Available at 270 Agent locations across Greece
The
Western Union Company, a leader in global payment services, today
announced the activation of international remittances into Greece,
allowing customers to receive cash payouts in minutes* at select walk-in
retail Agent locations from almost anywhere around the world.
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Western Union opened for business today in Greece allowing customers to receive cash payouts in minutes* at select walk-in retail Agent locations from almost anywhere around the world. (Photo: Business Wire)
International and domestic Western Union Money Transfer® transactions
are available for payout at up to 2701 out of 1,000 locations
of WorldBridge Payment Institution (Paylink®) across Greece, with
customers allowed to receive cash in amounts not subject to Greek
capital controls.
Western Union is working on expanding its in-bound payout Agent
locations to include the entire network of over 1,800 locations
represented by Agents WorldBridge Payment Institution (Paylink®) and
ELTA - Hellenic Post, Greece’s Postal Authority.
“To reinstate money transfer services for our customers is a great
triumph, as we know the need to move money into Greece has never been
more relevant than it is today. Our experience across the globe shows
that during any type of crises – economic or otherwise – families and
friends living abroad come together to support their loved ones in
need,” said Giovanni Angelini, Senior Vice President and General
Manager for Europe at Western Union.
“We are pleased to reinstate this important lifeline for customers in
Greece who urgently depend upon the generosity and kindness of their
family and friends across the world to send them funds to pay for
regular expenses, including everyday living expenses, health care and
education,” he said.
The activation of Western Union international and domestic transfers
follows a new law issued by the Greek government, allowing money
transfer operators to resume intra as well as in-bound transactions
under special conditions.
Western Union also recently activated in-bound transfers directly into
Greek bank accounts from family or loved ones from 30 countries across
North America, Europe, CIS and Asia Pacific.
Western Union’s cross-border platform is a rare combination of a
physical and fast-growing digital network in 200 countries and
territories. Across its brands the company has over 500,000 retail agent
locations around the world – including leading retailers and banks, more
than 100,000 ATMs and kiosks, over 90 active account-based money
transfer banks, bank payout in more than 50 countries and wu.com sites
in 25 countries.
* Service and funds availability depends on certain factors including
the Service selected, the selection of delayed delivery options, special
terms applicable to each Service, amount sent, destination country,
currency availability, regulatory issues, consumer protection issues,
identification requirements, delivery restrictions, agent location
hours, and differences in time zones (collectively, “Restrictions”).
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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.
1 Availability of funds across the 270 select locations will
be initially gradual; customers may call WorldBridge’s Call Center at
800 1002020 (local toll free) & +30 210 9005000 to verify the full
functionality of locations.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150727005607/en/
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