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WU Western Union Company

11.90
0.01 (0.08%)
Pre Market
Last Updated: 12:02:13
Delayed by 15 minutes
Share Name Share Symbol Market Type
Western Union Company NYSE:WU NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.01 0.08% 11.90 342 12:02:13

Western Union Launches Electronic Affidavit to Expedite Money Transfers to Cuba

08/12/2011 9:30pm

Business Wire


Western Union (NYSE:WU)
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The Western Union Company (NYSE: WU), a leader in global payment services, announced today the launch of an electronic Affidavit that will now enable consumers, who meet specific government requirements, to easily send money to family members and friends in Cuba from most participating Western Union® Agent locations in the U.S.

Previously, Western Union Money Transfer service to Cuba was only available from a limited number of Agent locations. With the launch of the new Western Union electronic Affidavit, the money transfer service to Cuba will now be available from most Agent locations in the U.S. and will provide an alternative to the manual and fax paperwork verifications, making the process faster and more efficient.

“The new Western Union electronic Affidavit is consistent with our goal to offer fast, reliable and convenient money transfer services while connecting families with their loved ones in Cuba,” said Victoria López-Negrete, senior vice president and general manager, North America, Western Union.

Western Union has provided money transfer services from the U.S. to Cuba since 1999. Today, Western Union has more than 220 Agent locations in Cuba and pays consumer money transfers in Cuban Convertible Pesos across Cuba. To find a Western Union Agent location authorized to send Western Union Money Transfer® transactions from the U.S. to Cuba, visit www.westernunion.com or www.cuba.westernunion.com or consumers may call 1 (888) 984-CUBA (2822).

About Western Union

The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. As of September 30, 2011, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 485,000 Agent locations in 200 countries and territories. In 2010, The Western Union Company completed 214 million consumer-to-consumer transactions worldwide, moving $76 billion of principal between consumers, and 405 million business payments. For more information, visit www.westernunion.com.

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