Retail money transfers
Methods Retail money transfers International DEUT identifies Deutsche Bank. DE is the country code for Germany. FF is the code for Frankfurt. United States of America One of the largest companies that offer wire transfer is Western Union, which allows individuals to transfer or receive money without an account with Western Union or any financial institution. Concern and controversy about Western Union transfers have increased in recent years, because of the increased monitoring of money-laundering transactions, as well as concern about terrorist groups using the service, particularly in the wake of the September 11, 2001 attacks. Although Western Union keeps information about senders and receivers, some transactions can be done essentially anonymously, for the receiver is not always required to show identification. There are other companies in this market, like ACE Money Transfer, RIA Financial Services,...