ENGLEWOOD, Colo.--(BUSINESS WIRE)--The Western Union Company (NYSE: WU), leader in global payment services, and Synovus Bank, one of the largest community banks in the Southeast, has launched Western Union international and domestic Money Transfer® and bill payment services at 249 Synovus Bank full-service branches.
Both Money Transfer® and bill payment services are now available to consumers at Synovus Bank, and money can be sent to more than half a million Western Union Agent locations in more than 200 countries and territories.
Western Union’s global money transfer system offers Synovus—and their customers—true international connectivity via cross-border money transfers in minutes between consumers, and also from consumers to businesses within the United States.
“By joining forces with Western Union, banks like Synovus gain a cost-effective, secure and compliant way to meet increased consumer demand to send money locally and globally,” said Carter Hunt, Senior Vice President and General Manager, U.S., Western Union.
"Synovus Bank joins our growing network of banking collaborations as we continue to grow and focus on ensuring our services are available to those who rely on them.
"Western Union is at the forefront of the money transfer industry, serving as an economic engine with in-minutes or next-day transfer of funds between individuals across the U.S., and to urban and rural parts of the world,” Hunt continued.
Synovus, headquartered in Columbus, Georgia, has a large footprint in the South, with locations in Georgia, Alabama, South Carolina, Florida and Tennessee.
For Synovus, Western Union services also provide a value-add for walk-in customers as a part of their “Connect” program, created primarily for consumers currently underserved by financial institutions.
“Western Union will allow us to provide more options to serve our customers and assist with their financial transactions,” said Wayne Akins, Executive Vice President and Chief Retail Banking Officer. “Their service fits well into our Connect program, where we are working to serve customers with a broader suite of products to match their financial needs.”
To find the nearest Synovus Bank location with Western Union services, visit www.synovus.com and click on “ATM/Branch Locations.”
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 March 31, 2015, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of over 500,000 agent locations in 200 countries and territories and over 100,000 ATMs and kiosks. In 2014, The Western Union Company completed 255 million consumer-to-consumer transactions worldwide, moving $85 billion of principal between consumers, and 484 million business payments. For more information, visit www.westernunion.com.
About Synovus Bank
Synovus Bank is a Georgia-chartered, FDIC-insured bank. Synovus Bank, together with its affiliates, provides commercial and retail banking, investment, and mortgage services to customers through 28 locally-branded divisions, 258 branches, and 343 ATMs in Georgia, Alabama, South Carolina, Florida, and Tennessee. See Synovus Bank on the web at synovus.com, on twitter @synovus and LinkedIn. Equal Housing Lender.