Friday, December 9, 2011

Western Union broadens reach in Cuba

Western Union broadens reach in Cuba
Posted: 12/09/2011 10:22:13 AM MST
By The Denver Post

The Western Union Co​. is greatly expanding the number of agent
locations in the United States that can send money transfers to Cuba,
the Douglas County company said.

Previously, only a limited number of locations could send money, and the
process involved faxing paperwork verifications.

A new electronic affidavit will open up transfers from most of the
company's U.S. locations. Western Union has more than 58,000 agent
locations in the U.S and Canada.

Western Union has more than 220 locations in Cuba, which it has provided
money transfers to since 1999. It pays consumer money transfers in the
Cuban Convertible Pesos.

"The new Western Union electronic affidavit is consistent with our goal
to offer fast, reliable and convenient money transfer services while
connecting families with their loved ones in Cuba," said Victoria
López-Negrete, the company's senior vice president and general manager
for North America.

http://www.denverpost.com/breakingnews/ci_19506739

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