Western Union and Woodforest National Bank Renew Agreement to Offer Global Money Transfer Services
August 17 2022 - 6:00AM
Business Wire
Woodforest National Bank customers can now take advantage of
both retail and digital money transfer capabilities through Western
Union (NYSE: WU) thanks to a renewed agreement between the two
companies.
With this renewal, Woodforest National Bank consumers continue
to have access to Western Union money and bill payment services via
the bank’s branches, as well as online capabilities via the bank’s
website and mobile app. Woodforest National Bank, headquartered in
The Woodlands, Texas, operates in 17 states throughout the U.S.
"Providing value is an essential part of consumers’ financial
services experience, particularly when it comes to retail and
online banking," said Molly Shea, Head of Western Union’s North
America business.
“For more than a decade, Western Union and Woodforest National
Bank have worked together to bring consumers speed, choice and
reliability when conducting money transfer and bill payment
services. Our partnership with Woodforest National Bank
significantly increases the availability of these services,
offering both in-branch and online services to give customers
choice and convenience when conducting their financial business,”
Shea concluded.
Western Union offers banks a cost-effective and reliable way to
meet consumer demand to send money from bank accounts to be paid
out almost anywhere in the world. The company’s cross-border,
cross-currency platform and global financial network reaches 200
countries and territories worldwide, giving customers the ability
to move money to family and friends virtually anywhere. Customers
have the option to have their money transfers paid out in minutes
across a substantial network of retail locations or into billions
of bank accounts, including millions of wallets and cards
worldwide.
“One of our greatest assets we provide for our customers is the
ability to offer multiple financial services across multiple
platforms, providing ease and convenience, no matter when or where
they need to conduct their transactions,” said Julie Mayrant,
President and Chief Retail Officer, Woodforest National Bank.
“Western Union has played a vital role in our ability to do so,
providing critical cross-border money transfer and bill payment
capabilities to our customers over both retail and digital
channels. We are excited to continue our relationship with them and
offer Western Union services to our customers.”
About Western Union
The Western Union Company (NYSE: WU) is a global leader in
cross-border, cross-currency money movement and payments. Western
Union’s platform provides seamless cross-border flows and its
leading global financial network bridges more than 200 countries
and territories and approximately 130 currencies. We connect
consumers, businesses, financial institutions and governments
through one of the world’s widest reaching networks, accessing
billions of bank accounts, millions of digital wallets and cards
and a substantial global network of retail locations. Western Union
connects the world to bring boundless possibilities within reach.
For more information, visit www.westernunion.com.
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Western Union Media Contact: Brad Jones
Bradley.Jones@wu.com
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