Addition of Bank Mandiri Adds 630 Locations
To Western Union's International Agent Network
DENVER, Oct. 9 /PRNewswire-FirstCall/ -- Western Union Financial Services,
Inc., a subsidiary of First Data Corp. (NYSE: FDC), announced the signing of a
money transfer agreement with Bank Mandiri Indonesia, the nation's largest
bank in terms of assets, loans and deposits. This multi-year contract will
allow Western Union to offer money transfer services in up to 630 branches
throughout Indonesia. The addition of Bank Mandiri will bring Western Union's
total number of Indonesian agent locations to more than 2,000.
Bank Mandiri, a household name in Indonesia, provides comprehensive
financial service to more than 6 million corporate and individual customers as
well as small and medium sized enterprises. Its addition to the Western Union
agent network will expand availability of Western Union services and aid
Indonesian expatriates in the Middle East, Asia, Australia, North America and
Europe who continue to send funds to loved ones back home.
"The agreement with Bank Mandiri and more than 40 other banks within the
Asia Pacific region demonstrates that Western Union is rapidly becoming the
money transfer service of choice to the Asian Banking community and to Asian
migrants around the globe," said Bill Thomas, president, Western Union
International.
"Bank Mandiri recognizes the desire for fast, reliable money transfer
services among its customers" said Mr. Omar Anwar, executive vice president of
Bank Mandiri. "Working with Western Union allows us to provide the services
our customers need, furthering our goal of supporting economic development
throughout Indonesia and serving the entire society."
About Western Union Financial Services, Inc. and First Data
Western Union Financial Services, Inc., a subsidiary of First Data Corp.
(NYSE: FDC), is an international leader in consumer money transfer services.
Consumers can quickly, safely and reliably pay bills and transfer money around
the globe using the company's proprietary money transfer network. Western
Union and its subsidiary, Orlandi Valuta, together make up one of the world's
largest money transfer networks with a total of approximately 130,000 Agent
locations in more than 190 countries and territories. Famous for its
pioneering telegraph service, the original Western Union dates back to 1851
and introduced electronic money transfer service in 1871. For more
information, please visit the company's Web site at http://www.westernunion.com .
First Data Corp., with global headquarters in Denver, helps power the
global economy. Serving approximately 2.8 million merchant locations,
1,400 card issuers and millions of consumers, First Data makes it easy, fast
and secure for people and businesses to buy goods and services, using
virtually any form of payment: credit, debit, smart card, stored-value card or
check at the point-of-sale, over the Internet or by money transfer. For more
information, please visit the company's Web site at http://www.firstdata.com .
SOURCE Western Union Financial Services, Inc.
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Related links:
http://www.westernunion.com
Company News On-Call:
http://www.prnewswire.com/comp/138116.html
CONTACT:
Wendy Carver-Herbert of Western Union
Financial Services, Inc., +1-303-967-6416,
wendy.carver@firstdatacorp.com
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