Western
Union, has announced a tie up with Indian Overseas Bank
to provide inbound money transfer services across the
country at 154 IOB offices. Announcing the tie-up Anil
Kapur, regional vice president, South Asia, Western Union
said, "Our strategy of teaming up with reputable
institutions, such as Indian Overseas Bank, shows that
together, Western Union and its agents can offer a reliable
money transfer service to Indians abroad."
An
international leader in money transfer services, Western
Union has entered in to the tie-up through its direct
agent in India, Weizmann Forex.
Speaking
on the occasion, S C Gupta, chairman and managing director,
IOB said, "Our strategic relationships with Western
Union and Weizmann Forex, gives us an opportunity to expand
our current array of services to serve our customers better.
The Western Union Money Transfer service is important
for our customers who need to receive money promptly from
abroad."
Western
Union Financial Services, Inc., a subsidiary of First
Data Corp. (NYSE: FDC), is an international leader in
consumer money transfer services since 1871. Western Union,
famous for its pioneering telegraph service in 1851, and
its subsidiary, Orlandi
Valuta, together make up one of the world's largest money
transfer networks with approximately 202,000 agent locations
in more than 195 countries and territories.
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