Western Union Extends Agreement With India's Weizmann Forex Limited.Agreement Demonstrates Western Union's Commitment to India India, officially Republic of India, republic (2005 est pop. 1,080,264,000), 1,261,810 sq mi (3,268,090 sq km), S Asia. The second most populous country in the world, it is also sometimes called Bharat, its ancient name. India's land frontier (c. as a Growth Opportunity 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 leading provider of money transfer services, today confirmed a multi-year agreement with its Agent, Weizmann Forex Forex See: Foreign exchange Limited, to provide money transfer services in India, via more than 10,000 locations. Weizmann Forex has been a Western Union Agent since 2001 and is one of the leading Agents in India. Western Union is one of the leading providers of money transfer services in the world. It continues to grow by capitalizing on long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. global migration trends and increasing cross-border remittances
Remittances are transfers of money by foreign workers to their home countries. . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. World Bank's Global Economic Prospects report - India is the world's largest receiver of remittances with 23.4 Billion US Dollars remitted into India in 2006. Weizmann Forex Limited is one of the leading money exchange companies in India. Weizmann Forex Limited is part of Weizmann Group, a company that has been in business for more than two decades during which it has acquired a reputation in the fields of Textiles Manufacturing, Wind and Hydro Power Generation, Exports, Housing, Consumer Finance and 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. . One of the leading players in India's money exchange arena, Weizmann Forex Limited has branches across India and a presence in all major Indian cities. This long-term agreement broadens the relationship between Western Union and Weizmann Forex further consolidating Weizmann Forex' presence in the money transfer field and reaffirming Western Union's commitment to India as a growth market. "We look forward to the continuation of our important relationship with Weizmann Forex Limited," said Christina Gold, 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. , The Western Union Company. "Western Union understands the complexity and diversity of the Indian market and is committed to providing the valued financial services the Indian consumer has come to expect from us. Working with trusted businesses like Weizmann Forex enables us to deliver on our promise to enhance our network and deliver the best service possible for our customers." About Weizmann Forex Ltd Weizmann Forex Ltd is one of the leading money exchange services, and a leading network agent for Western Union in India. Weizmann Forex Limited is part of Weizmann Group, a company that has been in business for over two decades during which time it has acquired a reputation in the field of Textiles Manufacturing, Wind and Hydro Power Generation, Exports, Housing, Consumer Finance and Financial Services. Weizmann Forex Limited has 31 branches in major cities across the country. About Western Union Western Union, together with its affiliates Orlandi Valuta and Vigo, are leading providers of global money transfer, providing people with fast, reliable and convenient ways to send money around the world, pay bills and purchase money orders through a network of approximately 300,000 Agent locations in over 200 countries and territories. For more information, visit www.westernunion.com. WU-G |
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