Western Union….aiding Greece during financial crisis
Western Union activates money transfer into Greece
ATHENS, 1 days ago
The Western Union Company, a leading global payment services, has activated international remittances into Greece, allowing customers to receive cash payouts in minutes from almost anywhere around the world at select walk-in retail agent locations.
International and domestic Western Union Money Transfer transactions are available for payout at up to 270 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.
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. – TradeArabia News Service
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