Xoom strikes deal with El Salvador's Banco Agrícola

Source: Xoom

Xoom Corporation (XOOM), a leading digital money transfer provider, and Banco Agrícola, the largest bank in El Salvador, have collaborated to offer instant bank deposits to all Banco Agrícola accounts, as well as a cash pickup service.

These new services allow Xoom customers to instantly send money directly into any Banco Agrícola account or have recipients pick up cash at more than 80 Banco Agrícola locations throughout El Salvador.

"Xoom is committed to providing 'instant' services, and we're pleased to launch instant deposit with the largest bank in El Salvador," said Julian King, Xoom's Senior Vice President, Marketing and Corporate Development. "People can choose from two convenient ways to send money -- instant deposit or cash pickup. Through our collaboration with Banco Agrícola, customers can rest assured that their loved ones can receive money without waiting or having to be mindful of cut-off times. Xoom customers can send 24 hours a day, seven days a week, every day of the year from their computer, mobile phone, or tablet."

Xoom customers can send money for cash pickup at any Banco Agrícola location, which are generally open Monday to Friday, from 9:00 a.m. to 4:00 p.m.

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