21 June 2018
Visit www.worldwealthreport.com/

Western Union inks deal with Brazil's Banco Bradesco

04 February 2010  |  2983 views  |  0 Source: Western Union

The Western Union Company (NYSE:WU), a leader in the money transfer segment of global payments, and Banco Bradesco, S.A., one of the largest Brazilian banks, announced today an agreement to offer the Western Union global money transfer service at most of Banco Bradesco's locations in Brazil.

The Western Union global money transfer service, a new service offering for Banco Bradesco account holders and walk-in consumers will be available soon. Consumers will be able to send and receive consumer-to-consumer international money transfers in person at the majority of Bradesco's locations.

The signing of Banco Bradesco is part of Western Union's "go-to-market" strategy in Brazil. As Western Union continues the expansion of its service offerings, in an effort to strongly position money transfers to consumers in Brazil, it seeks to tap into strategic banking channels.

"Our expanding global money movement network provides consumers more ways to move money quickly to more destinations worldwide," said Stewart A. Stockdale President, The Americas and Executive Vice President Global Cards and Global Key Accounts. "Banco Bradesco is a leading-edge financial services institution. Our agreement with Banco Bradesco is part of Western Union's new focus on identifying and driving the development of best-in-class services to expand the company's business to new consumer segments in Brazil."

The Western Union Money Transfer service has been available in Brazil since 1997, providing international money transfer services, through its Agent network that currently includes more than 5,800 Agent locations.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit iliad-solutions.com/Visit https://info.nice.com/

Top topics

Most viewed Most shared
GPS raises £44 million to fund international growthGPS raises £44 million to fund intern...
23044 views comments | 7 tweets | 8 linkedin
DBS to use robot to screen applicants for human jobsDBS to use robot to screen applicants for...
8732 views comments | 3 tweets | 7 linkedin
Robots save Nordea from GDPR processing nightmareRobots save Nordea from GDPR processing ni...
8721 views comments | 10 tweets | 17 linkedin
BIS: Cryptocurrencies are an environmental disaster that could break the InternetBIS: Cryptocurrencies are an environmental...
7837 views comments | 18 tweets | 23 linkedin
BBVA aims to convert half of its customer base to mobile banking within the next yearBBVA aims to convert half of its customer...
7365 views comments | 13 tweets | 18 linkedin

Featured job

Find your next job