Romanian Post launches online money wire with home delivery
The state-owned Romanian Post recently launched a money transfer service that allows Romanians who work abroad to send money to their relatives in the country. The main feature of this service, which is called Money Home Delivery, is that the postman will deliver the money to the recipient’s home, the company announced on September 24.
With this service, Posta Romana enters a market that has been dominated so far by large international money transfer services, such as Western Union and MoneyGram. These traditional money transfers require the recipient of the money to go to a bank unit or any other location where Western Union or MoneyGram services are available.
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