to be deposited in a designated WUBS bank account i Cyprus.
- Client deposit can be effected through a bank transfer.
- Once confirmation that cleared funds have been deposited in the WUBS designated account the payment instruction is released to the Beneficiary
2. Fund the Payment
Provide us the funds for your transaction as per the agreed procedures.
The amount and currency as stated in the order confirmation can be paid in via the following methods. Your funds are always paid to WESTERN UNION Business Solutions directly and not to GAP Vassilopoulos Group.
- Bank Transfer sent to in designated WESTERN UNION Business Solutions bank account.
3. We send the funds to the beneficiary
We will take care of the foreign exchange and send the payment quickly and reliably to the beneficiary as per your instuctions. You can receive an email notifying you that the payment has been executed. We can even send your recipient an email notifying them of the incoming payment.
* Note that only authorised personnel of your company can contact the WESTERN UNION Business Solutions dealer by phone or email. Contact Us for more help
** Western Union Business Solutions has a flat charge on EUR 7.5 for payments in EURO up to EUR 50,000 and provides competitive exchange rates for all currencies. Our ALL IN rate is normally extremely competitive.