Western Union Resumes Outbound Money Transfers From Greece
31 8월 2015 - 10:40PM
Dow Jones News
Western Union Co. said it resumed money-transfer services that
allow customers to move funds from Greece to more than 200
countries following the Greek government's decision to allow the
restart of certain outbound money transfers.
Greece in late June shut down its banking system, ordering
lenders to close, and its central bank moved to impose controls to
prevent money from flooding out of the country.
The Englewood, Colo.-company on Monday said its customers will
be allowed to send as much as 500 euros (US $562) a month to more
than 200 countries through its agent, WorldBridge Payment
Institution.
Western Union has been "working hard to restore Western Union
services fully in Greece," said Giovanni Angelini, Western Union
vice president and general manager for Europe. "This has been a
priority for us since the commencement of the enforced bank holiday
in late June."
Western Union already had reopened much of the money-transfer
services that allowed transfers into Greek banks in July, though
the funds were subject to bank-withdrawal limits set by the
government.
Write to Tess Stynes at tess.stynes@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
August 31, 2015 09:25 ET (13:25 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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