Western Union Money Transfer

Western Union provides consumers with fast, reliable and convenient way to send and receive money locally and around the world in over 200 countries and territories. There is no requirement for the sender or receiver to have an account with the Bank.

Basic Requirements to receive money:

• Correct names and address of sender.
• Name of Country/city of sender’s origin.
• Expected amount to be received.
• Answer to test question.
• Valid identification documents like ID, Driving license or Passport.
• Mandatory Money Transfer Control Number (10 digits figure)

Basic Requirements to Send Money:

• Name of destination country.
• Amount to be sent.
• Receiver's full names.
• Test question and answer if sending to Africa

Benefits:

• Money transfers take less than 10 minutes to get to destination.
• Recipient pays no fees.
• Easily accessible at any of our Branches.
• Very reliable.
• High confidentiality.
• No minimum amounts required.
• Can send and receive at any Western Union location.

For help, contact:

Western Union Customer Service Centre

Tel : +256-414-506008

Fax : +256-414-231635

E-mail: westernunionhelpline@centenarybank.co.ug

Telegraphic Money Transfers

Instant outward and inward international money transfers. Through Society for Worldwide Inetrnational Fund Transfer (SWIFT)

Main Features:

• Electronic transfer of funds.
• Worldwide coverage.
• Transfer charges as per the Bank tariff guide.
• Amount to be transferred.

Basic Requirements:

• Enough cash or credit balance in local or foreign denomination available on account for transfer.
• Names and account details of recipient .
• Name, account details and address of Correspondent Bank.

Benefits:

• Fast, safe and reliable.
• Facility convenient for movement of large sums of funds.
• Risk of forgeries is reduced as no cheque issuance is involved.
• Worldwide coverage.

Real Time Gross Settlement (RTGS)

This is an instant inward or outward electronic funds transfer. This is a facility convenient for movement of large sums of money with little risk of loss. It also reduces the risk of forging as no cheque issuance is involved. Just avail instructions to the bank mentioning the beneficiary, bank, branch, account number, amount and reason for the payment.

Electronic Funds Transfer (EFT)

This is an instruction to debit a Customer's account in Centenary Bank and credit an account holder in another Bank through use of electronic means and vice versa. This instruction however is not instant since it must go through the clearing system.

Inter-Branch funds transfer

Convenient way of instantly transferring a Bank customer's funds from one account in a particular branch to another account in another branch.