Agreement Expands Western Union's Intra-Country Money Transfer Services in Chile.ENGLEWOOD Englewood (ĕng`gəlw d).1 City (1990 pop. 29,387), Arapahoe co., N central Colo., on the South Platte River, a residential and industrial suburb of Denver; inc. 1903. , Colo. -- The Western Union Company (NYSE NYSE See: New York Stock Exchange :WU), a global leader in money-transfer services, today announced it has entered into an agreement with EGT EGT Exhaust Gas Temperature EGT Equal Gain Transmission EGT Estimated Ground Time EGT Equivalent Granular Thickness (numerical cale for roadway evaluation) EGT Enhanced Ground Testing EGT EndGame Tournaments LLC of Chile, a holding company for several transportation providers including Tur-Bus, to offer intra-country Western Union-branded services. With this agreement, Western Union intra-country services will be offered at approximately 500 locations, including all Tur-Bus locations throughout Chile. EGT, in addition to other Western Union Agents in Chile, already offers Western Union outbound out·bound adj. Outward bound; headed away: outbound trains. Adj. 1. outbound - that is going out or leaving; "the departing train"; "an outward journey"; "outward-bound ships" money-transfer services to Western Union Agent locations worldwide. This agreement will enhance Western Union's domestic money-transfer business using Tur-Bus and EGT's network of locations. The Agent locations will begin offering Western Union intra-country services by the end of the year. "Western Union is a global name consumers know and trust," said Fernando Fernandez Fernando Fernandez (c.1850 – 1940), born in Bayamon, Puerto Rico, was the founder of the oldest rum manufacturing company in Puerto Rico. Start of a dynasty , General Manager of Tur-Bus. "With our newly branded domestic service and Western Union's world-class Agent network reliability, reach and capability, we will be uniquely positioned to enhance our consumer experience." With this agreement, a Chilean consumer will have an additional 500 locations from which to send and receive funds to and from friends and loved ones loved ones npl → seres mpl queridos loved ones npl → proches mpl et amis chers loved ones love npl throughout the country - no matter if he is traveling or living in another city from his family. Liz Alicea-Velez, 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, Western Union, said, "Today's announcement builds upon our intra-country strategy to deliver new ways for our consumers to conduct seamless transactions in Chile." As economic and social climates change, many countries have seen traditional remittance Money sent from one individual to another in the form of cash, check, or some other manner. Financial statements sent by a creditor to a debtor frequently refer to the process of submitting a monthly remittance. REMITTANCE, comm. law. patterns change. With its extensive Agent network in more than 200 countries and territories around the world, Western Union is uniquely positioned to respond to these trends. The robust, global Agent infrastructure has enabled countries that traditionally only offered consumers the option to receive funds to quickly and easily become sending countries, and allowed others, such as Chile, to add domestic transfers in a market that was primarily international. 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 Tur-Bus Tur-Bus, a leader of transport of interurban in·ter·ur·ban adj. Relating to or connecting urban areas: an interurban railroad. passengers in Chile, has been in the business of transporting passengers since 1948. The company, which offers transport to Argentina and Peru, also offers tourism services nationally and transport to personnel of mining companies. The company continues to expand its services, such as this recent agreement to integrate money transfer services. WU-G |
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