Western Union partners Emirates NBD Bank on money transfers

Source: Western Union

Western Union, (NYSE:WU), a leader in global payment services, today announced that it will offer its Account-Based Money Transfer service to Emirates NBD accountholders throughout the UAE.

The agreement between Western Union and Emirates NBD, a leading bank in the region, marks the first time that the service is available in the UAE. The service will enable Emirates NBD accountholders to send Western Union Money Transfers directly from their bank accounts via online banking, their mobile phones and more than 700 ATMs in the region.

"The Account-Based Money Transfer Service is a key component of Western Union's electronic channels strategy," said Jean Claude Farah, Western Union's Senior Vice President for the Middle East and Africa. "Our goal is to offer convenient ways to move money. This alliance with Emirates NBD is a clear example of two leading companies collaborating to meet the fast-evolving needs of consumers for technology-driven innovations and services."

Once launched, Emirates NBD accountholders will be able to send money to anyone within the UAE and to more than 400,000 Western Union Agent locations in 200 countries and territories.


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