Sample Receipt Of Western Union Money Transfer 6 Things To Know About Sample Receipt Of Western Union Money Transfer

ENGLEWOOD, Colo. & HAVANA–(BUSINESS WIRE)–The Western Union Company (NYSE: WU), a baton in all-around repayments, today pioneered adaptable and online cash transfers to Cuba via the Western Union software and wu.com into the U.S., paving the way in which for a fresh bearing of tech-savvy barter to go cash into Cuba in moments.*

The move solidifies Western Union’s added than 15 several years of restricted Cuba and reflects its fee to come with admission to its all-around omni-channel action to your Cuban banishment into the United States.

Consumers appliance wu.com or the app that is adaptable the U.S. can baddest the new “Send to Cuba” advantage to accelerate and clue their money transfers, until they are paid out in account in bounded bill (Cuban convertible pesos) at Western Union’s all-encompassing arrangement of 420 Abettor locations in Cuba. Western Union is represented beyond every one of Cuba’s 16 ambit and 168 municipalities through its arch Agent, Fincimex.

“Western Union has been allowance Cubans in the U.S. to accelerate money to their admired ones aback home for added than 15 years,” said Odilon Almeida, Western Union admiral of the* that is( and European Union. “Pioneering a fresh means for our U.S. barter to speed up cash into Cuba via wu.com and our adaptable appliance is yet addition anniversary in application this celebrated area country.”

“We expedited activation of our agenda cash alteration accessibility for senders in the* that is( banishment as we apperceive contiguous the bulk of remittances to the bread-and-butter aegis of families and allotment of baby businesses. Expanding accessibility and money that is affective account is really what underpins our absolute omni-channel strategy.”

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Western Union’s four-star rated1 app that is adaptable iOS and Android is fast and chargeless to download. The app’s automated architecture makes transfers accessible to accomplish and clue to about 500,000 abettor locations worldwide, including 420 in Cuba. For convenience, acquaintance advice can be adored on the app for quick echo sending* that are.2( has now enabled consumers in 29 nations to speed up cash transfers to Cuba.

“Digital cash alteration is an breadth of focus beyond the apple for Western Union led acerb by the United States. Added than 55 % of our that is absolute outbound alteration casework now arise via mobile,” Almeida explains.

Speeding up the clip of agenda money alteration into Cuba is account that is acceptable both senders and receivers. Hispanics are added appropriate to utilize their adaptable phones included generally speaking than non-Hispanics to alteration cash to addition else.3 Remittances to Cuba from all nations had been approximated at $1.2 billion in 2013 and 2014, in accordance with a February 2015 target by the Inter-American Dialogue. The most of cash transfers to Cuba are through the U.S., area choices for adaptable and money that is online casework are increasing, abnormally by adolescent consumers (under 35 years old).4

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According to the Bread-and-butter Commission for Latin America and the Caribbean (ECLAC), remittances currently ability 62 percent of Cuban households, sustain about 90 percent of the retail bazaar and accommodate bags of jobs.5 “Remittances [to Cuba] are the above antecedent of assets for baby businesses accouterment to the growing company demand,” addendum Guillermo J. Grenier, Ph.D. Professor of Sociology, Florida International University and arch investigator of the FIU Cuba Poll, which has been barometer the relationships amid the Cuban banishment in Miami and US/Cuba action back 1991.

Consumers are attractive for altered options to accelerate money, and* that is( provides quick and available to utilize agenda platforms to accommodated their requirements. Western Union happens to be advance in a technology courage to advance the chump acquaintance and has now money that is optimized systems to articulation banknote and agenda to enhance speed, believability and convenience, so barter can accept choices for sending money to Cuba and the blow of the world.

* Date accessible will be displayed on receipt. Service and funds availability depends on assertive factors including the* that is( chosen, the baddest ion of delayed dedication choices, appropriate agreement applicative to anniversary Service, bulk sent, location nation, bill access, respected problems, client aegis problems, recognition needs, dedication limitations, abettor area hours, and variations in time areas (collectively, “Restrictions”).

About Western Union

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The Western Union Company (NYSE: WU) is a baton in all-around acquittal services. Together using its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded acquittal services, Western Union provides customers and companies with quick, reliable and appropriate way to speed up and accept cash concerning the globe, to speed up repayments also to acquirement cash sales. As of December 31, 2015, the Western Union, Vigo and Orlandi Valuta branded casework had been provided through a accumulated arrangement of over 500,000 abettor areas in 200 nations and regions and over 100,000 ATMs and kiosks, and included the adequacy to speed up cash to over one billion records. In 2015, The Western Union Company finished 262 actor consumer-to-consumer affairs globally, moving $82 billion of arch amid customers, and 508 star company repayments. For added information, check out www.westernunion.com.

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1 WU.com software is ranked 4.0 by Apple App Store2 Read added at https://www.westernunion.com/us/en/mobile-app.html#yXgM5i41KJLRseTA.993 PricewaterhouseCoopers (PwC) Customer Intelligence Series, “Mi Movil: Hispanic Consumers Embrace Adaptable Technology ,” May 24, 20144 PricewaterhouseCoopers (PwC), “Blurred Lines: How FinTech is Shaping Financial Services,” March 15, 20165 Analysis of The Havana Consulting Group

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