Tag: Western Union

Caixa Galicia to offer Western Union Money Transfer Services

Posted by | May 7, 2007 | |

Caixa Galicia, one of the leading financial service providers in Spain, and The Western Union Company, a leading provider of global money transfer services, have reached an agreement to offer Western Union Money Transfer services via Caixa Galicia’s offices in Spain.

Caixa Galicia now joins The Western Union Company’s network of approximately 305,000 Agent locations, including Western Union’s existing Agents in Spain, Correos y Telegrafos, Fexco Espana, Cambitur Internacional and Angelo Costa.

Agent representatives offer Western Union services through more than 8,400 service points and offices in Spain, reinforcing Western Union’s presence in the northeast region of the peninsula.

“This agreement marks the beginning of a successful relationship between two financial services companies, each with a global reach and trusted reputation,” said Mario Barbas, Western Union’s regional vice president for Southern Europe.

Caixa Galicia is one of the top financial institutions in Spain, with more than 800 bank offices in 10 countries.

The company will offer Western Union services to consumers wanting to make efficient remittances.

Western Union is recognized for its speed, efficiency, reliability and worldwide accessibility.

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Government to constitute high powered postal services management board

Posted by | Mar 15, 2007 | |

The federal government has given approval for the setting up of a high powered management board for Pakistan Post to tone up efficiency of postal services, it was officially learnt here Thursday.
The director general of Pakistan Post will be the chairman of the board.
Sources said the postal department needed disciplinary and financial autonomy because of increasing competition from private operators in the field.
“The customers’ expectations and technological advances have created enormous challenges for the Pakistan Post which necessitated the setting up of the board,” sources said.
Talking about the steps already in place to improve the postal efficiency, a top official said a new mail routing and circulation system under the name of “District Wise Sorting System” has been introduced.
“This has replaced the old system mostly dependent on railways network inherited from the time of independence,” the official said.
He said in view of the improved road conditions, Pakistan Post Office has introduced “Pakistan State Mail” service on important routes exclusively for conveyance of mail.

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Western Union extends its relationship with La Banque Postale

Posted by | Feb 27, 2007 | |

The Western Union Company announced that it has renewed its relationship with La Banque Postale. The new agreement will enable Western Union to pursue a successful business strategy as it continues to create rich opportunities by strengthening the Western Union brand and its relationships with Agents.
With approximately 29 million customers, La Banque Postale operates one of France’s largest financial services networks. They have a bank license that allows them to offer a wide range of financial services. In October 2006, Western Union and La Banque Postale celebrated 10 years of working together. The agreement with La Banque Postale promises to increase Western Union’s reach throughout France. Presently, Western Union and its agents operate more than 3,000 locations across France, and customers carry out millions of Western Union Money Transfers annually with La Banque Postale.
Both organizations also manage a successful joint venture “La Societe Financiere de Paiements” (SFdP) which, along with its correspondents, manages a network of 46 branches located in France’s major cities. This joint venture was created in 2003 to complement the Western Union service offering within La Banque Postale and endeavor to meet the wide-ranging needs of customers — primarily immigrants who have left home to seek a better life in France and who continue to send money home to the families they have left behind. These remittances provide support for everyday necessities like education, food and health.

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Indian postal service, Western Union to expand joint operation

Posted by | Nov 10, 2006 | |

Indian Postal Services and the Western Union plan to expand their joint operations aiming at a bigger slice of the hundreds of thousands dollars that are transferred by Indian diaspora to their loved ones every year.

The two had entered into agreement in 2001 to provide Western Union branded money transfer service to consumers via 900 post offices across the country but since then the services have vastly expanded and now 8,500 post offices serve Western Union customers.

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A Seventh Agent in Cameroon: Western Union expands its network by signing with Cameroon Post (CamPost)

Posted by | Nov 1, 2006 | |

Western Union, a worldwide leader in money transfer services, announces the expansion of its network in Cameroon with the launch of its new Agent Representative: the Cameroon Post Office (CAMPOST). This helps Western Union improve its distribution in Cameroon. The Cameroon Post is one of six other Agent Representatives: Cofinest; Société Générale de Banque au Cameroun; Banque Internationale du Cameroun pour l’Epargne et le Crédit; Crédit Lyonnais Cameroun; Ecobank and Commercial Bank of Cameroon.

This new signing is an important milestone for Western Union Africa taking into consideration that Cameroon is a key market in Africa. The Post Office network, widely present in Cameroon, started in August 2006 offering the Western Union Money Transfer® service in 7 locations. Twenty-Five locations are expected to offer the service before the end of 2006 with a total potential of 150 Post Office locations.

Through the expansion of the Western Union network, more people will be able to conveniently access a fast and reliable money transfer service. The cooperation with CAMPOST will increase the number of locations and will enable Western Union to approach traditional mail service customers with their product. On the other hand, CamPost customers – especially in the countryside – will benefit from the extra convenience and ease of collecting money sent from family and friends abroad in the postal branches closest to them.

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