Western Union and TD Expand Money Transfer from Canada to the World
August 01 2019 - 8:30AM
Business Wire
Millions of TD Account Holders Now Able to
Send Money Online for Payout at Western Union® Agent Locations
Globally
Western Union (NYSE: WU), a leader in global payment services,
and TD, one of Canada's largest financial institutions, have
announced a fast and convenient way for TD customers to send money
internationally through Western Union. Now, TD customers can send
money cross-border from their personal TD Canada Trust Canadian
dollar chequing, savings or line of credit accounts for cash pickup
at a Western Union location in 200 countries and territories around
the world. The service, which launched this month, is available
online and via EasyWeb, and continues to be rolled out for TD app
users.
"Western Union offers a convenient and reliable way to meet
increased consumer demand for international financial connectivity,
allowing money transfers between individuals to take place quickly
and with flexibility. In collaboration with TD, we are unlocking
opportunity for consumers and building a bridge that connects the
online and offline—or digital and retail—worlds. The ability to
support digital-to-cash money transfers helps us deliver on the
choice and convenience customers want,” said Khalid Fellahi, Global
Head of Consumer Money Transfer, Western Union.
"We're thrilled to be able to offer our Personal Banking
customers the ease and convenience of Western Union Money Transfers
within TD EasyWeb and via the TD app," said Frank Psoras, Senior
Vice President, Every Day Banking, TD. "This offering, along with
additional enhancements to the service still to come, exemplify
TD's commitment to customer-centric innovation, and is part of how
we're making it fast and easy for customers with friends and family
in other parts of the world to send money."
WU-G
About Western Union
The Western Union Company (NYSE: WU) is a global leader in
cross-border, cross-currency money movement. Our omnichannel
platform connects the digital and physical worlds and makes it
possible for consumers and businesses to send and receive money and
make payments with speed, ease, and reliability. As of March 31,
2019, our network included over 550,000 retail agent locations
offering Western Union, Vigo or Orlandi Valuta branded services in
more than 200 countries and territories, with the capability to
send money to billions of accounts. Additionally, westernunion.com,
our fastest growing channel in 2018, is available in approximately
70 countries, plus additional territories, to move money around the
world. With our global reach, Western Union moves money for better,
connecting family, friends and businesses to enable financial
inclusion and support economic growth. For more information, visit
www.westernunion.com.
About TD
The Toronto-Dominion Bank and its subsidiaries are collectively
known as TD Bank Group ("TD" or the "Bank"). TD is the sixth
largest bank in North America by branches and serves 26 million
customers in three key businesses operating in a number of
locations in financial centres around the globe: Canadian Retail,
including TD Canada Trust, TD Auto Finance Canada, TD Wealth
(Canada), TD Direct Investing, and TD Insurance; U.S. Retail,
including TD Bank, America's Most Convenient Bank®, TD Auto Finance
U.S., TD Wealth (U.S.), and an investment in TD Ameritrade; and
Wholesale Banking, including TD Securities. TD also ranks among the
world's leading online financial services firms, with 13 million
active online and mobile customers. TD had CDN$1.4 trillion in
assets on April 30, 2019. The Toronto-Dominion Bank trades under
the symbol "TD" on the Toronto and New York Stock Exchanges.
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version on businesswire.com: https://www.businesswire.com/news/home/20190801005261/en/
Western Union Sarah (Meske) Johnson 303-250-9102
Sarah.Meske@westernunion.com TD Samantha Grant 647-462-9321
Samantha.grant@td.com
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