410 Credito Familiar Locations in Mexico Now Offering Western Union(R) Services.Locations Open Convenient Hours, Including Saturdays ENGLEWOOD, Colo. -- The Western Union Company (NYSE NYSE See: New York Stock Exchange :WU), a global leader in money-transfer services, today announced that Western Union consumer money-transfer services are available at 410 branches of Credito Familiar in 29 states in Mexico. With this agreement, consumers can receive funds sent from a Western Union Agent location worldwide or an Orlandi Valuta or Vigo Agent location in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Consumers in Mexico receive funds at any Credito Familiar branch. "Western Union, Orlandi Valuta and Vigo are trusted brands among Credito Familiar consumers," said Salvador Villar, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Citibank (Banamex USA). "Now, in addition to obtaining loans, our consumers have the added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
The total number of Western Union, Orlandi Valuta and Vigo Agent locations in Mexico is now approximately 13,700. "Western Union works hard to offer services that are available during nontraditional business hours BUSINESS HOURS. The time of the day during which business is transacted. In respect to the time of presentment and demand of bills and notes, business hours generally range through the whole day down to the hours of rest in the evening, except when the paper is payable it a bank or by a ," said Liz Alicea-Velez, Western Union Executive Vice President, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and the Caribbean. "Not only does this agreement accomplish that - it also further cements our strategic alliance with Banamex, another trusted authorized Agent in Mexico." Credito Familiar locations operate in 127 cities throughout Mexico Monday through Friday from 8:30 a.m. until 6 p.m., and on Saturdays from 8:30 a.m. to 2 p.m. Credito Familiar joins the Banamex network, an affiliate of Citibank. Banamex has served as an Agent for Western Union and Orlandi Valuta in Mexico since 2001. In late 2006, Banamex extended its service offerings to include Vigo. The company offers Western Union services at more than 4,500 branch locations throughout Mexico. About Western Union Western Union, together with its affiliates Orlandi Valuta and Vigo, is a leading provider of global money transfer services, providing people with fast, reliable and convenient ways to send money around the world, pay bills and purchase money orders through a network of more than 312,000 Agent locations in over 200 countries and territories. For more information, visit www.westernunion.com. About Grupo Financiero Banamex Grupo Financiero Banamex has its origins and is the owner of Banco Nacional de México or Banamex, Mexico's second largest bank behind BBVA Bancomer. The Banamex Financial Group was purchased by Citigroup in August 2001 for $12.5 billion USD. Grupo Financiero Banamex is a member of Citigroup, Inc., and is the leading financial group in Mexico with Banco Nacional Banco Nacional was a bank from Brazil. It was taken over by Unibanco in 1995. The Nacional brand is better known as main sponsor of Ayrton Senna during most of his racing career in Formula 1 (1985-1994). de Mexico (Banamex), founded in 1884. Through its affiliates, the group maintains a pre-eminent position on the country's financial markets, including deposits, consumption financing, handling of investment societies and funds' resources for retirement, secure banking, pensions and stock-exchange brokerage. The group has an extensive distribution network of more than 1,450 branch offices and 5,800 ATMs located throughout Mexico. For more information, visit www.banamex.com. About Citi Citi, a leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include Citibank, CitiFinancial, Primerica, Citi Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. and Banamex. Additional information may be found at www.citigroup.com or at www.citi.com. WU-G |
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