The Western Union Company (NYSE: WU), leader in global payment services,
and Synovus Bank, one of the largest community banks in the Southeast,
has launched Western Union international and domestic Money Transfer®
and bill payment services at 249 Synovus Bank full-service branches.
Both Money Transfer® and bill payment services are now
available to consumers at Synovus Bank, and money can be sent to more
than half a million Western Union Agent locations in more than 200
countries and territories.
Western Union’s global money transfer system offers Synovus—and their
customers—true international connectivity via cross-border money
transfers in minutes between consumers, and also from consumers to
businesses within the United States.
“By joining forces with Western Union, banks like Synovus gain a
cost-effective, secure and compliant way to meet increased consumer
demand to send money locally and globally,” said Carter Hunt, Senior
Vice President and General Manager, U.S., Western Union.
"Synovus Bank joins our growing network of banking collaborations as we
continue to grow and focus on ensuring our services are available to
those who rely on them.
"Western Union is at the forefront of the money transfer industry,
serving as an economic engine with in-minutes or next-day transfer of
funds between individuals across the U.S., and to urban and rural parts
of the world,” Hunt continued.
Synovus, headquartered in Columbus, Georgia, has a large footprint in
the South, with locations in Georgia, Alabama, South Carolina, Florida
and Tennessee.
For Synovus, Western Union services also provide a value-add for walk-in
customers as a part of their “Connect” program, created primarily for
consumers currently underserved by financial institutions.
“Western Union will allow us to provide more options to serve our
customers and assist with their financial transactions,” said Wayne
Akins, Executive Vice President and Chief Retail Banking Officer. “Their
service fits well into our Connect program, where we are working to
serve customers with a broader suite of products to match their
financial needs.”
To find the nearest Synovus Bank location with Western Union services,
visit www.synovus.com
and click on “ATM/Branch Locations.”
About Western Union
The Western
Union Company (NYSE: WU) is a leader in global payment services.
Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union
Business Solutions branded payment services, Western Union provides
consumers and businesses with fast, reliable and convenient ways to send
and receive money around the world, to send payments and to purchase
money orders. As of March 31, 2015, the Western Union, Vigo and Orlandi
Valuta branded services were offered through a combined network of over
500,000 agent locations in 200 countries and territories and over
100,000 ATMs and kiosks. In 2014, The Western Union Company completed
255 million consumer-to-consumer transactions worldwide, moving $85
billion of principal between consumers, and 484 million business
payments. For more information, visit www.westernunion.com.
About Synovus Bank
Synovus Bank is a Georgia-chartered, FDIC-insured bank. Synovus Bank,
together with its affiliates, provides commercial and retail banking,
investment, and mortgage services to customers through 28
locally-branded divisions, 258 branches, and 343 ATMs in Georgia,
Alabama, South Carolina, Florida, and Tennessee. See Synovus Bank on the
web at synovus.com,
on twitter @synovus and LinkedIn. Equal Housing Lender.
WU-G
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