You can add Western Union as a withdrawal method if you prefer, however, it helps to be aware of the fees associated with Western Union and how it all works before you make the decision.
Western Union deposits are made on the 15th and 30th of the month, which means if you would like to withdraw your current HiretheWorld balance through Western Union, we ask as a courtesy to request the withdrawal two days in advance (13th and 28th).
When you make the request, we deduct a $5 fee to cover transaction costs and then convert the balance from USD to CAD. There are transfer fees that Western Union charges to send money overseas and they vary depending on your country. The transfer fee is absorbed by you during the process.
To get an estimate of how much the transfer fee could be, visit WesternUnion.ca and visit their Price Shopper service.
Within a day or two you will receive a MTCN number and other details via email from HiretheWorld which will allow you to visit a local Western Union Branch and withdraw your earnings. You may be subject to a pickup fee from Western Union as well.
To better understand all the costs involved, let's look at an example.
Let's say you just won a $350 prize amount for a Logo contest. After the contest holder approves the final files, you will receive your winnings in your HiretheWorld account. We automatically take 20% of the winnings so $280 will show up in your HiretheWorld account. Now you wish to withdraw your $280 from HiretheWorld via Western Union. We then take $5 from the amount and convert the $275 from USD to CAD based on the exchange rate on that particular day. Let's say $275USD converts to $270CAD. We will use a deposit to the Philippines as an example and so the transfer fee is $14 (the fee may vary depending on the number of deposits, where the deposit takes place, and what country the receiver is in) We will then deduct $14 from $270, so the amount that will show up in the Philippines is $256CAD equivalent in PHP (Philippine Peso). When you go to withdraw, Western Union may charge a pickup fee on top of that.
As you can see with all the associated fees, Western Union is usually not the withdrawal method of choice if there are other options available. We suggest if you must use Western Union, then you withdraw your earnings in large chunks as the fees are fixed costs.