What Is the WUVISAAFT Charge on Your Bank Statement?

If you’ve recently checked your bank statement and noticed a charge labeled “WUVISAAFT,” you might be wondering what it is and where it came from. This unfamiliar charge can be confusing and even concerning, but fear not, as we are here to explain everything you need to know about the WUVISAAFT charge on your bank statement.

What is the WUVISAAFT Charge?

First and foremost, WUVISAAFT stands for “Western Union Visa Acquirer Fee Transaction.” This charge is associated with Western Union, a well-known and trusted money transfer service that allows individuals to send and receive money globally. The WUVISAAFT charge is a fee that is applied to transactions made through Western Union using a Visa card.

When you make a transaction through Western Union using your Visa card, the company incurs a fee from Visa for processing the transaction. To cover this cost, Western Union passes on a portion of the fee to the customer, which appears on your bank statement as the WUVISAAFT charge.

Why Does Western Union Charge This Fee?

Western Union charges the WUVISAAFT fee to cover the costs associated with processing transactions and maintaining their global network. This fee helps ensure that Western Union can continue to provide reliable and secure money transfer services to customers around the world.A PAI ISO charge appears on your bank statement when you use an ATM or make a purchase processed by Payment Alliance International.

The fee is necessary to cover various expenses, including:

  • Transaction Processing Costs: Visa charges Western Union a fee for processing transactions made with Visa cards. The WUVISAAFT fee helps cover this cost.
  • Operational Costs: Maintaining a global money transfer network requires significant resources. The fee helps cover the costs of running and maintaining Western Union’s infrastructure.
  • Security Measures: Ensuring the security of transactions is a top priority for Western Union. The fee helps fund the implementation of advanced security measures to protect customers’ financial information.

Is the WUVISAAFT Charge the Same for All Transactions?

No, the WUVISAAFT charge may vary depending on the amount of the transaction and the country it is being sent to. Western Union’s website states that the fee can range from $0.50 to $10, but it is typically around 1% of the total transaction amount.

The variation in the fee is due to several factors, including:

  • Transaction Amount: Higher transaction amounts may incur higher fees.
  • Destination Country: The fee may vary depending on the country to which the money is being sent, as different countries may have different processing costs.
  • Currency Exchange Rates: Fluctuations in currency exchange rates can also impact the fee amount.

Can I Avoid the WUVISAAFT Charge?

While it may not be possible to completely avoid the WUVISAAFT charge, there are a few strategies you can consider to minimize the impact of the fee:

  • Use Alternative Payment Methods: Consider using payment methods other than a Visa card, such as a bank transfer or a different credit card, to see if they incur lower fees.
  • Compare Money Transfer Services: Shop around and compare fees from different money transfer services to find the most cost-effective option for your needs.
  • Send Larger Amounts Less Frequently: If you frequently send small amounts of money, consider consolidating your transfers into larger amounts to reduce the overall number of transactions and associated fees.

Is the WUVISAAFT Charge Refundable?

In most cases, the WUVISAAFT charge is non-refundable. However, if there was an error with your transaction or you were charged multiple times for the same transaction, you can contact Western Union’s customer service for assistance.

If you believe you were incorrectly charged, follow these steps:

  1. Review Your Transaction Details: Double-check the details of your transaction to ensure there were no mistakes.
  2. Contact Western Union Customer Service: Reach out to Western Union’s customer service team to explain the issue and request a refund if applicable.
  3. Provide Documentation: Be prepared to provide any necessary documentation, such as transaction receipts or bank statements, to support your claim.

Is Western Union the Only Money Transfer Service That Charges This Fee?

No, Western Union is not the only money transfer service that charges a fee for transactions made with a Visa card. Many other money transfer services also charge similar fees to cover the costs of processing transactions and maintaining their networks.

When choosing a money transfer service, it’s important to compare the fees and services offered by different providers to find the best option for your needs. Some factors to consider include:

  • Transaction Fees: Compare the fees charged by different providers for transactions made with a Visa card.
  • Exchange Rates: Look for providers that offer competitive exchange rates to get the most value for your money.
  • Transfer Speed: Consider how quickly the money will be transferred and available to the recipient.
  • Security Measures: Ensure the provider has robust security measures in place to protect your financial information.

What Should I Do If I Don’t Recognize the WUVISAAFT Charge on My Bank Statement?

If you don’t recognize the WUVISAAFT charge on your bank statement, it’s important to take the following steps to investigate and resolve the issue:

  1. Review Your Recent Transactions: Check your recent transactions to see if you made any transfers through Western Union using a Visa card.
  2. Contact Western Union Customer Service: If you don’t recognize the charge, reach out to Western Union’s customer service team for assistance. They can help you identify the transaction and provide more information.
  3. Monitor Your Bank Account: Keep an eye on your bank account for any unauthorized transactions. If you suspect fraud, contact your bank immediately to report the issue and take steps to protect your account.


In conclusion, the WUVISAAFT charge on your bank statement is a legitimate fee associated with using Western Union with your Visa card. It is necessary to cover the costs of processing transactions and maintaining their global network. While it may come as a surprise to some customers, it is disclosed in Western Union’s terms and conditions. If you have any further questions or concerns about this charge, don’t hesitate to reach out to Western Union’s customer service for assistance.

By understanding what the WUVISAAFT charge is and why it appears on your bank statement, you can make informed decisions about your money transfer options and ensure you are getting the best value for your money.


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