Western Union, Banco do Brasil Renew Agent Contract

Western Union renewed its Agent contract with Banco do Brasil last week. Western Union’s Agent relationship with Banco do Brasil dates back to 1997.
Through this renewed five-year contract, Western Union maintains a solid network of 5,400 Banco do Brasil Agent locations throughout the country, retaining its powerful reach and presence throughout Brazil.
Renewal of the contract underscores Western Union’s excellent relationship with Banco do Brasil over the past decade, and highlights the emergent opportunities of the international money transfer business in Brazil.
About Banco do Brasil
Banco do Brasil is the largest financial institution in Brazil. It has 26 million clients, locations in 3,200 Brazilian towns and 24 countries, and 39,000 ATMs. The Banco do Brasil conglomerate is comprised of 15 controlled companies and a closed supplementary private social security institution. It is nearly 200 years old.