Banking III
Commerce SSS2 Third Term
WEEK 7
Banking iii
Performance Objectives
The student should be able to:
1. Discuss the various forms of payment.
2. Explain e-banking.
Content
Forms of payment contd
Western Union Money Transfer
The Western Union Company is a financial services and communication company based in the United States. It has been in operation for over 150 years and has over 400,000 agents. Western Union money transfer is a means of sending and receiving money easily. A sender presents the fund at Western Union office or any of their location and provides the details of the recipient. Western Union generates a 10 digit Money Transfer Control Number (MTCN) for the sender to be sent to the.... View More
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