17 August 2017
visit www.avoka.com

Oanda and Western Union team of cross-border money transfer

17 May 2017  |  3076 views  |  0 Source: Oanda

OANDA, one of the world’s largest providers of multi-asset trading services and foreign exchange solutions for individuals and businesses, today announced that it has teamed up with Western Union Business Solutions to deliver a new cross-border money transfer solution, OANDA Money Transfer.

Directly accessible through the OANDA website and its world trusted online currency converter, the cross-border money transfer service allows customers to efficiently set up an account, send money in over 130 currencies and to 170 countries and territories.

Available on desktop and mobile, the application provides 24/7 access to real-time rates for personal and business FX transactions. OANDA customers will also have the ability to set up market alerts to be notified when a preferred market rate becomes available.

The service has officially launched in the US, Canada, Australia, and the UK, and will be expanding to additional countries in the near future.

Vatsa Narasimha, OANDA CEO, commented: “We are thrilled to be working with one of the most trusted names in the business to bring our customers and visitors a fast, reliable money transfer solution in a time of unprecedented challenges in foreign exchange.”

The arrangement brings together two of the financial industry’s most influential providers of foreign exchange and fund transfer services at a time when payments and transfers are increasingly being executed across borders and in multiple currencies.

Kerry Agiasotis, Chief Payments Officer for Western Union added “We are excited about our alliance with OANDA, which brings together two powerhouses in the foreign exchange and international payments space to help OANDA empower their clients with a solution that marries our cutting-edge global payments platform with OANDA’s legacy, reputation and proven FX capability.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.dorsum.eudownload the paper now

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10322 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9699 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9578 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8526 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8001 views comments | 1 tweets | 2 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job