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Western Union Business Solutions International Payment Mandate Form If you would like your Pension provider to instruct Western Union Business Solutions to pay your pension into your overseas bank
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Step 1: Locate the currency field on the account form.
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Step 2: Select the desired currency from the dropdown menu.
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Step 3: Double-check the selected currency to ensure accuracy.
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Step 4: Save the changes to update the currency of account.

Who needs currency of account?

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Individuals or businesses dealing with international transactions.
02
Foreign exchange traders or brokers.
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Companies with branches or operations in different countries.
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Travelers who frequently use different currencies.
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Currency of account refers to the primary currency in which an individual or business holds their financial accounts.
Individuals or businesses who have financial accounts in a currency other than their local currency may be required to report this information.
Currency of account information can typically be filled out on financial reporting forms provided by relevant authorities or institutions.
The purpose of reporting currency of account is to provide transparency and ensure compliance with financial regulations.
Typically, the amount of funds held in the account, the currency in which they are held, and any changes in account balances must be reported.
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