The Western Union Company (NYSE: WU) today announced it has added
approximately 600 locations to its Philippines Agent network with the
signing of two new Agents, further strengthening Western Union's
leading position in the country.
Direct Agent 5, Inc (DA-5) and JPT Central Corporate Holding &
Management Corporation, (JPT), join the existing four Agents already
in the Philippines, bringing the total number of Western Union
locations to in excess of 6,000.
The new Agents reflect Western Union's ongoing commitment to offer
fast, reliable and convenient money transfer services by providing
country-wide access for customers. JPT has more than 100 years'
heritage in the Philippine market, while DA-5, a recently formed
consortium of three corporations, has a combined 60 years' expertise.
Both DA-5 and JPT have extensive, trusted and well-established
networks that reach throughout the Philippines. These Agent networks
are now fully operational throughout the Philippines.
Western Union, which offers Money in Minutes(1) and Direct to
Bank(2) services to the Philippines, is relied upon by millions of
customers globally to swiftly and reliably transfer money. The company
has approximately 300,000 locations worldwide, and more than 52,000
agent locations in 38 countries and territories in the Asia Pacific
region.
About Western Union
Western Union, together with its affiliates Orlandi Valuta and
Vigo, is a leading provider of global money transfer services,
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.
(1) Funds will be available for payment subject to Agent
location's hours of operation, differences in time zone, and other
applicable restrictions. Applicable to person-to-person money transfer
service.
(2) Money is deposited to the receiver's bank account in the
Philippines. Most major banks in the Philippines covered.
WU-G
