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.

 

“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”

 

"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.”