Cyprus Post offer MoneyGram
Cyprus Post has started offering MoneyGram money transfers in all its 50 locations, entering the remittance business valued at EUR 280m a year. Postal director Andreas Gregoriou said that five district post offices already operate in afternoons and Saturdays and will open on the first and last Sunday of each month in order to serve students and foreign workers.
Gregoriou said at a joint press conference in Nicosia with MoneyGram officials that Cyprus Post plans to open four new post offices next year in Peyia, Kiti, Ay. Trimithias and Ypsonas, raising the total to 56, including two seasonal post offices that close in winter.
