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And on the lighter side...
Posted on 09/11/2007 10:35:32 AM PDT by yorkie
Four months ago, Gwen Gampon wired $1,030 to her brother from a Western Union Co. outlet in Anaheim during a family emergency.
In Hawaii, her brother, who is unemployed and doesn't have a checking account, ended up with just $950 -- after the money-transfer company deducted a $79.99 fee for the immediate transaction.
"Western Union is seen as a lifeline," said Gampon, a refinery worker from Garden Grove. "That lifeline, however, has an ugly side that preys on those that are already in financial need."
Sending money to less-affluent relatives is an age-old practice that grows more popular every year because of robust immigration and improved technology. In Southern California, Latinos have long depended on electronic transfers to send money for food, medical care and education to their families back home.
Now, 158 immigrant advocacy groups from around the country are accusing Western Union, the largest U.S. money-transfer company, of charging exorbitant fees while failing to adequately reinvest in immigrant communities. In Los Angeles on Monday, the groups launched a nationwide boycott of Western Union, demanding that the Englewood, Colo.-based money-transfer giant lower its fees and put some of its profit back into the communities that use its services.
(Excerpt) Read more at latimes.com ...
Beggars can’t be choosers.
It should be free, just like everything else.
Eighty dollars to wire a thousand?
Why not call it what it is? Extortion.
It’s too Haarrrddd to come here legally and set up a checking account, and demand that bum relatives do the same. /sarc
This was between the mainland US and Hawaii. And these don’t seem to be [shudder] Latinos. /s
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And on the lighter side...
Sounds straight from Je$$e Jack$on.
Western Union can charge whatever they want, nobody is forced to use it.
Your choice. If you want to save money, write a check or use a money order. If the federalis or foreign banks rip you off, then protest for change in the home country. Or better yet, demand the US just take over the planet. I could go for that one.
More accurately they send $ to their relatives to hire a coyote so they can get all those things here...for FREE! And STILL they complain.
Sounds like an opportunity for competition to come in and charge lower fees.
Although a fee for this service is warranted. This would be a bit excessive.
Extortion is when you are forced to do something.
These people are choosing to use this service. Let the free market decide what they charge.
Maybe WU charges extra for faster delivery, kind of like UPS Red or FedEx Priority service. I've never used them, so I have no idea about their fee structure.
How is it extortion? The rates are posted on the wall. If you don't like them use another service. Banks charge 15 - 20 bucks to wire. Or UPS a money order. There are other ways than WU.
I guess it’s difficult to set up a checking account with a stolen SSN.
What a heartless nation!
Then don’t use it.
WU is making a fortune off illegals and illegal drug dealers. This is what happens with open borders, and an Administration which openly encourages this!
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