The UK’s first supermarket bank has formed a new relationship with Western Union. The agreement also includes making Western Union’s consumer-to-consumer (C2C) money transfer services available in future Sainsbury’s Travel Money bureaux.
Western Union will provide Western Union Money Transfer® services in around 170 Sainsbury’s Bank Travel Money bureaux in Sainsbury’s stores across the UK, serving many of the most densely populated cities, including London, Leicester, Glasgow and Birmingham.
Sainsbury’s Bank also provides a Travel Money service at its bureaux. Customers have the option of ordering foreign currency online, over the phone or in-store and collecting it free of charge from a bureau that is most convenient to them. Currency can also be delivered directly to their home (charges may apply when selecting home delivery).
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.
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