Remember those days of looking for a Western Union branch around town just to transfer some money overseas? It can be frustrating especially when you need to transfer the funds urgently.
Traditionally, individuals wanting to send money overseas had to go down to money transfer agents situated in brick-and-mortar stores, such as neighbourhood retailers affiliated with Western Union. This was quite a hassle what with the queue and everything else involved in getting off your chair. However, with more people gaining access to the Internet, online money transfers are becoming more popular. Western Union, for example, experienced a 41% increase in online money transactions in 2012 alone.
Using Western Union services, you can send money at your own convenience using RHB’s online banking service, RHB Now.
Overseas remittances using RHB Now
Western Union offers you a fast and convenient way to send and receive money within Malaysia and overseas from the comfort of your home. With online remittances, you can instantly transfer money to over 200 countries and territories around the world.
Before remitting money online through RHB, you must first have signed for a RHB account at any RHB branches. You will then be given access to RHB Now with a unique first time login user ID and password, which you will need to change after logging in for security purposes. This remittance facility applies for both savings and current account.
With just 5-easy steps, you can remit money online to your family, friends and business associates:
Why choose RHB Now?
1. Increased affordability
Digital platforms such as RHB Now cost less to operate than brick-and-mortar stores, and therefore online operators are able to offer lower prices for their customers. The flat fees or commission rates charged by these online operators are lower relative to the traditional over-the-counter transaction.
2. Increased transparency
Online platforms such as RHB Now organise and simplify the information senders need to make an informed choice, including the costs and time lag for each delivery channel. You and your recipient can request to check the transaction at any time.
3. Increased safety and speed
Online transfers from RHB Now take approximately up to three days. This is the fastest and most secure form of transfer. The bank typically uses the latest technology to keep your information safe.
Transfer and win
Customers performing a Western Union transaction, regardless of the amount, and destination via RHB will stand a chance to win monthly prize of shopping vouchers and the grand prizes of cash rewards. The RHB Send.Online.Win contest will begin on August 1, 2015, and end on November 30, 2015. The grand prizes will be selected based on the highest transactions performed during the promotion period.
For the monthly prize and grand prize draw, each customer is entitled to one draw for every Western Union transaction performed. The higher the number of draws that the individual earns, the higher the chances are for them to win. Short-listed customers will have to answer two questions, and the winners will be selected based on the answers.
If you have to transfer money overseas, why not try and get rewarded for using a fast and convenient way of transaction? With the security and efficiency offered by Western Union, doubled with the ease and convenience of doing it on RHB Now, at the comfort of your home, making overseas remittances is now a breeze.
The beauty of online remittance is the ease of tracking the status of your fund at all times. You will be updated on the progress by SMS or email as well. Also, when remitting online, as you can easily access it via your computer, smartphone or tablet – you can save on the hassle of going down to the Western Union office or visiting any agents.