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The Western Union Company
WU, a leader in global payment services,
today launched Western Union Money Transfer^® services at six banks in
Myanmar, for the first time allowing Myanmarese and residents to receive
international money remittances from more than 200 countries and territories
in minutes.
In addition to the six banks, Kanbawza Bank, the largest private bank in
Myanmar with over 90 locations nation-wide, has signed with Western Union.
A combined network of more than 150 locations representing Co-operative Bank,
First Private Bank, Myanma Apex Bank, Myanmar Livestock and Fisheries
Development Bank, Myanmar Oriental Bank and United Amara Bank are now
connected to Western Union's global network of over 500,000 Agent locations.
Kanbawza's agreement will further expand the Western Union Agent Network to
nearly 250 locations in the coming month. Western Union is the first global
money transfer operator to sign seven banks after sanctions were eased last
year.
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