Western Union ties up with Saudi Bank for money remittance

Western Union Financial Services a global leader in money transfer services has tied up with Saudi Bank for providing money transfer services to customers.

 According to Anil Kapur, Regional Director (South Asia), Western Union, India has been a considerable market for money transfer with business ranging to $10 billion to $15 billion.

It has also entered into an agreement with AFL WIZ, a logistics firm to offer home delivery facility to 400 cities in India. AFL WIZ would home delivery the money transferred from abroad through Western Union to location specified in India with incurring any extra cost.