Wells Fargo ExpressSend

I believe you must have heard of the name “Wells Fargo” at one point or the other. Well, in this article titled “Wells Fargo ExpressSend” we will discuss all about the services it provides. Also, we will talk about: Overview Of The Wells Fargo ExpressSend, Wells Fargo & Company, Exchange Rate IQ Review Of ExpressSend By Wells Fargo, Wells Fargo Zelle Transfer Limits, etc.

Overview Of The Wells Fargo ExpressSend

The whole idea of Wells Fargo ExpressSend Service is to perform money transfer from one person to another through various ways. It is a money transfer service that enables you to send money to your relations and loved ones in 13 countries. Also, you can perform money transfer throughout Asia and Latin America.

However, there are other money transfer service offered by Wells Fargo. If you want to transfer money within the United States, you can use its Zelle money transfer service. Then, if you are into business, you can use the Wells Fargo bank draft and wire transfer services of its banks.

The Wells Fargo ExpressSend permits the transfer of at least US$25 via its money transfer system. This is why it is important that you compare prices and fees between ExpressSend and other money transfer services providers. By doing this, you will know the best choice to make.

Wells Fargo & Company

The Wells Fargo & Company (NYSE: WFC) is a financial service company that got established in 1852. Its headquarters is at San Francisco. Meanwhile, it is a community-based, worldwide company that practices diversification, with approximately $1.3 trillion in assets.

This financial company is known to offer banking, insurance, investments, mortgage, and consumer and commercial finance services. It is able to do this through various channels. Those channels are: 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), etc. In addition, the Wells Fargo Company have over 270,000 workers that aid to render services to Wells Fargo customers.

Impressively, the Wells Fargo & Company have received a high level of recognition by getting the No. 23 rank on Fortune’s 2011 rankings of America’s largest corporations. However, Wells Fargo is ever committed to providing quality financial services to its customers.

Exchange Rate IQ Review Of ExpressSend By Wells Fargo

With the use of ExpressSend by Wells Fargo, you can be able to send money to another persons account safely. Also, you can obtain cash pickup services using the ExpressSend by Wells Fargo. It was in 1995 that Wells Fargo created this service. However, only people in South America, Central America, Mexico, the Caribbean islands, and Asia can access it.

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Wells Fargo Zelle Transfer Limits

Like we stated at the beginning of this article, the Wells Fargo ExpressSend which is in-line with the Zelle transfer only permits one to send the maximum of US$25. However, some countries that make use of this transaction service have various daily transfer limit. Below are those limits:

The list will take this form: Country, Max Limit: Cash Pickup, Max Limit: Account Transfer
- Dominican Republic, $1,500, N/A
- Guatemala, $1,500, N/A
- Nicaragua, $1,500, N/A
- Ecuador, $1,000, N/A
- China, N/A, $1,500
- Philippines, $1,000, $3,000
- Mexico, $1,000, $1,500
- El Salvador, $1,000, $1,500
- Honduras, $1,500, N/A
- Columbia, $1,500, $1,500
- Peru, $500, N/A
- India, N/A, $5,000
- Vietnam, N/A, $5,000

Below are various ways you can transfer money with ExpressSend by Wells Fargo:

Bank transfer
Wire transfer
Online transfer
Cash Pickup

With the ExpressSend transfer service, you are sure of having a secured transaction with an active customer service support team. Impressively, the ExpressSend by Wells Fargo have a 7.5 out of 10 rating from the Exchange Rate IQ group of reviewers.

Factors To Consider While Choosing ExpressSend by Wells Fargo

Below are some features that you have to evaluate before choosing the ExpressSend by Wells Fargo:

Pricing

One remarkable thing about the ExpressSend by Wells Fargo is that, there is a charge designated to every transaction you make. But, the location from which the funds are coming from will determine the the costs and fees. One of the fees is the Transaction Fee. This fee comes up when you want to transfer money to someone. For example, if you make a transfer of US$1,000 to China, you will incur a transfer fee of US$8.

However, if you want to open and maintain an account, you won’t be incur any charge. It is not news that the Wells Fargo transaction fee is quite high. They are trying to find a way to reduce the fees to retain their customers. In view of this, they impress their customers with the information of having a lower exchange rate than most banks.

Transparency

Just like we stated earlier, the ExpressSend by Wells Fargo have a 7.0 out of 10 rating by The Exchange Rate IQ group of reviewers. This is based on its pricing and quality of successful transactions. With this rating, you are sure of having a secured transfer of funds with ExpressSend by Wells Fargo.

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Transfer Speed

A good transfer speed is a very important factor you should look out for when choosing the ExpressSend by Wells Fargo. There are various services you can choose to transfer money depending on the transfer speed. Some of them are:

ExpressSend – If you send money to someone, the person will receive it almost immediately. Also, you can send money to many locations.
Zelle – This mainly focuses on U.S transactions and the transaction time takes up to two days to complete.
Wires – If you send money to someone staying in U.S, the person will receive it that same day. Meanwhile, for people who stay in other countries, the transaction time will depend on the regulations existing in their country.

The ExpressSend by Wells Fargo has a rating of 8 out of 10 rating from Exchange Rate IQ group of reviewers in terms of transaction speed.

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Countries That Support ExpressSend By Wells Fargo

There are some countries that support the ExpressSend by Wells Fargo. These countries include:

Colombia
India
El Salvador
Vietnam
Peru
Honduras
China
Dominican Republic
Ecuador
Guatemala
Philippines
Mexico
Nicaragua

Note that, there are some countries here that can support cash pick-up services.

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Countries On Intermediary Banks With ExpressSend By Wells Fargo

Below are the countries and their intermediary banks:

The Philippines

Banco de Oro Unibank, Philippine National Bank, Bank of the Philippine Islands, Metrobank, Lhuillier, Cebuana Lhuillier.

India

ICICI Bank, HDFC Bank, Axis Bank

Vietnam

Vietinbank, Vietcombank
China – Agricultural Bank of China

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The Level Of Experience Of Wells Fargo

The ExpressSend Service by Wells Fargo has gained a lot of working experience as they have been in existence for over 20 years. So far, there hasn’t been a significant complaint about the company’s performance. This is why many people make use of it for financial transactions.

Advantages Of ExpressSend By Wells Fargo

Below are some of the advantages of the ExpressSend by Wells Fargo so far:

Ability of some countries to access cash pick-up services.
Active customer support services.
High data security.

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Disadvantages Of ExpressSend By Wells Fargo

Below are some of the disadvantages of ExpressSend by Wells Fargo:

Higher transaction cost and fee.
Limited worldwide services.
Businesses cannot avail of fast money transfer service.

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Rewards Of ExpressSend By Wells Fargo

There is room for referral for those that make use of the Wells Fargo by Wells Fargo. Referral will help the company gain more recognition thereby expanding the service outreach. Meanwhile, there is a link attached to the a transaction with ExpressSend, so that, the recipient will get the link. The link is a confirmation that you will get your referral benefits from Wells Fargo.

On the other hand, utilizing the promo code you get by Wells Fargo leads to reduced transfer fee. You can share this code to the receiver through Email.

However, it is impossible to send money to many people unless the person have a different account with their own Service Agreement. Likewise, the service only allows you to accommodate a maximum of 4 recipients.

The Security Of ExpressSend By Wells Fargo

The outstanding feature of the ExpressSend by Wells Fargo is it high data protection and security protocols. Wells Fargo makes use of high technology to ensure a safe money transaction from one person to another. In terms of their strength in maintaining a secured transaction, the Exchange Rate IQ group awarded ExpressSend by Wells Fargo a high score of 9 out of 10.

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FAQs

How Can I Open An ExpressSend Account?

If you want to open an ExpressSend Account, you need to reach the customer service group of Wells Fargo. They will help you open an account.

Can I Send Money To More Than One Recipient?

Yes, you can. However, you will need to create a different account with its own Service Agreement.

Are There Business Transfer Services Available?

There are no business transfer services available. The features of the service can only accommodate the needs of individual users.

What Is Wells Fargo ExpressSend Phone Number?

The Wells Fargo ExpressSend Phone Number is the 1-800-556-0605.

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Conclusion

We just concluded with the topic “Wells Fargo ExpressSend”. I believe you will find the all the information you need from this article. However, you can carry out more research on the topic to get more details.