Singapore · Payments & e-money
Western Union Global Network PTE LTD
Western Union Global Network Pte. Ltd. is a private company incorporated in Singapore. The Monetary Authority of Singapore (MAS) licenses it as a Major Payment Institution under the Payment Services Act 2019 for cross-border money transfer. It belongs to the Western Union group, headed by The Western Union Company. The firm provides the Western Union Money Transfer Service in Singapore online, through the Western Union app and through a network of licensed authorised agents and representatives that act under agreement with it.
Licences and registrations
Held by Western Union Global Network PTE LTD. 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| MAS Financial Institutions Directory - Major Payment InstitutionMonetary Authority of Singapore (MAS) | Major Payment InstitutionPayment Institution | Not published by the register | Singapore | Active | — | — |
|
Search the register ↗ |
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory. No LEI is matched to this entry, and BICs are linked by LEI only.
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
Firm type
Money remittance
Trades as Western Union
- Ownership
- The firm belongs to the Western Union group, whose parent is The Western Union Company (listed on the NYSE as WU). Its direct shareholder was not confirmed from a primary source.
- Ultimate owner
- The Western Union Company, United States
- Head office
- 50 Raffles Place, #11-02, Singapore Land Tower, 048623 Singapore, Singapore
- Company register
- ACRA UEN 200008701C
Online
- Websites & references
- westernunion.com ↗
corporate.westernunion.com ↗ group corporate site
ir.westernunion.com ↗ group investor relations - Official social accounts
- X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 6 pages consulted
- eservices.mas.gov.sg/fid/institution/detail/1138-WESTERN-UNION-GLOBAL-NETWORK-PTE-LTD
- westernunion.com/sg/en/contact-us.html
- westernunion.com/sg/en/legal/terms-profile.html
- westernunion.com/sg/en/mobile-app.html
- westernunion.com/sg/en/legal/terms-conditions-digital.html
- membership.singaporefintech.org/company/200008701C
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
MAS licenses the firm as a Major Payment Institution under the Payment Services Act 2019 for cross-border money transfer service. Its Singapore profile terms name it as the contracting entity together with Western Union International Ltd, and state that it carries out the money transfer service in Singapore.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Monetary Authority of Singapore Singapore | Major Payment Institution (Cross-border Money Transfer Service) | — | In its own name | Active | eservices.mas.gov.sg ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Products and markets
Researched 29 Sep 2026 · Sources
It sends money from Singapore to more than 200 countries and territories by website, app or agent location. Payout is to bank accounts, mobile wallets or cash pickup, and the Singapore site lists India, the Philippines, Indonesia and Thailand as popular destinations.
It serves senders in Singapore under its MAS licence, directly online and through authorised agents.
- Sells to
- Consumers
- Serves customers in
- Singapore
Recent events
Researched 29 Sep 2026 · Sources
The research found no fines, investigations, security incidents, licence changes or corporate events from the last three years.
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- BIC
- Holds no BIC in Swift’s directory
- LEI
- No LEI mapped
- Elucidate firm ID
- 61bc4f2fe3d2
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Payment Institution
- Activities
- Money remittance
- Payment services
- Licensed in
- Singapore · East Asia & Pacific
- First registered
- Not published
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
No LEI is matched to this entry, so GLEIF relationship records cannot be linked.
Addresses
- Address on the register
- 50 RAFFLES PLACE #11-02 SINGAPORE LAND TOWER 048623, Singapore, 048623
- Country
- Singapore
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address. No LEI or clearing code is mapped in the directory
- Postal address
- Hybrid: town, postcode and country in their own elements, the rest in two address lines
<FinInstnId>
<Nm>WESTERN UNION GLOBAL NETWORK PTE LTD</Nm>
<PstlAdr>
<PstCd>048623</PstCd>
<TwnNm>Singapore</TwnNm>
<Ctry>SG</Ctry>
<AdrLine>50 RAFFLES PLACE #11-02 SINGAPORE</AdrLine>
<AdrLine>LAND TOWER 048623</AdrLine>
</PstlAdr>
</FinInstnId>- The address line repeats the town or postcode. Remove the repeat if your payment system rejects it.
CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- MAS Financial Institutions Directory - Major Payment Institution—Monetary Authority of Singapore (MAS) · source ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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