17 July 2018
Register today

MoneyGram adds Bank Asya branches to Turkey network

31 March 2010  |  4022 views  |  0 Source: MoneyGram

MoneyGram International (NYSE:MGI), a leading global money transfer company, announced today that it has added Bank Asya, a leading financial institution in Turkey, to its growing agent network to provide MoneyGram money transfer services at 160 branch locations in Turkey.

"We are delighted to expand our network in Turkey with Bank Asya and find creative solutions for bringing the ease and convenience of money transfer to more people around the world," said John Hempsey, MoneyGram's executive vice president for Europe, the Middle East, Africa and Asia Pacific. "We are committed to this region and we will continue to establish more locations and pursue new technology avenues for remittances such as transfers to mobile phones, prepaid cards or ATMs."

Hasan Unal, executive vice president for Retail Banking at Bank Asya, said, "We are introducing MoneyGram's money transfer services across our network in Turkey and we've set high standards for our service and will work to distinguish our branches as preferred MoneyGram agent locations."

In addition to serving Bank Asya's approximately 3 million account holders, MoneyGram's money transfer service will also be available to customers without accounts. Customers can walk into any of Bank Asya's 160 branch locations to send and receive international money transfers to or from MoneyGram's 190,000 agent locations in 190 countries and territories around the world.

In 2008, an estimated $1.3 billion was remitted to Turkey, according to the World Bank. Funds to Turkey arrive primarily from European countries including Germany, France, the Netherlands and Austria, as well as from the United States. MoneyGram money transfers in Turkey can be collected in euros or U.S. dollars.

"Bank Asya is an excellent addition to our agent network in Turkey," Hempsey said. "The bank's experience with advanced technology and focus on superior customer service aligns with MoneyGram's vision to provide more choices to consumers to reliably and conveniently send and receive remittances."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit info.nice.comVisit https://secure.vasco.com

Top topics

Most viewed Most shared
Handelsbanken trials micro contactless cardsHandelsbanken trials micro contactless car...
10385 views comments | 19 tweets | 30 linkedin
Metro Bank opens developer portalMetro Bank opens developer portal
9350 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
8714 views comments | 6 tweets | 14 linkedin
Citi to streamline corporate receivables with HighRadiusCiti to streamline corporate receivables w...
7736 views comments | 1 tweets | 5 linkedin

Featured job

Basic c Euro 120K, Variable Euro 120K - full ben...
Paris prefered London possible

Find your next job